Located in North Vancouver’s coveted Queensbury, this 6,850 sq.ft. flat lot with lane access is a rare find. It aligns perfectly with the new Dec 2025 Ground Oriented Zone (LRN1), allowing for 4 units with a generous 0.85 FSR. The site supports a 3-storey Multiplex development, maximizing ROI under new SSMUH provincial mandates. Beyond development, the property features a charming rancher and a fully renovated detached coach house, ideal for immediate high-yield rental income or multi-generational living. Steps from local cafes and parks, this is a turnkey holding property with massive redevelopment upside. Assessed at $2,244,000 - now priced significantly below for an unbeatable value. Secure this strategic asset while it remains priced well below market value. Act fast.
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Rancher/Bungalow
Ownership:
Freehold NonStrata
Year built:
1944
(Age: 82)
Living Area:
1,474 sq. ft.137 m2
Building Area - Total:
1,474 sq. ft.137 m2
Bedrooms:
3
(Above Grd: 3)
Bathrooms:
2.0
(Full:2/Half:0)
Taxes:
$7,171.54 /
2024
Lot Area:
6,966 sq. ft.647 m2
Lot Frontage:
50'15.2 m
Lot Details:
50 x 139.5
Outdoor Area:
Balcony
Plan:
VAP1063
Construction Materials:
Frame Wood, Mixed (Exterior), Vinyl Siding
No. Floor Levels:
1.0
Floor Area Fin - Above Main:
409 sq. ft.38 m2
Floor Area Fin - Above Main 2:
0 sq. ft.0 m2
Floor Area Fin - Main:
1,065 sq. ft.98.9 m2
Floor Area Fin - Total:
1,474 sq. ft.137 m2
Fireplaces:
1
Fireplace Details:
Gas
# Of Garage Spaces:
1.0
Patio And Porch Features:
Patio, Deck
Parking Features:
Carport Multiple, Garage Single, Front Access, Lane Access
Parking:
Carport Multiple, Garage Single
Parking Total/Covered:
4 / 1
Balcony, Private Yard
Shopping Nearby
1
Window Coverings
Dishwasher, Refrigerator
Washer/Dryer, Dishwasher, Refrigerator, Stove
Window Coverings
Age Restrictions:
No
Home Owners Association:
No
Land Lease:
No
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Electricity:
Yes
Sewer:
Public Sewer, Sanitary Sewer
View of front facade
View of grassy yard
Living room featuring ornamental molding, a tile fireplace, light wood-style flooring, and recessed lighting
Living area featuring a tile fireplace, wood finished floors, and ornamental molding
Dining area with light wood finished floors and lofted ceiling
Kitchen with stainless steel appliances, glass insert cabinets, light stone counters, a breakfast bar, and a peninsula
Kitchen featuring a skylight, stainless steel appliances, a breakfast bar, a peninsula, and light stone countertops
Kitchen featuring a skylight, glass fronted cabinets, light stone counters, open floor plan, and stainless steel appliances
Bedroom featuring access to outside and wood finished floors
View of patio with french doors
View of side of home with an outbuilding and a garage
Data was last updated April 5, 2026 at 12:40 AM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$1,489,000
Min list price:
$649,000
Max list price:
$2,348,000
Avg days on market:
40
Min days on market:
2
Max days on market:
180
Avg price per sq.ft.:
$1,000
These statistics are generated based on the current listing's property type
and located in
Queensbury. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.