7229 Lancaster Place, Vancouver, BC V5S 3B5

$2,270,000
6
BD
3
BA
3,100
SqFt
List Price
$2,270,000
Status
ACTIVE
MLS® #
R2931527
Days on Market
11
Year Built
1965
Dwelling Type
House/Single Family
Style
2 Storey
Stories
2
Bedrooms
6
Total baths
3
Half baths
1
Living Area
3,100
Area
Vancouver East
Community
Fraserview VE

Property Description

Welcome to this well-maintained income property, boasting a solid rental history and a unique 7-room layout. Ideal for investors or those seeking the opportunity to live in one unit while renting out others. With the current zoning regulations, this property offers the potential to be redeveloped into 5 separate units, making it an outstanding opportunity for builders or investors alike. Conveniently located near Champlain Square shopping district, schools, parks, and public transportation, this property is perfectly positioned for both living and investment. Don’t miss out on this golden opportunity to invest in a rapidly growing neighborhood!

Additional Information

Lot Size
5,167
Amenities
None
Site Influences
Cul-de-Sac
Acres
0.12
Fireplaces
2
Basement Description
Fully Finished
Features
ClthWsh/Dryr/Frdg/Stve/DW
Region
Vancouver East
Title To Land
Freehold NonStrata
Gross Taxes
8863.15
Tax Year
2024
Frontage
50
Depth
104

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX Crest Realty

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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.