3 bed
2 bath
2,542 sqft
Single Family Residence
12,022 sqft lot
4 parking
1 fireplace
Freehold NonStrata
RS1 zone
Public remarks
Attention Developers and Investors! This 12,000 sqft lot is connected to city sewer and water, Zoned for low rise multi-unit residential buildings of 3-6 storeys with a 1.4 - 2.1 FAR. Potential for a Seniors' Care Facility. Buyer must verify all information. This rare find is located on a quiet street with lots of character. The beautiful rancher features hardwood floors, updated windows, a loft, and a basement. The 80x150 lot boasts a large south exposed yard with a $15,000 outdoor living area, 1000 sf patio, and a 16x16 pavilion. Additionally, there is a 700 sf workshop on the property. There are no creeks or easements on the lot. Conveniently located within walking distance to shopping, restaurants, doctors, schools, parks, Newlands Golf & Country Club, and natural trails.
Private remarks
OCP Low rise multi-unit residential, 3-6 stories, 1.4 – 2.1 FAR. POTENTIAL 4 to 6 UNITS NOW w/new legislation. Buyer to verify. Neighbouring properties have considered re-zoning to CD59 which would allow for Senior's living care facility. Check with city for details. Info & Measurements by Cotala, city, BC assessment & BC Gov. Information and measurements should not be relied upon with out independent verification.
Buyer agency compensation
3.22% on the 1st $100,000 and 1.15% on the balance over $100,000
$1,498,800 ($589/sqft)
Active
Listed
05/30/2025
Expiry date
Original price
Gross taxes (2024)
$6,102.70
Property transfer tax
$27,976.00
Last Updated: 05/31/2025 12:20 AM
Courtesy of Royal LePage Global Force Realty
| Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| 20994 Old Yale Road | R3009414 | 05/31/2025 12:20 AM | 05/30/2025 | Active | $1,498,800 | Login to view | Mani S Sandhu - PREC | Royal LePage Global Force Realty |
| 20994 Old Yale Road | R2971865 | 05/30/2025 02:34 PM | 02/28/2025 | Terminated | $1,798,800 | Login to view | Royal LePage Global Force Realty | |
| 20994 Old Yale Road | R2871841 | 04/25/2024 12:57 PM | 04/16/2024 | Closed | $1,398,800 | Login to view | Royal LePage - Wolstencroft | |
| 20994 Old Yale Road | R2838555 | 04/16/2024 04:29 PM | 01/01/2024 | Terminated | $1,668,800 | Login to view | Royal LePage - Wolstencroft | |
| 20994 Old Yale Road | R2802326 | 01/01/2024 12:52 AM | 07/27/2023 | Expired | $1,668,800 | Login to view | Royal LePage - Wolstencroft |