East Vancouver cottage of 444 square feet sells for over $1.5 million

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      The cottage is tucked at the back of its own lot in East Vancouver.

      There’s no bigger house in front of this lodge that measures 444 square feet.

      The small home at 1280 East 33rd Avenue contains a bedroom, a living room that functions as dining area as well, kitchen, and a bath.

      It was built in 1944, and there’s a chance it will be replaced with a new development.

      This is because the cottage was sold recently for $1,550,000.

      The listing for the property noted that the site presents a “great opportunity to build a duplex in a fabulous location”.

      The sold price equals $3,491 per square foot of the existing tiny home.

      One interesting thing about this sale is that 1280 East 33rd Avenue made more money than what the property next door to the west did last year.

      On May 11, 2021, the property at 1260 East 33rd Avenue sold for $1,325,000.

      The house at this neighbouring site is 1,630 square feet, which means it’s about three to four times bigger than that of 1280 East 33rd Avenue.

      The two homes sit on 33-foot lots.

      The Straight asked longtime Vancouver realtor David Hutchinson about what he thinks regarding the two properties.

      “Although one house is larger than the other, detached house sales are mostly based on land value,” Hutchinson said.

      Hutchinson noted that assessed values of both properties are about the same.

      The property at 1280 East 33rd 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 cottage.

      The property at 1260 East 33rd has a 2022 assessment of $1,469,000.

      This is broken into $1,409,000 for the 33-foot by 117.7-foot lot, and $60,000 for the rancher with basement.

      “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.

      This property next door at 1260 East 33rd Avenue sold in 2021 for $1,325,000.

      The Sutton Group-West Coast Realty also noted that 1280 East 33rd Avenue is the smallest detached house he’s ever run across in Vancouver.

      “I don't know the complete history of the 78-year-old home, and whether it was always that way, or the structure at the front of the property was removed at some time,” Hutchinson said.

      “But in any case,” the realtor continued, “it's absolutely amazing that a detached house like this even exists in the city.”

      Another interesting thing is that 1280 East 33rd Avenue sold on the same day as the property at its east side, 1294 East 33rd Avenue on March 29, 2022.

      The property at 1294 East 33rd Avenue has a 33-foot by 118-foot lot, and a 2,443-square-foot house with three bedrooms and two baths.

      This particular Vancouver real estate sold for $1,750,000.

      Its 2022 assessment is $1,454,100, which is comparable to 1280 East 33rd Avenue and 1260 East 33rd Avenue.

      This adjacent property at 1294 East 33rd Avenue sold on the same day as 1280 East 33rd Avenue for $1,750,000.

      It’s also interesting to note that based on tracking by real-estate site Zealty.ca, the sellers of the three properties have one listing agency, Stilhavn Real Estate Services.

      Here’s an aerial look at these properties.

      The cottage at 1280 East 33rd Avenue is sandwiched by 1260 East 33rd Avenue (left) and 1294 East 33rd Avenue.
      GOOGLE

      [Update]

      A day after this story went live, listing agent Laurie Gillis got in touch Monday (April 18) and shared the story behind 1280 East 33rd Avenue and the two neighbouring properties.

      Gillis told the Straight by phone that a family started at the cottage in 1944, and started a garden.

      “I was told it was a potato field,” Gillis said.

      After the birth of a son, the household built a bigger house at west side, which eventually became 1260 East 33rd Avenue.

      Years later, the family built another house on the east side, and this is now 1294 East 33rd Avenue.

      “It was a whole family compound, which was kind of neat,” Gillis said.

      The son lived at 1260 East 33rd Avenue until his death.

      The matriarch stayed at 1294 East 33rd, and she passed away last year.

      Meanwhile, a family friend resided at the cottage at 1280 East 33rd Avenue.

      With no one left in the family, the three properties were left behind to friends.

      Gillis said that one family bought 1280 East 33rd Avenue and 1294 East 33rd Avenue on March 29, 2022, where the new owners may likely build something bigger.

      This means that the compound will likely become a multigenerational residence again.

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