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Old Posted Aug 26, 2020, 1:16 AM
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Changing City Changing City is offline
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Quote:
Originally Posted by MIPS View Post
Vancouver real estate: backyard or laneway house in Kitsilano sold for $1,850,000

Wasn't the plan for laneway houses to increase density while introducing lower cost residences? Also, is it really a laneway house if it's 1500 square feet? That's pretty damn big.
That's not a typical laneway house - it's in the small RT-8 zoned area of Kitsilano that allows strata splitting of the lot. That's also why it's so large. There are other similar areas of Mount Pleasant that allow the same sort of development. The vast majority of laneway homes are in RS zones and can't be sold - they're rental only and remain part of the same ownership as the main house.
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