Exceptional 40 x 122 lot in prime East Vancouver location, just steps to Trout Lake. Situated on a quiet street, this property features both a side lane and rear lane—offering rare access and outstanding development flexibility. Ideal for builders and investors looking to capitalize on multiplex and missing middle housing opportunities under evolving zoning policies. The unique configuration allows for efficient design, parking, and potential maximization of buildable space. Surrounded by new developments and strong resale demand, this is a prime redevelopment or holding property. Walk to parks, schools, transit, and Commercial Drive amenities. Rare opportunity in a highly desirable neighbourhood.
Aerial perspective of a neighborhood featuring diverse architectural styles and mature landscaping
Aerial perspective showcasing a residential property with a light blue outline, indicating the lot boundaries
Contemporary four-story building featuring multiple balconies, a rooftop deck, a private fenced yard, and a corner lot location
Residential street featuring two properties with shingle roofs and established landscaping
Aerial perspective showcasing a residential neighborhood with a prominent lake and parkland
Expansive urban landscape featuring a prominent cityscape, a large body of water surrounded by parkland, residential areas with varied rooflines, and distant snow-capped mountains
Corner lot property featuring a single-story residence with a dark roof, surrounded by mature trees
Residential neighborhood featuring a mix of single-family homes with diverse architectural styles, mature trees, and a bordering green space
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Image quality insufficient for description
Aerial perspective showcasing a residential street with multiple properties
Aerial perspective of a residential street with diverse architectural styles
Aerial perspective showcasing a residential area with varied rooflines and abundant mature trees
Neighborhood setting featuring abundant mature trees and distant snow-capped mountains under a clear sky
Listed by Sutton Group - Supreme Realty Corporation
Data was last updated May 7, 2026 at 04:10 AM (UTC)
Area Statistics
Listings on market:
166
Avg list price:
$1,498,500
Min list price:
$415,500
Max list price:
$5,400,000
Avg days on market:
30
Min days on market:
1
Max days on market:
757
Avg price per sq.ft.:
$1,062.19
These statistics are generated based on the current listing's property type
and located in
Grandview Woodland. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.