For $3.9 million, this property could be yours. (PROMERITA REALTY CORP.)

This trash heap in Vancouver could be yours for $3.9 million

Sitting atop 6,000 square feet, the home was built in 1912, later destroyed by fire

No, the joke isn’t in the fine print.

What appears to be a dumping ground in Vancouver is selling for the sweet price of $3.9 million.

Located at 2573 West 3 Ave., the home is described by Promerita Realty Corp. as a “very rare development opportunity to custom build your next dream home in the desired Kitsilano area!”

Sitting atop 6,000 square feet, the three-storey house was built in 1912. But a three-alarm fire in 2017 caused the roof to collapse, in addition to water and smoke damage.

Its latest assessed value, before the fire, was $3.713 million. The home itself accounted for $10,000 of that sum.

In its quarterly report, the BC Real Estate Association said Tuesday housing prices remain high while buying activity is stagnant as the market continues to be affected by stress-test mortgage qualifying changes in January.

“While these rules have had a negative effect on housing demand across the country, the impact has been especially severe in B.C.’s large urban centres because of already strained housing affordability,” the report said.

Here’s what roughly $3 million can buy in other parts of B.C.:

All housing prices listed, as reported by Point2Homes

Just Posted

Serious police incident unfolding at Sts’ailes

Small reserve near Agassiz surrounded by police vehicles, helicopter, ERT

Report of dead body in Manning Park actually headless sex doll

This discovery, made at Manning Park on July 10, led police to uncovering two other sex mannequins

They’re coming!

Communities in Bloom judges return to see if Hope has what it takes for another 5 Blossom year

Chilliwack lagging real estate sales mirrors provincial trend

Forecast for 2019 is a drop from 2018 but a bounce back predicted for 2020

Hope Arts Gallery brings in new show with new member

“All God’s Creations” by Eva Heller will show during August

VIDEO: Wet weather kicks off Lower Mainland toad migration

Thousands of small western toads were making the trek from pond to woods

Olympic softball qualifier gets $150K boost from provincial government

2019 Americas Qualifier to be held in Surrey from Aug. 25-Sept. 1

Gas price inquiry questions Trans Mountain capacity, company denies collusion

The first of up to four days of oral hearings in the inquiry continue in Vancouver

‘Benzos’ and fentanyl a deadly cocktail causing a growing concern on B.C. streets

Overdoses caused by benzodiazepines can’t be reversed with opioid-overdose antidote naloxone

RCMP release sketch of suspect in SFU assault, appeal to witnesses who helped woman

The RCMP want to talk to two women who helped the victim after she got to the parking lot

Will you be celebrating national hotdog day with any of these crazy flavours?

The popularity of hotdogs spans generations, cultures

Former home of accused Penticton shooter vandalized

Ex-wife of man who is accused of murdering four people had her house vandalized

Survivor of near-drowning in B.C. lake viewing life through new eyes

“If I died that day, the baby wouldn’t know his dad,” said 31-year-old Mariano Santander-Melo.

‘Beyond the call’: Teen in police custody gets birthday surprise by B.C. Mountie

Unusual celebration started when Staff Sgt. Paul Vadik went to visit the teen in his Coquitlam cell

Most Read