Lumby · V0E2G0
$3,831/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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Unlock the full potential of this exceptional 1.53-acre development property located in the heart of the welcoming and vibrant community of Lumby. Designated R-3 zoning, the owner has plans for a seven duplex lot (14 units) + one single-family lot subdivision. The zoning allows for multi-family developments, row housing, fourplexes, triplexes, duplexes, and single-family dwellings, providing flexibility to align with your vision and investment goals. With full city services available, development is made more straightforward and cost-efficient. A standout feature of this parcel is its frontage on three separate streets, offering excellent access points and enhanced design possibilities for subdivision or multi-unit layouts. This unique characteristic opens the door to creative site planning and maximized density potential. The owner has dedicated significant funds and effort towards progressing towards subdivision, with a buyer able to benefit from such work. Located in a growing, community-oriented area, this property represents a rare opportunity to invest in land with both immediate usability and long-term upside. This property is perfectly positioned to take advantage of beautiful surrounding views, adding long-term appeal for future homeowners or tenants. Whether you’re envisioning a thoughtfully designed multi-unit project or a spacious residential retreat, this property delivers flexibility, location, and future potential. The owner is open to discussing a joint venture or a build-out of the community with a builder partner.
Vacant Land
Type
Lumby Valley
Area
Listed
May 4, 2026
Nearby & Commute
13 min
walk to Super A Foods
4h 5m
bike to Orchard Park Exchange
13h 37m
walk to Orchard Park Exchange
12h 38m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 53%
| Detached | 31 | 53.4% |
| Land | 22 | 37.9% |
| Duplex | 2 | 3.4% |
| Other | 2 | 3.4% |
| Townhouse | 1 | 1.7% |
| $15,000 to $19,999 | 5 | 1.4% |
| $20,000 to $24,999 | 10 | 2.7% |
| $25,000 to $29,999 | 10 | 2.7% |
| $30,000 to $34,999 | 15 | 4.1% |
| $35,000 to $39,999 | 15 | 4.1% |
| $40,000 to $44,999 | 20 | 5.5% |
| $45,000 to $49,999 | 5 | 1.4% |
| $50,000 to $59,999 | 15 | 4.1% |
| $60,000 to $69,999 | 25 | 6.8% |
| $70,000 to $79,999 | 30 | 8.2% |
| $80,000 to $89,999 | 25 | 6.8% |
| $90,000 to $99,999 | 30 | 8.2% |
| $100,000 to $124,999 | 60 | 16.4% |
| $125,000 to $149,999 | 40 | 11.0% |
| $150,000 to $199,999 | 45 | 12.3% |
| $200,000 and over | 15 | 4.1% |
Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$3,831
Principal and interest
Calculated estimate
$3,465
Property tax
Calculated estimate
$217/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$749,000
Down payment
Calculated estimate
$149,800 (20%)
Estimated mortgage
Calculated estimate
$599,200
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$3,831
/mo
Rate
%
Amortization
Principal and interest
$3,465
Property tax (est.)
$217
P&I
Tax
Down payment
$149,800 (20%)
Get Pre-Approved
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $149,800 down (20%) on $749,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
At 6.3118 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
