6438-6440 DOUGLAS STREET, West Vancouver
$2,488,000
This 6,100 sqft property in West Vancouver is a detached single-family home on a lot the new rules make suitable for a multiplex. West Vancouver follows the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. The large lots here give unusual design flexibility.
FANTASTIC REVENUE PROPERTY! Two currently rented suites, 6438 & 6440, one above the other, generating a combined mthly income (including 4 parking stalls) of approx. $5,400 plus utilities. The nicely appointed 1-bdrm main flr suite features large living rm, dining rm, lovely kitch, large bedrm, laundry and spacious private backyard. Mth-to-mth lease. The equally impressive 2-bedrm upper flr suite features nicely finished kitch, large living rm, dining rm, large primary bedrm, second bedrm, separate laundry and huge deck w/stunning water views. Fixed term lease expiring Nov 30, 2026. Downtown HSB zoning has changed to multi-family townhomes (FSR/FAR-1) increasing density to 3 stories plus basement (approx. 9,000 sqft). TENANTED PLS DO NOT WALK ON PPTY.
How this price compares
This lot asks $408 per square foot of lot. That is 103% above the median of $201 across the 182 active lots VanPlex is showing in West Vancouver, and puts it 165 of 182 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
- $2,488,000
- Lot size
- 6,100 sqft
- Lot dimensions
- 50 x 122
- Frontage
- 50 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1967
- MLS® area
- Horseshoe Bay WV
- MLS® number
- R3157354
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Listing data via MLS®. Displayed for information only.