This home move in ready, with a legal suite, offering great rental income now with massive long-term potential, as the zoning allows 8 stories within this transit area. Fantastic opportunity to invest or buy to live in a friendly, family-oriented neighborhood! Located just a short 5-minute walk to the Joyce-Collingwood station, it offers quick commuting and immediate access to diverse shops, restaurants, and amenities. The property has been well-maintained with a newer roof, newer windows, brand-new stairs, and a private, shaded backyard with a garden. A perfect choice for buyers looking for immediate cash flow, a future home or both.
Address
1 - 4967 Spencer Street
List Price
$1,299,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
Rancher/Bungalow w/Bsmt.
Structure Type
Residential Detached
Transaction Type
Sale
Area
Vancouver East
Sub-Area
Collingwood VE
Bedrooms
5
Bathrooms
2
Floor Area
1,910 Sq. Ft.
Main Floor Area
948
Lot Size
3267 Sq. Ft.
Lot Size Dimensions
33 x 99
Lot Size (Acres)
0.08 Ac.
Lot Features
Central Location, Private
Lot Size Units
Square Feet
Total Building Area
1910
Frontage Length
33
Year Built
1956
MLS® Number
R3127035
Listing Brokerage
Sutton Group-West Coast Realty
Basement Area
Full, Finished, Exterior Entry
Postal Code
V5R 3Z9
Zoning
RS-1
Ownership
Freehold NonStrata
Parking
Other, Front Access
Parking Places (Total)
2
Tax Amount
$7,925.57
Tax Year
2025
Site Influences
Central Location, No Outdoor Area, Private, Private Yard
Exterior Features
No Outdoor Area, Private Yard
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Forced Air, Natural Gas
Fireplace
Yes
Fireplace Features
Other
Number of Fireplaces
1
Number Of Floors In Property
2