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:
Two Levels
Year built:
1921
(Age: 104)
Living Area:
2,238 sq. ft.208 m2
Building Area - Total:
2,238 sq. ft.208 m2
Levels:
Two
Bedrooms:
5
(Above Grd: 3)
Bathrooms:
3.0
(Full:3/Half:0)
Taxes:
$8,747.75 /
2024
Lot Area:
6,000 sq. ft.557 m2
Lot Frontage:
50'15.2 m
Lot Details:
50 x 120
Outdoor Area:
Balcony
Plan:
VAP1295
Construction Materials:
Frame Wood, Stucco
Property Condition:
Renovation Partly
No. Floor Levels:
2.0
Floor Area Fin - Above Main:
432 sq. ft.40.1 m2
Floor Area Fin - Above Main 2:
0 sq. ft.0 m2
Floor Area Fin - Main:
936 sq. ft.87 m2
Floor Area Fin - Total:
2,238 sq. ft.208 m2
Fireplaces:
1
Fireplace Details:
Gas
# Of Garage Spaces:
1.0
Parking Features:
Garage Single, Front Access, Concrete
Parking:
Garage Single
Parking Total/Covered:
2 / 1
Driveway:
Concrete Parking
Title to Land:
Freehold NonStrata
Balcony
Shopping Nearby
1
Dishwasher, Refrigerator, Cooktop
Washer/Dryer, Dishwasher, Refrigerator, Cooktop
Age Restrictions:
No
Tax Utilities Included:
false
Home Owners Association:
No
Land Lease:
No
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Electricity:
Yes
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Photo 1 of 3
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 May 10, 2025 at 10:35 PM (UTC)
Area Statistics
Listings on market:
71
Avg list price:
$1,548,000
Min list price:
$439,900
Max list price:
$9,741,000
Avg days on market:
38
Min days on market:
1
Max days on market:
614
Avg price per sq.ft.:
$1,001.47
These statistics are generated based on the current listing's property type
and located in
Victoria VE. Average values are
derived using median calculations.