4618 GERRANS BAY ROAD, Madeira Park
$924,900
This 8,336 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.
Discover waterfront living in Pender Harbour with this low-bank property featuring a private dock and boat house. The house offers an open layout with 3 bedrooms, 2 bathrooms, and a spacious lower-level rec room with a cozy fireplace. Enjoy views of Gerrans Bay from the deck or relax by the fire pit. Located on a quiet street just five minutes from Madeira Park amenities, this home offers great potential to update and create your ideal coastal retreat.
How this price compares
This lot asks $111 per square foot of lot. That is 220% above the median of $35 across the 13 active lots VanPlex is showing in Madeira Park, and puts it 12 of 13 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
- $924,900
- Lot size
- 8,336 sqft
- Lot dimensions
- 73.71 x
- Frontage
- 73.71 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1970
- MLS® area
- Pender Harbour Egmont
- MLS® number
- R3089880
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Listing data via MLS®. Displayed for information only.