Property For Sale With Assembly Potential

CAN$6,500,000

Maude, MacKay & Co. Ltd. is pleased to offer for sale a highly desirable Vancouver West Side development Site. The property at 1010 W. 54th Avenue, Vancouver is 70.26’ x 159.’ (11,178 sq. ft.) with the larger frontage on Oak Street. The property falls under the Cambie Corridor Phase 3 Area Plan and can be re-zoned to permit a density of up to 1.2 FSR for townhomes on the site. This should allow for approximately 7 to 8 spacious 3 bedroom townhomes. There is a very real potential to assemble the site with 3 other similar sized lots for a combined lot size of 46,222 sq. ft. allowing for a much larger scale townhome development.
The property is very centrally and conveniently located approximately 20 minutes drive to downtown Vancouver to the North and 15 minutes drive to the South to Vancouver International Airport.
Canada Line rapid transit access is less than 1 mile away at Cambie St. and W. 49th Avenue. Bus access to UBC is 5 blocks North at W. 49th Avenue. Major shopping is nearby and easily accessible at Oakridge Centre, Marine Gateway and in Marpole and Kerrisdale Commercial areas.

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