Outstanding investment and development opportunity on a prime CORNER lot in central Vancouver. Ideal for a duplex, laneway home, full renovation, or a custom build with mountain and city views. The home offers 2 bedrooms on the main level with potential for a 3rd bedroom, plus a 2-bedroom mortgage helper with separate entry. A detached workshop (19'5 x 11'2) with electricity provides excellent storage or can be converted into a single-car garage. Home requires cosmetic updates. Located on a quiet, parking-friendly street with a wide back lane. Just a 5-minute walk to Kensington Park & Community Centre, and transit. Quick access to Knight Street, Hwy 99, Downtown and Richmond. Schools, shops, and daily amenities are all within walking distance.
Address
5121 Inverness Street
List Price
$1,468,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
Vancouver East
Sub-Area
Knight
Bedrooms
4
Bathrooms
2
Floor Area
2,090 Sq. Ft.
Main Floor Area
1090
Lot Size
3900 Sq. Ft.
Lot Size Dimensions
39 x 100
Lot Size (Acres)
0.09 Ac.
Lot Features
Central Location, Lane Access
Lot Size Units
Square Feet
Total Building Area
2090
Frontage Length
39
Year Built
1951
MLS® Number
R3132982
Listing Brokerage
Royal LePage - Wolstencroft
Basement Area
Finished
Postal Code
V5W 3N9
Zoning
R1-1
Ownership
Freehold NonStrata
Parking
Additional Parking, Open
Tax Amount
$7,869.96
Tax Year
2025
Site Influences
Central Location, Lane Access, Private Yard, Shopping Nearby
Community Features
Shopping Nearby
Exterior Features
Private Yard
Appliances
Washer, Refrigerator, Stove
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Baseboard
Fireplace
Yes
Fireplace Features
Wood Burning
Number of Fireplaces
1
Other Structures
Workshop Detached
Levels
Two
Number Of Floors In Property
2
View
Yes
View Type
Mountain