Prime redevelopment opportunity in the highly desirable Hastings-Sunrise neighbourhood! Situated on a flat 39' × 99' lot (3,861 sq. ft.) with R1-1 zoning, this 99-year-old home is being sold primarily for land value. An excellent opportunity for builders, developers, or buyers looking to create a custom home in one of East Vancouver’s most sought-after communities. Gorgeous location close to parks, schools, shopping, restaurants, transit, and everyday amenities, with quick and convenient access to downtown Vancouver. Buyers to verify all redevelopment options with the City of Vancouver.
Address
505 N Penticton Street
List Price
$1,574,800
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
Vancouver East
Sub-Area
Hastings Sunrise
Bedrooms
2
Bathrooms
1
Floor Area
2,566 Sq. Ft.
Main Floor Area
1116
Lot Size
3861 Sq. Ft.
Lot Size Dimensions
39 x 99
Lot Size (Acres)
0.09 Ac.
Lot Size Units
Square Feet
Total Building Area
2566
Frontage Length
39
Year Built
1920
MLS® Number
R3167501
Listing Brokerage
Royal LePage West Real Estate Services
Basement Area
Full
Postal Code
V5K 3L7
Zoning
R1-1
Ownership
Freehold NonStrata
Parking
Open, Rear Access
Parking Places (Total)
4
Tax Amount
$7,761.13
Tax Year
2026
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Hot Water
Laundry Features
In Unit
Levels
Two
Number Of Floors In Property
2