5 bed
3 bath
3,584 sqft
Single Family Residence
Built in 1980
19,166 sqft lot
10 parking
1 fireplace
Freehold NonStrata
R1-B zone
Public remarks
Prime Multi-family development site. This is an exceptional investment for seasoned developers, builders, and investors seeking a strategically positioned multi-family development site. Designated Residential Medium Density (RM) under the OCP, this site offers multiple high-value development pathways: Option 1: Subdivide and develop nine premium townhome units, maximizing density and market appeal. Option 2: Create two duplexes, each with two laneway homes, catering to the growing demand for versatile urban living. This is a rare opportunity to capitalize on a thriving market with strong growth potential. Secure this site today and unlock its full development value.
Private remarks
*PRIVACY-DO NOT SOLICIT* *PROPERTY CONTAINS UNAUTHORIZED ACCOMMODATIONS* THE HOME IS SOLD 'AS IS' AND 'WHERE IS' (PREVIOUS FIRE- Not habitable). ALL MEASUREMENTS ARE APPROX. BUYER TO VERIFY IF DEEMED IMPORTANT. Measured by BC Assessment. House Measurements not verifiable due to fire. There is a decommissioned Statutory Right of Way on the property but the Seller may remove if Buyer needs for their redevelopment.
Buyer agency compensation
3.22% 1st $100,000 / 1.16% bal
$1,399,000 ($390/sqft)
Active
Listed
02/10/2025
Expiry date
Original price
Gross taxes (2024)
$4,394.15
Property transfer tax
$25,980.00
Last Updated: 03/04/2025 08:27 AM
Courtesy of eXp Realty
| Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| 8742 Broadway Street | R2965075 | 03/04/2025 08:27 AM | 02/10/2025 | Active | $1,399,000 | Login to view | Denise Lo | eXp Realty |
| 8742 Broadway Street | R2946959 | 02/05/2025 06:13 PM | 11/21/2024 | Terminated | $1,499,900 | Login to view | eXp Realty | |
| 8742 Broadway Street | R2915810 | 10/29/2024 03:53 PM | 08/13/2024 | Terminated | $1,499,000 | Login to view | eXp Realty | |
| 8742 Broadway Street | R2894054 | 08/12/2024 01:24 AM | 06/11/2024 | Expired | $1,499,900 | Login to view | eXp Realty | |
| 8742 Broadway Street | R2854724 | 06/07/2024 01:36 PM | 02/29/2024 | Terminated | $1,599,900 | Login to view | RE/MAX Select Properties | |
| 8742 Broadway Street | R2836690 | 03/01/2024 09:39 AM | 12/05/2023 | Terminated | $1,999,800 | Login to view | RE/MAX Select Properties |