Don’t miss this rare investment opportunity in Vancouver’s sought-after Killarney neighbourhood – this extra-large 10,977 SF lot (50 x 219.55) with back lane access offers prime redevelopment potential under R1-1 zoning with maximum FSR 1.0. This is an exceptional opportunity for developers and investors looking to build a multiplex (housing options include multiplex up to 6 dwelling units, or up to 8 rental dwelling units), duplex, or a single detached home. The existing 3 Bed, 2.5 Bath home spans 2,584 SF with a functional layout and spacious basement with recreation room, making it an excellent holding property with rental income potential, with a highly desirable location close to schools, shopping, and transit. (*Buyer to confirm redevelopment regulations with City of Vancouver.)
Data was last updated July 23, 2025 at 02:40 AM (UTC)
Area Statistics
Listings on market:
89
Avg list price:
$1,850,000
Min list price:
$438,600
Max list price:
$3,998,000
Avg days on market:
55
Min days on market:
3
Max days on market:
461
Avg price per sq.ft.:
$887.35
These statistics are generated based on the current listing's property type
and located in
Killarney VE. Average values are
derived using median calculations. This data is not produced by the MLS® system.