51409 YALE ROAD, Rosedale
$849,900
This 21,780 sqft property in Rosedale 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.
RARE ROSEDALE INVESTMENT OPPORTUNITY! Own a piece of Rosedale’s history! This half-acre property boasts exceptional frontage and features a 1,442 sq. ft. detached home PLUS a side-by-side duplex with excellent income potential. The duplex awaits completion, with one side roughed in for 2 bedrooms and 1 bath, and the other for 3 bedrooms and 1 bath. Separate hydro and gas utilities for each duplex unit. The historic home and duplex offer separate driveways and fenced yards for added privacy. Convenient freeway access, multiple income possibilities, and potential for multi-generational living. A unique opportunity for investors to add value and maximize returns! Opportunities like this do not come around often!
How this price compares
This lot asks $39 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 328 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
- $849,900
- Lot size
- 21,780 sqft
- Lot dimensions
- 150 x
- Frontage
- 150 ft
- Bedrooms
- 0
- Bathrooms
- 1
- Year built
- 1968
- MLS® area
- Rosedale
- MLS® number
- R3183512
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Listing data via MLS®. Displayed for information only.