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An actual $3.9M junk heap is on the market in Vancouver

Home reduced to rubble after three-alarm fire, but lot retains value
2573-w3rd-ave-vancouver
2573 West 3rd Avenue, Vancouver, is for sale for $3.99 million. Listing agent: Hunt Tse

One of Vancouver’s latest eyebrow-raising big-ticket real estate listings isn’t even about the house. That’s because it’s not even a teardown: the teardown has already happened and it’s a pile of debris that’s  in Kitsilano.

The home at 2573 West 3rd Avenue has been reduced to a heap of junk, thanks to a December 22, 2017  on the premises. No one was injured. It’s possible those living there were renters, as  noted that the “registered owner on the land title is a numbered company.”

Before it was fully engulfed in flames and a total write-off, the 1912-built home had eight bedrooms and five bathrooms, .

The 50- by 120-foot lot was assessed at $3,713,000 as of July 1, 2017, including with a structure on the property. In November 2016 the property sold for $3,000,000.

But while the flames are long out at this address, the market remains hot, and it’s now listed at over $200,000 more, with 0 bedrooms and 0 baths.

Of course, you have to have your eyes on the property’s potential: “Very rare development opportunity to custom build your next dream home in the desired Kitsilano area! Zoned RT-8 allows for build of multiple dwelling.”

The listing agent is Hunt Tse at , if you’re feeling very ambitious.

 

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