I just sold this large property high on the hill near 22nd and Carolina in Vancouver. This property was a hot commodity that led to multiple offers and sold over the asking price of $959,000 one day after the first showing. Just 4 blocks off high demand Main Street, this home has a great view and the property offers great potential for building up to a 750 square foot laneway house (the maximum size permitted in Vancouver) with great views downtown and to the West. The oversize lot is 49.5×122 which makes it 50% larger than a standard 33×122 lot.
The buyer plans to renovate this great Vancouver Special and modernize it at the same time. A laneway house may someday occupy the rear portion of this lot. A couple of local companies at the forefront of laneway house design are Lanefab and Smallworks. Here is a great lanehouse recently designed and built by Lanefab: