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!
| Address | 7229 LANCASTER PLACE |
| List Price | $2,270,000 |
| Property Type | Residential Detached |
| Type of Dwelling | House/Single Family |
| Style of Home | 2 Storey |
| Area | Vancouver East |
| Sub-Area | Fraserview VE |
| Bedrooms | 6 |
| Bathrooms | 3 |
| Floor Area | 3,100 Sq. Ft. |
| Lot Size | 5168 Sq. Ft. |
| Year Built | 1965 |
| MLS® Number | R2931527 |
| Listing Brokerage | RE/MAX Crest Realty |
| Basement Area | Fully Finished |
| Postal Code | V5S 3B5 |
| Zoning | RES |
| Tax Amount | $8,863 |
| Tax Year | 2024 |
| Site Influences | Cul-de-Sac |
| Features | ClthWsh/Dryr/Frdg/Stve/DW |
| Amenities | None |
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