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.
Data was last updated April 4, 2026 at 08:40 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.