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14 Bedrooms Listings Across Metro Vancouver

Check How a 14 Bedrooms House Is Zoned and Used

14 Bedrooms houses for sale in Greater Vancouver come to market rarely and almost never fit an ordinary residential mortgage, so establish the zoning and the permitted use before you tour.

A property this size is usually one of three things: a very large custom home built for multi-generational living, a licensed care or supportive housing residence, or a house converted room by room over the years. Those are entirely different purchases. Ask your real estate agent to pull the zoning, the business licence status and the permit history from the municipality, and read the MLS listing carefully for how the current use is described. Vancouver, Burnaby and the municipalities along the Fraser each treat this kind of conversion differently.

Verify the Fire Separations, Egress and Parking

Have your inspector look at the building as a whole rather than room by room. Every sleeping room needs egress, corridors and stairs need proper separation, and a converted house often fails on both. Count the bathroom and bath fixtures against the room count, look at the electrical service capacity, and check the parking provided against what the zoning requires. Ask the municipality whether any orders or outstanding permits sit on the file, because those transfer with the title.

Budget How a 14 Bedrooms Property Gets Financed

Speak with a mortgage professional before you settle on a price. A residence of this size is often underwritten commercially rather than residentially, which changes the down payment, the amortisation and the rate. Ask your realty brokerage for comparable sales rather than asking prices, and expect very few of them, since only a handful of these houses trade in BC in any given year.

Frequently Asked Questions

Can I get an ordinary mortgage on a house this size?
Often not. Lenders frequently underwrite a residence of this scale commercially rather than residentially, which changes the down payment, the amortisation and the rate. Speak with a mortgage professional before you settle on a price, and ask which lenders will look at the property at all.
What should an inspection cover on a converted house?
Fire separations between rooms and corridors, egress from every sleeping room, stair construction, electrical service capacity, and the plumbing load against the fixture count. Ask the municipality whether any orders or open permits sit on the file, since those pass to you with the title.
How do I find comparable sales for such a rare property?
Expect very few. Ask your agent to search sold records well beyond your immediate area and to look at properties with a similar use rather than a similar street. Use sold prices rather than asking prices, and treat any single comparable with caution.