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3514 Price Street-4822 Joyce Street
Vancouver, BC V5R 4G3
Land For Sale · 0.49 AC

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INVESTMENT HIGHLIGHTS

  • Transit oriented area

EXECUTIVE SUMMARY

Renfrew-Collingwood, located in the eastern part of Vancouver, British Columbia, is a rapidly evolving neighborhood marked by significant real estate development. Historically a quiet, working-class area, it has undergone substantial transformation in recent years as developers respond to Vancouver’s housing demands. High-rise condominiums and modern townhomes are increasingly dotting the landscape, particularly near key transit hubs like the Joyce-Collingwood SkyTrain Station. These developments are reshaping the skyline and attracting a diverse influx of new residents. With this surge in housing projects, the neighborhood’s population has been steadily growing. Young professionals and families are drawn by the relatively affordable options compared to Vancouver’s core, as well as the convenient access to public transit, parks, and community amenities. As a result, Renfrew-Collingwood is becoming more densely populated, and local businesses are adapting to cater to the evolving demographic. In parallel with real estate growth, the neighborhood is seeing a rise in average incomes. The influx of professionals and the development of higher-end residential projects have contributed to a gradual increase in property values, further boosting the economic profile of the area. While it retains a mix of long-time residents and newcomers, Renfrew-Collingwood is increasingly reflecting the broader trends of urban growth and economic change seen throughout Vancouver.

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units
  • Apartment Units - Condo
  • Storefront, Retail or Residential
Total Lot Size 0.49 AC
Zoning R1-1 - Residential Inclusive

1 LOT AVAILABLE

Lot

Lot Size 0.49 AC

DESCRIPTION

Renfrew-Collingwood, situated in the eastern part of Vancouver, British Columbia, is a neighborhood undergoing rapid transformation due to extensive real estate development. Once a quiet, working-class area, it has seen a significant shift as developers respond to the city’s growing housing demands. Modern high-rise condos and townhomes are now prominent, especially near transit hubs like the Joyce-Collingwood SkyTrain Station, reshaping the neighborhood’s skyline and attracting a diverse range of new residents. As housing projects multiply, the population in Renfrew-Collingwood has been steadily increasing. Young professionals and families are drawn to the area by its relatively affordable housing options compared to Vancouver’s downtown core, along with easy access to public transit, parks, and community amenities. This growth has also led to a denser population, with local businesses adapting to meet the needs of the changing demographic. Alongside real estate expansion, the neighborhood has experienced a rise in average incomes. The arrival of professionals and the development of upscale residential properties have contributed to increasing property values, enhancing the area’s economic profile. While it maintains a blend of long-standing residents and newcomers, Renfrew-Collingwood is increasingly reflecting Vancouver’s broader trends of urbanization and economic evolution.

  • Listing ID: 33703816

  • Date on Market: 10/31/2024

  • Last Updated:

  • Address: 3514 Price Street-4822 Joyce Street, Vancouver, BC V5R 4G3

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