Welcome to 1706west68.ca
My brother, Brian Smith, and I are the Co-Executors of our deceased mother’s estate, and are offering our family home for sale as part of the liquidation of her estate. Probate has been granted, and freehold title to the property is now held in the names of Kevin Smith and Brian Smith as Personal Representatives of the Estate of Rita May Smith. We are able to sell the property and transfer title without delay once we receive an acceptable bid. The property is also ready for immediate possession upon close of escrow. Our REBGV MLS Listing number is R2588905.
To view listing details click here: MLS Listing
We are cooperating with Buyer’s Agents and are willing to pay a $42,500.00CAD commission to the licensed real estate agent who brings us an acceptable offer. The estate is also willing to pay a Referral Fee in the amount of $10,000.00CAD to any unlicensed party who refers a successful purchaser to us. Please note: The estate will pay either a Buyer’s Agent commission or a Referral Fee, not both. If more than one Buyer’s Agent or Referral party is involved in the sale of this property, the estate will pay only one fee as quoted above to be shared by either the Buyer’s Agents or the Referring parties.
Location of the Property
Our family home is located west of Granville Street between Angus Drive and the Arbutus Greenway just north of Southwest Marine Drive. The property’s entire eastern border runs along the Arbutus Greenway so there is no neighbour on that side of the property. There is no neighbour directly across the street either due to the path of the Greenway. There is only one adjacent property, and that is on the western property line and it is well hidden behind hedges. Our stretch of West 68th is nicely treed and has no through-road. Our neighbourhood contains large lots, which allow for larger homes and greater privacy. Since there is very little traffic on our street, we enjoy absolute quiet in the heart of the city in a park-like setting. The Arbutus Greenway is a 9-kilometre cycling and walking path that runs from the Fraser River to the False Creek waterfront in downtown Vancouver. It is accessible by short footpaths from the front and back of our property. The City of Vancouver has plans to continue the eco-friendly development of this Greenway. These plans include miles of community gardens with gazebo-style way stations along the way for rest and relaxation in a natural setting. The Greenway spans 6 of the West Side’s finest neighbourhoods: Marpole, Kerrisdale, Fairview, Shaughnessy, Kitsilano, and False Creek. The value of having direct access to the Greenway without having to drive to it cannot be underestimated. You can hop on your bike from our place and be at the Fraser River or Kitsilano Beach in a matter of minutes and walking the path is just as enjoyable! To learn more about the amenities and services in our area visit our Neighbourhood page.
Zoning and Size of the Property
The City of Vancouver has zoned our neighbourhood RS-1, which means that this district will continue to consist of single-family residences with some low-density residential development on larger lots. There is no high-density development planned for this area, allowing the next owner(s) uninterrupted enjoyment of this property for generations to come. Our property is an oversized 8,352 square foot lot, which is more than twice the size of a typical lot in Vancouver, which is 33′ x 122′ or 4,026 square feet. Duplexes are now allowed on over 90% of the RS-1 lots in Vancouver. In addition, each side of a duplex can now have a secondary suite. Secondary suites are not counted in the allowable floor space ratio (FSR) of new buildings, so they are in addition to the allowable FSR. The elevation of our lot slopes downward from the front of the property to the rear, where it meets the alley. The difference in elevation from front to back is about 10-15 feet, which means that secondary suites could be designed to have ground-floor entries and plenty of natural light to brighten them up. Here is a short list of possible uses of our property:
- A large single-family home with a secondary suite and a lane way home.
- A duplex with a secondary suite in each unit.
- Multiple residences including duplexes and small homes.
To see an artist’s concept of what a duplex with secondary suites might look like on this property, visit our Property Lines page.
Please Note: The above list is for discussion purposes only. Many conditions must be met for each intended use before a permit will be issued by the city. Buyers are advised to do their own due diligence on allowable uses of this property before making an offer. Links to a User’s Guide to Zoning and Development in Vancouver along with a Summary of RS and RT Zoning Guidelines can be found on our Resources page. The above lot size measurements are taken from reliable sources but cannot be relied on for 100% accuracy – only a site survey will provide exact measurements.
To see the type of homes that are now being built in our neighbourhood view our Drone Footage.
To view the interior and exterior of our home and our Seller’s Disclosures visit our Gallery page.
The Auction and Bidding Process
As Executors we are legally obligated to obtain the highest price for the estate’s property. To that end we have set a minimum bid price for the property at $3, 300,000.00 CAD. We will seriously consider all bids at this level or higher and will get back to each bidder in a timely fashion. When making an online bid please be sure to indicate how long the bid is good for and we will respond within that time frame. All online bids will be considered Proposed Offers until one is accepted. Once a bid is accepted, we will email our approved Purchase Agreement to the winning bidder. No sale will be concluded without the approved Purchase Agreement being signed by both parties.
Buyer’s Agents wishing to make an offer on behalf of their clients may do so on our Buyer’s Agent’s page.
Unrepresented Buyer’s may submit their bid on our Make an Offer page.
We believe that we have included all the information required by a serious buyer on this website. Please take the time to review this entire website before contacting us with your questions. Due to constraints imposed by COVID restrictions and for the safety of all we prefer communications with us be conducted via reply email or through the contact forms on this website. Once you have viewed our entire website feel free to Contact Us with any questions. Appointments to view our property in person will be granted if and when we receive confirmation of an acceptable nonbinding offer from a prospective buyer. We may also be contacted by phone at Tel. 604.264.0480. You may leave a detailed voice message if we are not available to take the call and we’ll get back to you asap. Both Brian and I have access to the Gmail account we have set up for this auction and that email address is: smithestate68@gmail.com.
Thank-you for taking the time to review this offer for sale. We look forward to hearing from you!
Kevin and Brian Smith,
Personal Representatives of the Estate of Rita May Smith