5 bed
3 bath
2,415 sqft
Single Family Residence
Built in 1973
7,969 sqft lot
4 parking
2 fireplaces
Freehold NonStrata
RSM/L zone
Public remarks
Outstanding Redevelopment Potential - Situated on a level 7,969 Sq. Ft lot with RSM/L zoning, this spacious basement-entry home offers exceptional redevelopment opportunities. Recent changes to density regulations now allow for up to four dwelling units on the property, making it an ideal candidate for multi-family development. The existing home features a functional 3-bedroom layout upstairs and a 1-bedroom suite below, providing immediate rental income potential. While the interior needs TLC, the home is entirely livable, offering a great holding property as you plan your next steps in this high-demand area.
Private remarks
Measurements are approximate & to be verified by buyer. This listing is with a team & disclosure of that Team to your buyer(s) is required, please use attached addendum. Buyers aware that 2,415sf is from the floor plan by Keyplan. Rent $560 upstairs & $1250 downstairs.
Buyer agency compensation
3.22% on the first $100,000 & 1.15% on the balance
$1,650,000 ($683/sqft)
Active
Listed
05/05/2025
Expiry date
Original price
Gross taxes (2024)
$5,085.87
Property transfer tax
$31,000.00
Last Updated: 05/09/2025 10:38 AM
Courtesy of RE/MAX Westcoast
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
11820 King Road | R3000579 | 05/09/2025 10:38 AM | 05/05/2025 | Active | $1,650,000 | Login to view | Shafik Ladha PREC* | RE/MAX Westcoast |