Vancouver’s cheapest residential property for sale is nine feet wide

The 9×60-foot lot comes with suggestions for a 425-square-foot tiny house

Article content

It’s got location, you’ve got to give it that at least.

Within walking distance to The Drive, East Vancouver’s “most culturally rich and authentic neighbourhood,” this little property is perhaps most suited to a first-time buyer or an empty-nester. The driveway-width lot apparently has the space required to built a tiny house; indeed, development plans — “not yet approved and not yet rejected” — are included for a 425-square-foot, three-storey, one-bedroom structure. And property tax is under $300 a year on the land.

Listing agent Christian Chiappetta of Sutton Group West told the CBC he’s received five times the number of calls for the $289,000 listing than he would normally receive for a regular property.

“The response has been quite huge,” he said. “There’s a bit of a popular movement for tiny homes… and while, of course it’s not for everyone, it is a quirky curiosity for a lot of folks.”

Article content

The rendering of the potential infill house has it looking quite livable, with plenty of windows to lend some brightness indoors. A decent-size balcony jutting out on the second floor shelters the front door below, while offering a nice perch from which to enjoy a cocktail and watch the neighbourhood go by.

The tiny lot was purchased 10 months ago by a small-home developer for $88,000. BC Assessment had posted its tax value at $4,900, deputy assessor Bryan Murao told CBC, adding that the assessment reflects the low development potential.

He also found that records show that in 1909, four narrow lots at the corner of William Street and Victoria Drive were revamped into two lots plus the tiny lot, leaving that nine-foot space for possible future use as a laneway. Judging from the Google satellite view, that was likely the plan, given that there is a laneway directly south of the lot that goes as far as the shed that sits at the back end of this long, narrow property (the shed is not included in the price).

The red pin marks the property’s location just two blocks east of popular Commercial Drive.
The red pin marks the property’s location just two blocks east of popular Commercial Drive. Photo by Google Maps

The property is just two blocks from Commercial Drive — which has become one of Vancouver’s “best and most colourful shopping, dining and nightlife districts,” according to TourismVancouver — dozens of cafés, restaurants, shops and more line the street. In fact, over 300 distinct merchants, including the stretch of Little Italy, are within a few minutes’ walk.

Good to know, in case you start feeling cramped in your 400-sq.-ft. digs, that there would be plenty of places to escape to.

Checkout latest world news below links :
World News || Latest News || U.S. News

Source link

Back to top button
SoundCloud To Mp3