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PRICED AT LAND VALUE! This PRIME redevelopment opportunity in the heart of Hastings-Sunrise is the hold-and-build play you've been waiting for. The 33’ x 122’ (4,026 sq.ft.) lot with rear lane access is zoned R1-1 and offers excellent potential for up to 4 units (buyer to verify with City). IDEAL for builders, investors, or buyers looking to secure future upside in a rapidly evolving neighbourhood. The existing home features TWO spacious 3-bedroom suites with separate entrances, providing strong CASH FLOW while redevelopment plans are explored. Minutes to downtown Vancouver, and steps to transit, schools, parks, and The Drive. Opportunities like this — income today, density tomorrow — don't come often. Don't miss your chance to see it! OPEN HOUSE: Sunday April 26th, 2-4pm.
| Basement Finished Area (sqft) | 959 |
|---|---|
| Basement Features | Finished, Exterior Entry |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Fireplace | 1 |
| Heating Type | Electric, Forced Air |
| Laundry | Common Area |
| # of Kitchens | 2 |
| Flooring | Hardwood, Tile, Vinyl, Carpet |
| Foundation | Concrete Perimeter |
| Exterior Features | Garden, Balcony, Private Yard |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $1,579,000 |
|---|---|
| Total Bedrooms | 6 |
| Total Bathrooms | 3 |
| Full Bathrooms | 3 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 2410 |
| Year Built | 1914 |
| Age Of Building | 112 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Additional Parking, Garage Single, Lane Access, Rear Access |
| Total Parking Spaces | 1 |
| Rental Suites | Legal Suite |
| Lot Size | 4026 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 33 |
| MLS® # | R3111301 |
| Area | Vancouver East |
| Neighbourhood | Renfrew VE |
| City | Vancouver |
| Postal Code | V5K 3X7 |
| Gross Taxes | $8,512.16 |
| Zoning | R1-1 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Foyer | 3'7 x 3'7 ft |
| Main Level | Living Room | 11'6 x 11'6 ft |
| Main Level | Dining Room | 14'2 x 14'2 ft |
| Main Level | Kitchen | 13'3 x 13'3 ft |
| Main Level | Primary Bedroom | 10'5 x 10'5 ft |
| Main Level | Bedroom | 10'5 x 10'5 ft |
| Main Level | Bedroom | 11'5 x 11'5 ft |
| Main Level | Patio | 13'8 x 13'8 ft |
| Basement Level | Family Room | 13'8 x 13'8 ft |
| Basement Level | Kitchen | 16'8 x 16'8 ft |
| Basement Level | Bedroom | 10'5 x 10'5 ft |
| Basement Level | Bedroom | 10'5 x 10'5 ft |
| Basement Level | Bedroom | 9'9 x 9'9 ft |
| Basement Level | Utility | 15'5 x 15'5 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Basement | No | #3 |
| Basement | No | #4 |
Listed by:
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 | $1,577,000 | $28,100 | $1,605,100 |
-5.4%
|
| 2025 | $1,663,000 | $33,500 | $1,696,500 |
+0.3%
|
| 2024 | $1,655,000 | $36,600 | $1,691,600 |
+2.6%
|
| 2023 | $1,610,000 | $38,300 | $1,648,300 |
+8.5%
|
| 2022 | $1,478,000 | $41,400 | $1,519,400 | — |
Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar Single Family Residences average $1,811,500 across 4 active listings — this listing is 12.8% below the Vancouver average. This property is flagged as a Hot Deal (Land Value only) based on its competitive pricing and market demand.
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