5505 18TH AVENUE, Tsawwassen
$1,799,000
This 8,256 sqft property in Tsawwassen 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 rare combination of a well-maintained and renovated home, income potential, exceptional views, and future townhouse redevelopment potential. This family home has excellent value with a large 8,256 sf lot with views of the North Shore Mountains. Functional floor plan with 3 generous bedrooms up and open living/dining room. Updated kitchen antique island and access onto the wrap-around balcony. Beautifully landscaped yard features mature gardens and private patios perfect for entertaining this Summer. Downstairs has potential for a nanny or in-law suite. Short walk to transit, recreation center. Buyer to verify development potential, zoning, density, and all requirements with the municipality.
How this price compares
This lot asks $218 per square foot of lot. That is 31% above the median of $167 across the 10 active lots VanPlex is showing in Tsawwassen, and puts it 9 of 10 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
- $1,799,000
- Lot size
- 8,256 sqft
- Lot dimensions
- 77 x 107
- Frontage
- 77 ft
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- 1972
- MLS® area
- Cliff Drive
- MLS® number
- R3171057
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Listing data via MLS®. Displayed for information only.