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2600 49th Av E 60 Unit Apartment Building For Sale Vancouver, BC V5S 1J8


INVESTMENT HIGHLIGHTS
- 1.89 acres
- Great investment opportunity.
- Development site
EXECUTIVE SUMMARY
The Property at 2600 East 49th Avenue has a Zoning Designation of CD-1 (7B) and falls outside
of existing plan areas and also outside of current rezoning policies, allowing flexible rezoning
to achieve maximum density and use. The City of Vancouver encourages rezoning enquiry.
For comparative Zoning Reference, the property directly across the street at 2611 49 Ave is
Zoned C-2, allowing up to 3.5 FSR and a 6-storey Mixed-Use Development.
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Development Notes:
• Only 2 lots in Vancouver are zoned CD-1 (7B), the other situated adjacent to the south at
6620-6680 Elliott Street. The City of Vancouver is ready to collaborate on a redevelopment plan
that modernizes the outdated CD-1 (7B) Zoning.
• Ideal for mixed-use residential or rental development with strong transit access, street
exposure and laneway access.
• The 4 Detached Properties flanking the lot at 2612 49 Ave(1), 2638 49 Ave(2), 2662 49
Ave(3), and 6505 Wales Street(4) are also interested in acquisition, which would allow for
further use of the lane behind the property and totalling an additional lot size of 21,008sqft.
of existing plan areas and also outside of current rezoning policies, allowing flexible rezoning
to achieve maximum density and use. The City of Vancouver encourages rezoning enquiry.
For comparative Zoning Reference, the property directly across the street at 2611 49 Ave is
Zoned C-2, allowing up to 3.5 FSR and a 6-storey Mixed-Use Development.
th
Development Notes:
• Only 2 lots in Vancouver are zoned CD-1 (7B), the other situated adjacent to the south at
6620-6680 Elliott Street. The City of Vancouver is ready to collaborate on a redevelopment plan
that modernizes the outdated CD-1 (7B) Zoning.
• Ideal for mixed-use residential or rental development with strong transit access, street
exposure and laneway access.
• The 4 Detached Properties flanking the lot at 2612 49 Ave(1), 2638 49 Ave(2), 2662 49
Ave(3), and 6505 Wales Street(4) are also interested in acquisition, which would allow for
further use of the lane behind the property and totalling an additional lot size of 21,008sqft.
PROPERTY FACTS
| Sale Type | Investment | Building Class | C |
| No. Units | 60 | Building Size | 73,760 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1972 |
| Apartment Style | Low-Rise | ||
| Zoning | CD-1 - Comprehensive Development | ||
| Sale Type | Investment |
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 73,760 SF |
| No. Stories | 2 |
| Year Built | 1972 |
| Zoning | CD-1 - Comprehensive Development |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 60 | - | - |
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (73)
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2600 49th Av E
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