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2383-2385 49th Ave W 0.61 Acres of Residential Land Offered at $7,574,157 USD in Vancouver, BC V6M 2V2
Investment Highlights
- Superior walkability to restaurants, lifestyle amenities and services within the Kerrisdale Village neighbourhood.
- Strong Market Fundamentals
- Landmark Development Opportunity
Executive Summary
CBRE Limited is pleased to offer for sale 2383 - 2385 West 49th Avenue, Vancouver BC (the “Property”) – a prime multi-family redevelopment site located in Vancouver’s desirable Kerrisdale Village Neighbourhood offering excellent scale and a sought-after location. This opportunity presents an developer with a rare chance to acquire a highly desirable redevelopment site in highly sought after and trending neighbourhood in Vancouver.
Property Facts
| Price | $7,574,157 USD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.61 AC |
| Property Type | Land | ||
| Zoning | R1-1 - Rental Inclusive Zone | ||
| Price | $7,574,157 USD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.61 AC |
| Zoning | R1-1 - Rental Inclusive Zone |
1 Lot Available
Lot
| Price | $7,574,157 USD | Lot Size | 0.61 AC |
| Price Per AC | $12,388,482.91 USD |
| Price | $7,574,157 USD |
| Price Per AC | $12,388,482.91 USD |
| Lot Size | 0.61 AC |
Prime Multi-Family Redevelopment Site up to 26,632 SF Located in Vancouver’s Kerrisdale Village Neighbourhood Offering Excellent Scale and a Sought-After Location.
Description
The Subject Property consists of two single family lots with the potential to acquire the third neighbouring single family lot. The property is designated under the City of Vancouver Secured Rental Policy (SRP) supporting rezoning consideration for 100% residential rental projects up to 2.4x FSR & up to 6 Storeys.
Moderately walkable
60/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
60/100
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2383-2385 49th Ave W
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