65936 KAWKAWA LAKE ROAD, Hope
$1,099,000
This 376,358.4 sqft property in Hope 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.
Development Opportunity Near Kawkawa Lake! Just a short walk from the lake, this 8.64-acre property offers incredible potential. Preliminary discussions suggest the possibility of building 9 single-family homes along the roadway, plus 20–30 townhouses on the hillside—buyers are advised to verify with the District of Hope for development feasibility. According to the Official Community Plan, the land is designated for a mix of single-family and multi-family residential uses, institutional uses, and commercial transition areas. This allows for a range of housing types, including townhomes, apartments, cluster housing, special needs housing, and secondary dwellings. Currently on the property is a cozy, tenant-occupied 3-bedroom home with a basement, connected to full city services.
How this price compares
This lot asks $3 per square foot of lot. That is 96% below the median of $75 across the 36 active lots VanPlex is showing in Hope, and puts it 2 of 36 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
- $1,099,000
- Lot size
- 376,358.4 sqft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1945
- MLS® area
- Hope
- MLS® number
- R3164384
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Listing data via MLS®. Displayed for information only.