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Investment Highlights

  • Approximately an 8-minute walk to 29th Avenue SkyTrain Station, providing excellent regional connectivity
  • Located within a TOD Tier 2 zone, supporting higher-density residential development near rapid transit
  • Two adjacent parcels totaling approximately 19,492 SF, creating a strong land assembly opportunity
  • Potential to expand assembly to approximately 39,731 SF by including adjacent lots
  • Permits up to 4.0 FAR and building heights of up to 12 storeys under current zoning framework

Executive Summary

The offering consists of two adjacent parcels totaling approximately 19,492 square feet, creating a consolidated site ideal for future high-density residential development. Situated within a Transit Oriented Development (TOD) Tier 2 zone, the property supports density up to 4.0 FAR and building heights of up to 12 storeys, providing significant development potential in a rapidly evolving urban corridor.
The site is strategically located just an 8-minute walk from the 29th Avenue SkyTrain Station, ensuring exceptional transit connectivity across Metro Vancouver. Its proximity to major transportation routes, retail amenities, and community services enhances its appeal for developers seeking to capitalize on Vancouver’s continued focus on transit-oriented growth.
Listing 1 – 2669 Vanness Avenue, Vancouver, BC
2669 Vanness Avenue is a CD-1 zoned Transit-Oriented Development (TOD) Tier 2 site offering strong redevelopment potential. The property features a rectangular lot with approximate dimensions of 245 ft by 40 ft, totaling 9,308 SF of site area. Under Tier 2 TOD provisions, the site supports a maximum density of up to 4.0 FAR, allowing for an estimated 37,232 SF of buildable floor area, with a potential building height of up to 12 storeys (subject to City approvals). Property taxes for 2025 are approximately $12,303.30, and the 2026 assessed value is approximately $3,031,000. The site is currently offered for sale at an asking price of approximately $2,919,000, representing a compelling opportunity for mid-rise, transit-oriented residential development.
Listing 2 – 2675 Vanness Avenue, Vancouver, BC
2675 Vanness Avenue is an adjacent CD-1 zoned TOD Tier 2 development site located along the Vanness Avenue corridor. The lot measures approximately 264 ft by 40 ft, providing a total site area of 10,184 SF. The zoning supports a density potential of up to 4.0 FAR, translating to approximately 40,736 SF of buildable floor area, and a maximum building height of up to 12 storeys, subject to municipal approval. Property taxes for 2025 are estimated at $12,620.50, with a 2026 BC Assessment value of approximately $3,135,000. The property is offered at an asking price of approximately $2,865,000 and presents an excellent opportunity for higher-density residential redevelopment in a transit-oriented location.

Property Facts

Price $2,064,404 - $4,323,358 USD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units
  • Apartment Units - Senior
Total Lot Size 10,184.21 AC
Zoning CD-1 - Comprehensive Development

2 Lots Available

Lot 2669 Vanne

Price $2,064,404 USD
Price Per AC $9,661,102.20 USD
Lot Size 0.21 AC

2669 Vanness Avenue is a CD-1 zoned Transit-Oriented Development (TOD) Tier 2 site offering strong redevelopment potential.

Lot 2675 Vanne

Price $2,258,955 USD
Price Per AC $221.81 USD
Lot Size 10,184.00 AC

2675 Vanness Avenue is an adjacent CD-1 zoned TOD Tier 2 development site located along the Vanness Avenue corridor.

Description

The properties at 2669 and 2675 Vanness Avenue are located in Vancouver’s Renfrew Heights neighborhood within a Transit Oriented Development Tier 2 zone. The combined site area is approximately 19,492 square feet, with zoning that permits density up to 4.0 FAR and building heights up to 12 storeys. The location is approximately an 8-minute walk from the 29th Avenue SkyTrain Station and offers connectivity throughout Metro Vancouver. The surrounding area includes residential neighborhoods, retail services, and community amenities.

Very walkable
80/100
Fairly drivable
50/100
Strong public transit
80/100
Moderately bikeable
70/100
  • Listing ID: 39849256

  • Date on Market: 7/2/2025

  • Last Updated:

  • Address: 2669-2675 Vanness Av, Vancouver, BC V5R 4Z6

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