+35 more
$2,490,000
Listed by: Oakwyn Realty Ltd. · MLS®
DEVELOPMENT OPPORTUNITY in Vancouver's sought-after Cambie neighbourhood! This R1-1 zoned property offers multiplex redevelopment potential. The older home is tenanted, providing stable rental income, and features a 4-year-old furnace, 2-year-old hot water tank and 6-year-old roof. Situated on a quiet residential street, approximately 500 metres from King Edward SkyTrain Station, with easy access to downtown Vancouver and Richmond. Enjoy nearby Cambie Village shops, cafés and restaurants, Main Street boutiques, Queen Elizabeth Park, Hillcrest Community Centre, schools and everyday amenities. A rare opportunity for builders, developers or investors to secure a well-located property in an established, transit-friendly community with long-term holding value and future development potential.
MLS® #
R3180253
Status
Active
Type
Residential
Sub-type
Single Family Residence
Ownership
Freehold NonStrata
Bedrooms
7
Full Baths
3
Half Baths
0
Living Area
2,490 sqft
Main Floor
1,005 sqft
Basement
Yes
Lot Size
4,026 sqft
Lot Dimensions
33 x 122
Frontage
33
Year Built
1938
Age
88 years
Structure
Residential Detached
Parking Stalls
2
Garage Spaces
2
Parking Type
Garage Double
Taxes
$11,000/yr
MLS® Area
Cambie
City
Vancouver
Postal Code
V5Y 2G3
Heating
Forced Air
Exterior Features
Balcony
Coordinates: 49.251311, -123.110869 · Map data © Google
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Transit-Oriented Area — Tier 3
~410 m from King Edward SkyTrain station
Provincial law requires the city to allow at least 3.0 FAR and 8 storeys for residential here — well above typical single-family zoning. Potential land-assembly interest from developers.
Multiplex potential: on a ~374 m² lot, BC’s small-scale housing law requires the municipality to allow at least 4 units (up to 6 near frequent transit), where it applies.
~410 m straight-line to King Edward SkyTrain
Screening estimate from provincial regulations (TOA station points, B.C. Reg. 263/2023 & 265/2023; small-scale multi-unit housing rules). Distances are straight-line; actual TOA maps are set by municipal bylaw and some parcels (heritage, ALR, exempt areas) are excluded. Confirm with the municipality before relying on it.
Not in the Agricultural Land Reserve.
The listing’s flood plain disclosure is available to registered users. Create a free account or sign in.
ALR from the Agricultural Land Commission via DataBC (point check at the listing’s mapped location). Flood plain is the listing brokerage’s disclosure. Confirm both with the municipality and your lawyer.
Source: City of Vancouver Open Data
No permits found for this address in the open data registry.
