4714 BUCCANEERS ROAD, Pender Island

$649,000

This 16,117.2 sqft property in Pender Island 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.

A charming home with a separate studio, just across the road from Magic Lake! Set among mature trees in a wonderful neighbourhood, this 3-bed, 1-bath bungalow is filled with character and warmth. Features hardwood floors, a cozy wood stove, an updated kitchen with island and pantry, a classic clawfoot bathtub and a family room with window seating. Originally relocated to the property by Nickel Bros in 2001, the home has had several improvements, including a permitted addition providing additional living space and laundry room. Just steps from the back door, a connecting deck leads to a separate studio with its own 3-piece bath. On Magic Lake water and sewer. Close to swimming, kayak launch, walking trails and Thieves Bay Marina, where property owners enjoy reduced moorage rates.

How this price compares

This lot asks $40 per square foot of lot. That is 78% below the median of $181 across the 3645 active lots VanPlex is showing in Metro Vancouver, and puts it 337 of 3645 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
$649,000
Lot size
16,117.2 sqft
Lot dimensions
0 x
Frontage
0 ft
Bedrooms
3
Bathrooms
2
Year built
1970
MLS® area
Pender Island
MLS® number
R3183446

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Listing data via MLS®. Displayed for information only.