1 8581 JELLICOE STREET

Vancouver, British Columbia · Neighbourhood: South Marine

Local Decision Guide

How should buyers evaluate 1 8581 JELLICOE STREET?

Start by reading this listing in its Vancouver South Marine context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

Vancouver listings should separate R1-1, RS, RT, laneway house and multiplex rules during review. R1-1 is an important low-density housing reform signal, but heritage, trees, underground servicing, parking, corner-lot conditions and existing building condition can all change the practical outcome.

Vancouver R1-1 / RS / RT / laneway quick checklist
  • Confirm whether zoning is R1-1, RS, RT or another district.
  • Review laneway house, multiplex, heritage, tree, parking and servicing rules separately.
  • Do not rely on lot size alone; corner-lot conditions, underground servicing and existing building condition can affect the plan.
What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

For sale
1 8581 JELLICOE STREET
Sun Jun 7
03:00 PM - 05:00 PM

Remarks

Rare Waterfront Living at Lighthouse Terrace! Experience spectacular waterfront living with sweeping views of the Fraser River from this gorgeous fully renovated, 3-level, 2 bedroom, 1159 sf end-unit townhome. With brand-new renovations throughout, this bright and beautifully updated charming home feels like a detached residence. The open-concept main floor features a stylish new kitchen, wide-plank flooring, fresh designer paint, cozy gas fireplace, and a powder room. French doors lead to your private deck - the perfect place to relax and take in the river views. Upstairs offers two bedrooms, including a serene primary retreat overlooking the Fraser River. Complete with 2 parking stalls, a large storage locker just outside your lower-level entry, and direct access to the Seawalk pathway. 2 cats or 2 dogs allowed! A rare opportunity to own in this peaceful, family-friendly waterfront community! OPEN HOUSE SUNDAY, JUNE 7 3-5 PM (id:56153)

Property Details

Row / Townhouse
Building Type
2
Bedrooms
3
Bathrooms
1995
Year Built
31 years
Age
14
Days on Site
1,159 sqft
Interior Size
C$1,013
Price per Sqft

Complex Name: Lighthouse Terrace

Transaction: For sale

Status: active

Listing ID: 29789995 (R3126743)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$1,174,000

PID: 023-286-300

Days on Site: 14 days

Added to BurnabyHouse: 2026-05-22

Updated on: 2026-06-03 12:03 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

David Oppenheimer Elementary ELEMENTARY
Public · School District 39
2421 Scarboro Ave, Vancouver, BC
Straight-line distance about 1.2 km
David Thompson Secondary SECONDARY
Public · School District 39
1755 55th Ave E, Vancouver, BC
Straight-line distance about 2.4 km
Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
Save-On-Foods
About 1.3 km away
8550 River District Crossing, Vancouver
Your Independent Grocer
About 1.6 km away
Shopping Centres
River District Town Centre
About 1.3 km away
Marine Way Business Centre
About 2 km away
Parks / Green Space
Riverfront Park
About 118.2 m away
No. 7 Road Pier Park
About 352.1 m away
15811 River Road, Richmond

Price History

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BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Wed, 03 Jun 2026 11:01:58 AM PDT

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