230 CAMPBELL STREET, Vancouver
$1,199,900
This 7,200 sqft property in Vancouver is a detached single-family home on a lot the new rules make suitable for a multiplex. In Vancouver, most single-family lots fall under the R1-1 zone, which allows a multiplex of up to six units on many lots, and more on larger or corner sites. The final count depends on lot area, frontage, and whether you keep any existing character home, so each lot should be checked against the city's rules.
Prime Duplex-zoned property in the heart of downtown Tofino, just steps from the beach and an easy walk to grocery, stores, restaurants, cafe's, pubs, the marina, trails, parks, the hospital and everyday amenities. The property features a cozy 3-bedroom, 1 bath rancher with an attached bachelor suite plus a detached studio-style cabin, offering excellent income potential. Designated in the Official Community Plan for future multi-family/commercial redevelopment, this is a rare opportunity to live in, rent out, or hold as a long term investment while benefitting from strong cash flow and outstanding future development in one of the BC's most desirable coastal communities. One of Canada's premier beach destinations and among one of the top cold-water surf destinations in the world. Surfs Up!
How this price compares
This lot asks $167 per square foot of lot. That is 62% below the median of $443 across the 717 active lots VanPlex is showing in Vancouver, and puts it 9 of 717 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $1,199,900
- Lot size
- 7,200 sqft
- Lot dimensions
- 60 x 120
- Frontage
- 60 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1959
- MLS® area
- Out of Town
- MLS® number
- R3155368
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Listing data via MLS®. Displayed for information only.