Developer & Investor Alert in Idylwylde! Rare shovel-ready opportunity on a prime 50'x121' 6,050sqft (15.2m x 36.6m 557sqm) lot on a beautiful tree-lined street. The old home is demolished a development permit is already CITY APPROVED for an incredible legal 4plex (duplex with suites). The approved plans feature two massive units: one side ~1,700 sqft and the other ~1,800 sqft. Each side boasts 3 bdrms and 2.5 baths above grade, PLUS a separate 2-bdrm basement suite on both sides—offering massive rental income potential! A 4-car garage completes the backyard.Building permits can be issued in ~45-90 days, allowing for a late 2026 or early 2027 construction start. Pre-construction work to date has been handled by a local infill specialist, Skyward Homes, who can stay on to build or seamlessly hand over the project. Don't like the layout? Blueprints and permits can still be changed to suit your vision. Amazing location close to schools, shopping, transit, and downtown! See additional photos for duplex plans.
Data was last updated November 7, 2026 at 01:30 AM (UTC)
Area Statistics
Listings on market:
80
Avg list price:
$526,450
Min list price:
$299,500
Max list price:
$4,850,000
Avg days in system:
45
Min days in system:
1
Max days in system:
225
Avg price per sq.ft.:
$447.78
These statistics are generated based on the current listing's property type
and located in
Zone 18. Average values are
derived using median calculations. This data is not produced by
The Association's MLS® System.