7229 Lancaster Place, Vancouver, V5S 3B5

$2,270,000
Active Listed 1 month ago

Details

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Beds
6

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Bath
3

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Kitchens

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Built
1965

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Living Area
3100 SqFt.

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Lot Size
5168 SqFt.

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Frontage

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Depth
104.3 Feet

Description

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!

History

Mortgage



Downpayment
Rental Income
Monthly Mortgage Payment
Effective Monthly Mortgage Payment
Qualification Monthly Payment
Interest Rate
Qualification Interest Rate
Income Required
Qualification Annual Income Required
CMHC Fees
Amortization Period

Mortgages can be confusing. Got Questions? Call us 604-330-3784

Features

ClthWsh/Dryr/Frdg/Stve/DW

Site Influences

Cul-de-Sac

Property Information

MLS® # R2931527
Property Type House
Dwelling Type House/Single Family
Home Style 2 Storey
Kitchens Login to View
Year Built 1965
Parking Garage; Double
Tax $8,863 in 2024
Strata No VAP11489
Postal Code V5S 3B5
Address 7229 Lancaster Place
Subarea Fraserview VE
City Vancouver
Listed By RE/MAX Crest Realty

Floor Area (sq. ft.)

Main Floor 1,660
Basement 1,440
Total 3,100
 

Location

Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
10/01/2024 This Property 6 3 1 $2,270,000 Login to View 51 2 1965 3,100 sqft 5,168 sqft
10/07/2024

2208 Upland Drive

6 5 2 $2,520,000 Login to View 45 3 1993 3,024 sqft 5,040 sqft
09/23/2024

8025 Borden Street

9 4 2 $2,499,000 Login to View 59 4 1959 3,170 sqft 5,635 sqft
09/03/2024

1577 E 58th Avenue

6 2 2 $2,099,000 Login to View 79 2 1953 1,932 sqft 5,111 sqft
09/10/2024

2763 Rosemont Drive

6 2 2 $2,188,000 Login to View 72 2 1965 2,236 sqft 4,869 sqft
Date Address Bed Bath Kitchen Asking Price Sold Price $/Sqft DOM Levels Built Living Area Lot Size
10/18/2024

2659 E 56th Avenue

4 2 2 Login to View Login to View (0.0%) Login to View 2 2 1962 2,451 fds 5,376 fds
10/13/2024

7037 Duff Street

6 4 3 Login to View Login to View (10.1%) Login to View 90 2 2002 2,102 fds 3,696 fds
09/05/2024

2006 Qualicum Drive

6 4 1 Login to View Login to View (-3.4%) Login to View 29 3 1992 3,134 fds 5,198 fds
08/14/2024

1676 E 61st Avenue

4 2 3 Login to View Login to View (0.0%) Login to View 58 2 1950 1,986 fds 5,908 fds
07/06/2024

7788 Thornhill Drive

6 5 1 Login to View Login to View (-4.0%) Login to View 67 3 2006 2,848 fds 4,781 fds
06/09/2024

7257 Nanaimo St

8 7 4 Login to View Login to View (1.2%) Login to View 6 3 2017 3,552 fds 4,224 fds
06/01/2024

8356 Elliott Street

6 3 1 Login to View Login to View (-3.5%) Login to View 2 2 1967 2,478 fds 9,492 fds
05/29/2024

7688 Muirfield Drive

6 8 1 Login to View Login to View (-5.7%) Login to View 50 3 1991 4,693 fds 8,344 fds
05/26/2024

7112 Victoria Drive

5 3 2 Login to View Login to View (-1.1%) Login to View 41 2 1980 2,255 fds 3,633 fds
05/26/2024

8050 Victoria Drive

8 7 4 Login to View Login to View (-2.9%) Login to View 25 3 2003 4,360 fds 7,263 fds
Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
2 days ago

1921 Harrison Drive

5 4 1 $2,328,000 Login to View 3 3 1989 2,986 sqft 4,939 sqft
1 week ago

2262 Newport Avenue

4 4 2 $1,599,000 Login to View 7 3 2024 1,760 sqft N/A
1 week ago

1522 E 58th Avenue

5 2 1 $2,070,000 Login to View 8 2 1953 2,197 sqft 5,117 sqft
1 week ago

2689 Brightwood Place

3 2 1 $2,650,000 Login to View 9 2 1964 2,337 sqft 8,217 sqft
2 weeks ago

2338 Upland Drive

6 5 3 $2,880,000 Login to View 20 3 2001 2,714 sqft 4,523 sqft
3 weeks ago

2218 Upland Drive

8 5 2 $2,788,000 Login to View 23 3 1984 4,457 sqft 5,040 sqft
4 weeks ago

2905 Rosemont Drive

5 4 2 $2,188,000 Login to View 29 3 2024 1,862 sqft N/A
4 weeks ago

7380 Killarney Street

5 4 2 $2,188,000 Login to View 29 3 2024 1,920 sqft 5,074 sqft
1 month ago

1810 E 55th Avenue

5 4 2 $1,888,000 Login to View 31 3 2024 1,846 sqft 5,185 sqft
1 month ago

2857 Rosemont Drive

5 4 2 $1,958,000 Login to View 36 3 2024 1,914 sqft N/A

Frequently Asked Questions About 7229 Lancaster Place

7229 Lancaster Place, Vancouver, V5S 3B5 was built in 1965.
7229 Lancaster Place, Vancouver, V5S 3B5 was listed on 10/01/2024 by RE/MAX Crest Realty.
7229 Lancaster Place, Vancouver, V5S 3B5 does not have an air conditioner.
The lot is 50.63 feet wide.
The lot at 7229 Lancaster Place, Vancouver, V5S 3B5 is 104.3 feet deep.
There are 2 fireplaces at 7229 Lancaster Place, Vancouver, V5S 3B5.
7229 Lancaster Place, Vancouver, V5S 3B5 is located in residential zoning.
7229 Lancaster Place, Vancouver, V5S 3B5 has 6 parking spots.
7229 Lancaster Place, Vancouver, V5S 3B5 comes with a 2 car garage.
7229 Lancaster Place, Vancouver, V5S 3B5 is connected to Electricity,Natural Gas,Sanitary Sewer,Storm Sewer,Water.
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Our Team
Les Twarog
English, Polskie
Estelle Luoma
English
Bal Virk
English, ਪੰਜਾਬੀ
Gerry Kainth
English, ਪੰਜਾਬੀ
Fateh Boparai
English, ਪੰਜਾਬੀ

Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. - The advertising on this website is provided on behalf of the BC Condos & Homes Team - Re/Max Crest Realty, 300 - 1195 W Broadway, Vancouver, BC

Contact: Les Twarog - RE/MAX Crest Realty

Call: 604-706-1760