1242 Park Dr, Vancouver, BC

A freehold property, built 1927 on a 371 m² R1-1 lot with a rear lane. Older than 88% of the buildings on Park Dr.

Assessed 2026
$1,736,500
Zoning
R1-1
Lot
≈ 371 m²
Built
1927
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What the records show for 1242 Park Dr

Street view

About 1242 Park Dr

Assessed at $1,736,500 for 2026 (−7% on 2025). One of the lowest assessed houses on Park Dr. The land is 98% of the value. The lot is smaller than 73% of the lots in Marpole. School catchment: David Lloyd George Elementary and Sir Winston Churchill Secondary. Marine Drive Station is 1.3 km away.

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Each finding explained, full permit and value history, questions for the seller and a PDF for your agent.

Assessment history of 1242 Park Dr

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2026$1,736,500
Up 12% since 2021
20202026

Permits on this lot · none since 2017

The City has issued no building permits for this lot since 2017.

The lot and zoning

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Area≈ 371 m²
ZoningR1-1
Frontage and depth
What the zoning allows

Schools and parks near 1242 Park Dr

Elementary catchmentDavid Lloyd George Elementary
Secondary catchmentSir Winston Churchill Secondary
Vancouver Hebrew Academy584 m
David Lloyd George StrongStart Centre618 m
David Lloyd George Elementary618 m
Oak Park366 m
Shannon Park668 m

How catchments work

Transit near 1242 Park Dr

Nearest SkyTrain: Marine Drive (Canada Line)1.3 km
Southbound Oak St @ Park Dr · 17235 m
Northbound Oak St @ Park Dr · 17254 m
Southbound Oak St @ W 59 Ave · 17332 m

Bus routes within 400 m: 17

Street, trees and terrain

City street trees in frontNone recorded
Ground elevation≈ 52 m above sea level
Slope across the lotFlat, about 1 m
Nearest arterial roadPark Dr, 25 m

Crime near 1242 Park Dr

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Incidents within 400 m in the last 12 months, by type: in the full report.

Rezoning and development nearby

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Within 300 m in the last two years: 11 new-building permits and 6 demolition permits.

New buildings nearby:

Rezoning applications within 800 m: in the full report.

In Marpole, the City issued 93 new-building permits and 44 demolition permits in the last two years. About the neighbourhood

Questions about 1242 Park Dr

What is 1242 Park Dr assessed at?

$1,736,500 for 2026, from BC Assessment through the City’s property tax report.

When was 1242 Park Dr built?

In 1927, according to BC Assessment. A major improvement is recorded in 1950.

What is the zoning of 1242 Park Dr?

It is zoned R1-1 under the Vancouver Zoning and Development By-law. More

What can be built at 1242 Park Dr?

Under R1-1 the lot appears to fit a multiplex, 3–4 homes. It has a rear lane, which a laneway home needs. More

Is 1242 Park Dr in a floodplain?

No. It is outside the floodplains designated by the City of Vancouver. More

Is 1242 Park Dr on the Heritage Register?

No. It is not listed on the Vancouver Heritage Register. More

What building permits has 1242 Park Dr had?

None since 2017, when the City’s open permit records begin. More

Which schools serve 1242 Park Dr?

Elementary: David Lloyd George Elementary. Secondary: Sir Winston Churchill Secondary. Placement depends on space: confirm with the school.

How far is the nearest SkyTrain station from 1242 Park Dr?

Marine Drive Station is 1.3 km away in a straight line.

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Other addresses on Park Dr

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Checked against City of Vancouver open data on October 21, 2026. How we check · Data sources · Glossary