$1,499,900
Sold
RT-5 Zoned Development Opportunity in Prime Commercial Drive Location Attention builders, investors, and developers, this 3,175 SF lot offers exceptional redevelopment potential in one of Vancouver’s most sought-after neighbourhoods. Located steps from Commercial Drive and SkyTrain access, this property sits in a high-demand, transit-oriented area ideal for multi-unit or character retention projects (buyer to verify with City). The existing 1925 home offers 6 bedrooms and 2 bathrooms but is best suited for renovation, holding, or redevelopment. Surrounded by strong resale demand and vibrant community amenities, this is a rare opportunity to secure land value in a premium East Vancouver location. Opportunities like this are increasingly rare! Explore the potential today!
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Fireplace | 0 |
| Heating Type | Baseboard |
| # of Kitchens | 2 |
| Flooring | Concrete, Laminate |
| Foundation | Concrete Perimeter |
| Exterior Features | Balcony |
|---|---|
| Roof | Other |
| Structures | Residential Detached |
| Price | $1,289,900 |
|---|---|
| Total Bedrooms | 6 |
| Total Bathrooms | 2 |
| Full Bathrooms | 2 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 1763 |
| Year Built | 1925 |
| Age Of Building | 101 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Utility Type | Electricity Connected, Water Connected |
| Utility Sewer | Public Sewer |
| Water (WaterSource) | Public |
| Parking Type | Open, Gravel |
| Total Parking Spaces | 4 |
| Rental Suites | Legal Suite |
| Lot Size | 3175 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 25 |
| MLS® # | R3095920 |
| Area | Vancouver East |
| Neighbourhood | Grandview Woodland |
| City | Vancouver |
| Postal Code | V5N 1T7 |
| Gross Taxes | $7,832.73 |
| Zoning | RT-5 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Bedroom | 9' x 9' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Kitchen | 12' x 12' ft |
| Main Level | Living Room | 14' x 14' ft |
| Below | Bedroom | 12' x 12' ft |
| Below | Bedroom | 12' x 12' ft |
| Below | Bedroom | 12' x 12' ft |
| Below | Kitchen | 14' x 14' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
| Below | No | #3 |
Listed by: Royal Pacific Realty (Kingsway) Ltd.
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,613,000 | $24,700 | $1,637,700 |
-5.9%
|
| 2025 | $1,716,000 | $24,300 | $1,740,300 |
-4.3%
|
| 2024 | $1,792,000 | $25,900 | $1,817,900 |
+3.1%
|
| 2023 | $1,737,000 | $26,600 | $1,763,600 |
+11.5%
|
| 2022 | $1,554,000 | $27,600 | $1,581,600 | — |
No active comparable properties are currently available for this property type in Vancouver. The price evaluation chart will update as similar listings enter the market. This property is flagged as a Hot Deal (Land Value only, 14.0% price reduction) based on its competitive pricing and market demand.
Potential Cashback for this listing if you buy with us
Login to track your cashback progress
Buy with us & save on this property
$1,498,000
$1,199,900
$1,499,900
$1,388,000
$1,325,000
$1,249,900
