EXCEPTIONAL DEVELOPMENT OPPORTUNITY! A unique combination of development potential and immediate rental/living options. 5 townhomes are approved, with Development Permit (DP) drawings available for review. The property also features a recently updated 5-bedroom, 3-bathroom home with a basement suite, providing an excellent option for a buyer who wants to live in the property, generate rental income, or hold the property while planning the approved development. An attractive opportunity for builders, investors, or homeowners looking for future development potential with existing accommodation.
Address
5517 18th Avenue
List Price
$1,799,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
Tsawwassen
Sub-Area
Cliff Drive
Bedrooms
4
Bathrooms
3
Floor Area
2,412 Sq. Ft.
Main Floor Area
1390
Lot Size
8278 Sq. Ft.
Lot Size Dimensions
77 x 107
Lot Size (Acres)
0.19 Ac.
Lot Features
Central Location
Lot Size Units
Square Feet
Total Building Area
2412
Frontage Length
77
Year Built
1973
MLS® Number
R3171050
Listing Brokerage
LPT Realty ULC
Basement Area
Full, Finished, Exterior Entry
Postal Code
V4M 2J1
Zoning
RS1
Ownership
Freehold NonStrata
Parking
Tandem, Front Access, Asphalt
Parking Places (Total)
8
Tax Amount
$5,719.64
Tax Year
2026
Site Influences
Balcony, Central Location, Shopping Nearby
Community Features
Shopping Nearby
Exterior Features
Balcony
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Forced Air
Fireplace
Yes
Fireplace Features
Wood Burning
Number of Fireplaces
2
Garage
Yes
Garage Spaces
2
Levels
Two
Number Of Floors In Property
2
View
Yes
View Type
farmland and mountains