Rare investment opportunity to acquire 7 lots (37,415 SF) with a further possibility to obtain 2 vacant city lots (12,565 SF) totaling almost 50,000 SF (49,980 SF) and 1.15 acres. This T.O.D. ( Transit Oriented Development) is approximately within the city's 200 meter requirement for a higher density development of a potential 30 storey and 5.0 FSR development. This development site is a short walk to the Nanaimo Street Skytrain station, and only a 12 minute train ride commute to downtown as well as a breathtaking 360 degree Panoramic city and mountain views. Land assembly includes 2219, 2231, 2235, 2249 E. 24th as well as 2246 & 2256 Vaness Avenue
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
One and One Half Levels
Ownership:
Freehold NonStrata
Year built:
1942
(Age: 83)
Living Area:
1,350 sq. ft.125 m2
Floor Area - Unfinished:
0 sq. ft.0 m2
Building Area - Total:
1,350 sq. ft.125 m2
Levels:
One and One Half
Bedrooms:
5
(Above Grd: 3)
Bathrooms:
3.0
(Full:3/Half:0)
Kitchens:
3
Rooms:
11
Taxes:
$7,525.96 /
2024
Lot Area:
5,000 sq. ft.465 m2
Lot Frontage:
50'15.2 m
Lot Details:
50 x 100
Rear Yard Exposure:
North
Outdoor Area:
Fenced
Water Supply:
Public
Plan:
VAP1295
Construction Materials:
Frame Wood, Stucco
Foundation:
Concrete Perimeter
Basement:
None
Roof:
Asphalt
Floor Finish:
Mixed
Floor Area Fin - Above Grade:
1,350 sq. ft.125 m2
Floor Area Fin - Above Main:
450 sq. ft.41.8 m2
Floor Area Fin - Above Main 2:
0 sq. ft.0 m2
Floor Area Fin - Main:
900 sq. ft.83.6 m2
Floor Area Fin - Below Main:
0 sq. ft.0 m2
Floor Area Fin - Below Grade:
0 sq. ft.0 m2
Floor Area Fin - Basement:
0 sq. ft.0 m2
Floor Area Fin - Total:
1,350 sq. ft.125 m2
Heating:
Forced Air, Natural Gas
Parking Features:
Other, Front Access
Parking:
Other
# Of Parking Spaces - Total:
3
# Of Covered Spaces:
0.0
Parking Total/Covered:
3 / 0
Private Yard
Private Yard, Central Location, Recreation Nearby, Shopping Nearby
Laundry In Unit
Shopping Nearby
1
Dishwasher, Refrigerator, Laundry In Unit
Washer/Dryer, Dishwasher, Refrigerator, Stove
In Unit
LOT 27, BLOCK 1, PLAN VAP1295, DISTRICT LOT 741, NEW WESTMINSTER LAND DISTRICT, & BLKS 2 TO N PT OF 4
Floor
Type
Size
Other
Main
Kitchen
13'9"4.19 m × 13'2"4.01 m
-
Main
Living Room
16'7"5.05 m × 13'5"4.09 m
-
Main
Bedroom
12'1"3.68 m × 12'3.66 m
-
Main
Bedroom
12'1"3.68 m × 8'10"2.69 m
-
Above
Primary Bedroom
12'3.66 m × 11'6"3.51 m
-
Above
Kitchen
10'3.05 m × 10'3.05 m
-
Above
Living Room
14'4.27 m × 13'3.96 m
-
Bsmt
Kitchen
12'9"3.89 m × 12'5"3.78 m
-
Bsmt
Living Room
16'5"5.00 m × 12'9"3.89 m
-
Bsmt
Bedroom
13'9"4.19 m × 9'7"2.92 m
-
Bsmt
Bedroom
14'4.27 m × 13'9"4.19 m
-
Floor
Ensuite
Pieces
Other
Main
No
4
Above
No
4
Basement
No
4
Age Restrictions:
No
Tax Utilities Included:
false
Dist to Public Trans:
2 blocks
Dist to School Bus:
1/2 block
Property Disclosure:
No
Fixtures Leased:
No
Home Owners Association:
No
Original Price:
$3,247,000
Land Lease:
No
Zoning:
R1-1
Utilities:
Electricity Connected, Natural Gas Connected
Electricity:
Yes
Fencing:
Fenced
Sewer:
Public Sewer
.
Potential to add 2 city owned properties adjacent to the land assembly.
Panoramic view from approx. 200 ft above street level.
Data was last updated October 3, 2025 at 06:40 PM (UTC)
Area Statistics
Listings on market:
72
Avg list price:
$1,485,000
Min list price:
$429,000
Max list price:
$9,741,000
Avg days on market:
31
Min days on market:
2
Max days on market:
333
Avg price per sq.ft.:
$960.79
These statistics are generated based on the current listing's property type
and located in
Victoria VE. Average values are
derived using median calculations. This data is not produced by the MLS® system.
