154-168 W 11th Avenue, Vancouver, V5Y 1S7 — photo 1

$10,800,000

154-168 W 11th Avenue, Vancouver, V5Y 1S7
Active
1 Bedrooms 1 Bathrooms 1,000 sqft Built 1986 Residential

About This Property

Prime redevelopment opportunity in Mount Pleasant within Vancouver’s Broadway Plan – MRTB (Mount Pleasant RT Areas, Area B). This site supports up to 18 storeys and 5.5 FSR for residential with retail/service at grade. The neighbouring property at 174 W 11th Ave is also available for purchase, allowing a combined frontage exceeding the 150 ft. minimum required for tower form under the Plan. When assembled, the properties create an exceptional high-rise or large mixed-use secured rental development site with strong policy support. Broadway Plan policy requires 20% of net residential floor area to be delivered as secured below-market rental. Unmatched location steps to the future Broadway–City Hall and Mount Pleasant Stations, Main Street retail and restaurants, and VGH. An ideal opportunity

Property Details

MLS #

R3070917

Status

Active

Type

Residential

Sub-type

Other

Style

Other

Ownership

Other

Zoning

R3-2

Bedrooms

1

Full Baths

1

Half Baths

0

Kitchens

0

Living Area

1,000 sqft

Main Floor

1,000 sqft

Lot Size

13,221.3 sqft

Year Built

1986

Age

39 years

Roof

Other

Construction

Other, Other (Exterior)

Structure

Residential Detached

Parking Type

Other

Original Price

$10,800,000

Listed

2025-11-28

MLS Area

Mount Pleasant VW

City

Vancouver

Postal Code

V5Y 1S7

Features & Finishes

Heating

Other

Exterior Features

No Outdoor Area

Building & Community

Water Source

Other

Utilities

None

Disclosures

Property Disclosure

No

Coordinates: 49.261093, -123.109044 · Map data © Google

5.3

Above Market

Deal Score out of 10

Priced above comparable sales — may have room to negotiate.

Value vs market1032% above market — check if justified
Days on market158 days — significantly stale, strong negotiation position
Price historyNo price reduction — seller firm on price
Market conditionsBuyer's market — avg 97% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$10,260,706

5% below asking price

Negotiation Range

$9,990,706$10,422,706

$432,000 spread

$9,990,706$10,800,000 ask

Based on 82 recent sales, a starting offer around $10,260,706 (5% below ask) is reasonable. Your negotiation range is $9,990,706 – $10,422,706.

What's factored in

Market baseline82 recent Vancouver sales closed at median 96.8% of list price
Extended market time158 days listed — well above market avg of 175 days, increased negotiation leverage

Based on 82 residential sales in Vancouver (last 60 days) · Updated May 4

Schedule a Viewing

Contact us to arrange a private showing of this property.

Your information is kept private and never shared with third parties.

Ask a Question

Have questions about this listing? We'll get back to you quickly.

Your information is kept private and never shared with third parties.

More Homes in Mount Pleasant VW