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Investment Highlights

  • Designated under the Broadway Plan for towers up to 20 stories with mixed-use potential.
  • Located in Mount Pleasant, a highly connected neighborhood near rapid transit and amenities.
  • Potential for additional density with ground-level retail or childcare uses.

Executive Summary

Mount Pleasant North Apartment Area - Area A which allows for tower up to a maximum height of 20 storeys. Option for either Secured market rental housing up to 6.5 FSR with 20% of residential floor space secured at below-market rents or strata ownership housing up to 6.0 FSR with 20% of residential floor area delivered as turnkey social housing units to the City. The maximum height and density can potentially be increased up to 0.3 FSR with the provision of ground level retail/service uses or childcare. Sites with lesser frontage may be considered at the discretion of the Director of Planning.

Property Facts

Price $1,565,190 USD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units
  • Apartment Units - Condo
Total Lot Size 0.09 AC
Zoning R5-3 - Residential

1 Lot Available

Lot

Price $1,565,190 USD
Price Per AC $16,934,890.29 USD
Lot Size 0.09 AC

The subject property is being sold together with 1237 & 1257 E Broadway as an assembly of 3 lots each improved with a detached single-family building and is designated for rezoning within the City of Vancouver's Broadway Plan.

Description

This land assembly at 1237-1257 East Broadway offers a prime redevelopment opportunity within Vancouver’s Broadway Plan – Mount Pleasant North Apartment Area. The site is designated for high-density residential or mixed-use development, allowing for towers up to 20 stories with options for secured market rental housing or strata ownership housing. Located steps from rapid transit and surrounded by a vibrant urban community, the property provides exceptional potential for developers seeking to capitalize on one of Vancouver’s most transformative growth corridors.

Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
  • Listing ID: 40058027

  • Date on Market: 4/7/2026

  • Last Updated:

  • Address: 1237-1257 Broadway E, Vancouver, BC V5T 1Y8

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