6 bed
3 bath
2,036 sqft
Single Family Residence
Built in 1951
3,597 sqft lot
2 parking
Freehold NonStrata
R1-1 zone
Public remarks
Investor, Builder, Up-sizer alert! This home in East Vancouver offers exceptional rental income and great redevelopment potential. Featuring a south-facing backyard, the property has potential for additional laneway house or multi-unit redevelopment. The upper level has three bedrooms and 1.5 bathrooms. The lower level features a separate three-bedroom rental suite, providing excellent income potential. With functional layouts on both floors, this home is ideal for investors or multi-generational families. Located in a high-demand area, this property is close to transit, schools, parks, and shopping, making it a valuable long-term investment. Don’t miss out on this rare opportunity to own a versatile income-generating home with future development options!
Private remarks
Property to be sold "as is where is". All measurements from REV Studio, should be verified by the Buyer.
Buyer agency compensation
3.255% of the first $100,000 and 1.1625% of the balance
$1,498,000 ($735/sqft)
Active
Listed
03/06/2025
Expiry date
Original price
Gross taxes (2024)
$6,975.11
Property transfer tax
$27,960.00
Last Updated: 06/08/2025 11:45 PM
Courtesy of Sutton Centre Realty
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
986 57th Avenue | R2974564 | 06/08/2025 11:45 PM | 03/06/2025 | Active | $1,498,000 | Login to view | Justin Deng PREC* | Sutton Centre Realty |