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Vancouver real estate: home torn down after $1.8 million flip, duplex built on same lot and sold over $4 million


by Carlito Pablo on April 25th, 2021 at 9:49 AM
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The City of Vancouver cites affordability as reason for allowing more homes in low-density neighbourhoods.
This was the case in 2018, when the Vision Vancouver administration, in one of its last actions in office, permitted duplexes in most areas zoned for single-family homes.
The succeeding council led by newly elected Mayor Kennedy Stewart affirmed the policy in the same year.
The property at 2884 Yale Street is an example of a single-family home that was turned into a duplex.
Whether the redevelopment resulted in greater affordability is a question that one might want to ponder. ....

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