5 bed
4 bath
3,506 sqft
Single Family Residence
Built in 1988
12,126 sqft lot
4 parking
1 fireplace
Freehold NonStrata
RS3 zone
Public remarks
Development Potential in sought-after Oxford Heights! Rare opportunity on a 12,000+ sq ft lot w/dual street frontages on Apel Dr + Toronto St. This unique property offers outstanding development potential: Possibility for subdivision of 2 -3 lots. Bill 44 stipulates 4 units on each lot (ie 1 duplex + 2 suites/lot). Refer to site surveys/Buyer to verify. The home has 5 beds, 4 baths w/3,506 sq ft of living space. Soaring vaulted ceilings in dining and living + double-sided fireplace. The kitchen is spacious w/granite counters and seamlessly connects to an eating area. Step out to a private outdoor patio. Up are 4 beds + balcony. Lower has suite + lrg rec room w/separate entry. Fully fenced, serene private, large lot! Incredible investment opportunity w/options to hold, build or subdivide.
Private remarks
PRIVACY ~ DO NOT SOLICIT. Measurements by Keyplan - buyer to verify. BC Assessment Measures 3,174 SqFt. Lot size taken from BC Assessment. Irregular lot shape. Depth taken from longest side. Basement suite is tenanted on mo/mo. Offers to be emailed to [email protected] w/Team Disclosure + MLD. Subdivision potential with rezoning to RS2 based on its Residential OCP designation - buyer to do their own due diligence. Site surveys in documents. Private Showings Only.
Buyer agency compensation
3.2% on the first $100,000 and 1.15% on the balance + gst
$2,499,000 ($712/sqft)
Active
Listed
05/30/2025
Expiry date
Original price
Gross taxes (2023)
$5,549.65
Property transfer tax
$52,970.00
Last Updated: 06/05/2025 11:29 PM
Courtesy of Royal LePage Elite West
| Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| 1438 Apel Drive | R3009283 | 06/05/2025 11:29 PM | 05/30/2025 | Active | $2,499,000 | Login to view | Krista Lapp PREC* | Royal LePage Elite West |