174 W 11th Avenue, Vancouver, V5Y 1S7 — photo 1

$4,200,000

174 W 11th Avenue, Vancouver, V5Y 1S7
Active
1 Bedrooms 1 Bathrooms 1,000 sqft Built 1913 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.

Property Details

MLS #

R3071776

Status

Active

Type

Residential

Sub-type

Other

Style

Other

Ownership

Freehold NonStrata

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

4,880.75 sqft

Frontage

0

Year Built

1913

Age

112 years

Roof

Other

Construction

Other, Other (Exterior)

Structure

Residential Detached

Parking Type

Other

Original Price

$4,200,000

Taxes

$8,469.84/yr

Listed

2025-12-03

MLS Area

Mount Pleasant VW

City

Vancouver

Postal Code

V5Y 1S7

Features & Finishes

Heating

Other

Exterior Features

No Outdoor Area

Building & Community

Water Source

Public

Utilities

Community, Electricity Connected, Water Connected

Disclosures

Property Disclosure

No

Coordinates: 49.261092, -123.109172 · Map data © Google

5.3

Above Market

Deal Score out of 10

Priced above comparable sales — may have room to negotiate.

Value vs market340% above market — check if justified
Days on market152 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

$3,990,274

5% below asking price

Negotiation Range

$3,885,274$4,053,274

$168,000 spread

$3,885,274$4,200,000 ask

Based on 82 recent sales, a starting offer around $3,990,274 (5% below ask) is reasonable. Your negotiation range is $3,885,274 – $4,053,274.

What's factored in

Market baseline82 recent Vancouver sales closed at median 96.8% of list price
Extended market time152 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

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