4540 MERRILL ROAD, Madeira Park
$679,000
This 10,890 sqft property in Madeira Park is a detached single-family home on a lot the new rules make suitable for a multiplex. Under BC's Bill 44 small-scale housing rules, most single-family lots in Metro Vancouver now allow at least three to four homes, and lots near frequent transit can allow up to six. Confirm the exact number for this lot against the city's own zoning.
Versatile property! Located on a quiet street near Francis Peninsula Marine Park, this 2 bedroom and 2 bathroom rancher is well maintained with an attached 1 bedroom suite (101-4540 Merrill Road) with its own kitchen & laundry. The yard is flat and spacious and laid out well to have an easy mortgage helper or in-law/guest living. Book your viewing today - this one won't last!
How this price compares
This lot asks $62 per square foot of lot. That is 80% above the median of $35 across the 12 active lots VanPlex is showing in Madeira Park, and puts it 10 of 12 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
- $679,000
- Lot size
- 10,890 sqft
- Lot dimensions
- 116 x
- Frontage
- 116 ft
- Bedrooms
- 3
- Bathrooms
- 3
- Year built
- 1970
- MLS® area
- Pender Harbour Egmont
- MLS® number
- R3160528
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Listing data via MLS®. Displayed for information only.