Mission, Mission
$449,000
This 6,000 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.
Investor alert!! 2 legal titles, 6000 square feet of property located in the Mission Waterfront Comprehensive planning area .This property includes an older home that's in need of some TLC, a shop in the back with lane access. This is a perfect opportunity for you to gain some equity and makes a great holding property with potential income while you wait for the inevitable development to come to this area.
How this price compares
This lot asks $75 per square foot of lot. That is 7% below the median of $81 across the 105 active lots VanPlex is showing in Mission, and puts it 45 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
- $449,000
- Lot size
- 6,000 sqft
- Lot dimensions
- 50 x 120
- Frontage
- 50 ft
- Bedrooms
- 2
- Bathrooms
- 1
- Year built
- 1955
- MLS® area
- Mission BC
- MLS® number
- R3123446
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Listing data via MLS®. Displayed for information only.