The cabin is tucked away in the back of its own lot in East Vancouver.
There is no bigger house in front of this hostel which is 444 square feet.
The little house at 1280 East 33dr Avenue contains a bedroom, a living room that doubles as a dining room, a kitchen, and a bathroom.
It was built in 1944 and there is a possibility that it will be replaced by a new development.
This is because the cabin recently sold for $1,550,000.
The property listing noted that the site presents a “great opportunity to build a duplex in a fabulous location.”
The Straight reached out to the listing agent for more details on this Vancouver real estate and will update this story when more information becomes available.
The sale price equates to $3,491 per square foot of the existing tiny house.
An interesting thing about this sale is that 1280 East 33dr Avenue made more money than the property next door to the west last year.
On May 11, 2021, the property at 1260 East 33dr Avenue sold for $1,325,000.
The house on this neighboring site is 1,630 square feet, which is three to four times the size of the one at 1280 East 33dr Avenue.
The two houses are located on 33 foot lots.
The Straight asked veteran Vancouver real estate agent David Hutchinson what he thinks of the two properties.
“Even though one house is larger than the other, single-family home sales are mostly based on land value,” Hutchinson said.
Hutchinson noted that the assessed values of both properties are nearly the same.
Property at 1280 East 33dr Avenue has a 2022 assessment of $1,420,900.
That’s $1,412,000 for the 33-foot-by-118.5-foot lot and $8,900 for the cabin.
Property at 1260 East 33dr it has a 2022 assessment of $1,469,000.
This breaks down into $1,409,000 for the 33 foot by 117.7 foot lot and $60,000 for the basement ranch.
“What a difference a year makes: The smaller house sold at a higher price because the market had gone up quite a bit,” Hutchinson said.
The Sutton Group-West Coast Realty also noted that 1280 East 33dr Avenue is the smallest single-family home he has come across in Vancouver.
“I don’t know the full history of the 78-year-old house, and whether it was always this way or whether the structure in front of the property was removed at some point,” Hutchinson said.
“But in any case,” the realtor continued, “it’s absolutely unbelievable that a single-family home like this exists in the city.”
Another interesting thing is that 1280 East 33dr Avenue was sold the same day as the property on its east side, 1294 East 33dr Avenue on March 29, 2022.
Property at 1294 East 33dr Avenue has a 33-foot-by-118-foot lot and a 2,443-square-foot home with three bedrooms and two bathrooms.
This particular property in Vancouver sold for $1,750,000.
Your 2022 assessment is $1,454,100, which is comparable to 1280 East 33dr 1260 East 33rd Avenuedr Avenue.
It’s also interesting to note that, according to tracking by real estate site Zealty.ca, the sellers of all three properties have a listing agency, Stilhavn Real Estate Services.
Here’s an aerial look at these properties.