7419 COLUMBIA STREET, Mission

$1,199,000

This 11,535 sqft property in Mission 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 DEVELOPMENT OPPORTUNITY WITH INCREDIBLE VIEWS! Discover the possibilities at this unique Mission property offering two legally separate lots with outstanding south-facing vistas of Mount Baker, the Fraser River and the surrounding valley. The existing 5-bedroom, 3-bathroom home provides immediate functionality while you explore the property's future potential. Both lots are zoned M465, creating an exciting opportunity for duplex development, with the potential for four homes across two separate duplexes. Whether you're looking to build, invest, or secure a property with long-term redevelopment potential, this is an opportunity worth exploring. Buyer to verify all zoning, development, building and servicing requirements with the City of Mission. A property with views and potential!

How this price compares

This lot asks $104 per square foot of lot. That is 29% above the median of $81 across the 105 active lots VanPlex is showing in Mission, and puts it 75 of 105 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
$1,199,000
Lot size
11,535 sqft
Lot dimensions
98 x
Frontage
98 ft
Bedrooms
5
Bathrooms
3
Year built
1965
MLS® area
Mission BC
MLS® number
R3156159

Want the PlexScore and return on equity for this lot? Try PlexPro free for 14 days. Cancel before day 14 and you pay nothing.

Listing data via MLS®. Displayed for information only.