About 7229 Lancaster Place
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!
Features of 7229 Lancaster Place
| MLS® # | R2931527 |
|---|---|
| Price | $2,270,000 |
| Bedrooms | 6 |
| Bathrooms | 3.00 |
| Full Baths | 2 |
| Half Baths | 1 |
| Square Footage | 3,100 |
| Acres | 0.12 |
| Year Built | 1965 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Closed |
| Title To Land | Freehold NonStrata |
Community Information
| Address | 7229 Lancaster Place |
|---|---|
| Area | Vancouver East |
| Subdivision | Fraserview VE |
| City | Vancouver |
| Province | BC |
| Postal Code | V5S 3B5 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Parking | Garage Double, Asphalt |
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Washer/Dryer, Dishwasher, Refrigerator, Stove |
|---|---|
| Heating | Forced Air |
| Fireplace | Yes |
| # of Fireplaces | 2 |
| Fireplaces | Electric, Wood Burning |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior Features | Balcony |
|---|---|
| Lot Description | Cul-De-Sac |
| Construction | Frame Wood, Mixed (Exterior) |
Additional Information
| Site influences | Cul-De-Sac |
|---|---|
| Taxes | $8,863.15 |
| Area | 5,167.68 Sq. Ft. |
| Frontage | 50.63 |
| Depth | 50.63 x 104.36 |
| Sold Date | January 10th, 2025 |
| Sold Price | $2,000,000.00 |
Listing Details
| Office | RE/MAX Crest Realty |
|---|