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693 Duchess Av 0.47 Acres of Commercial Land Offered at $7,137,187 USD in West Vancouver, BC V7T 1G6
Investment Highlights
- 0.5-acre multi-family development opportunity with notable value-add potential.
- Steps from Park Royal Shopping Centre with over 1.4 million sq. ft. of retail amenities.
- Strong market fundamentals driven by high rental demand and a resilient Metro Vancouver multi-family sector.
- Exceptional street frontage: 220 feet along Taylor Way and 100 feet along Duchess and Esquimalt.
- Located within the Taylor Way Local Area Plan study zone, with potential for future rezoning consideration.
- Potential land assembly opportunity, as neighbouring sites may consider a sale.
Executive Summary
The site is strategically positioned just steps from Park Royal Shopping Centre, with convenient access to Taylor Way bus routes and a short drive to Downtown Vancouver via Lions Gate Bridge. The surrounding area features high-quality retail, restaurants, parks, and recreation, including Ambleside Park and Stanley Park. Offering 220 feet of frontage along Taylor Way and 100 feet along both Duchess Avenue and Esquimalt Avenue, the property benefits from high visibility and strong connectivity. The neighbourhood’s strong demographics, low rental vacancy, and significant population growth forecasts contribute to the area’s robust market fundamentals.
Property Facts
| Price | $7,137,187 USD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Apartment Units - Condo |
| No. Lots | 1 | Total Lot Size | 0.47 AC |
| Property Type | Land | ||
| Zoning | RS3 - Residential | ||
| Price | $7,137,187 USD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units - Condo |
| Total Lot Size | 0.47 AC |
| Zoning | RS3 - Residential |
1 Lot Available
Lot
| Price | $7,137,187 USD | Lot Size | 0.47 AC |
| Price Per AC | $15,033,663.78 USD |
| Price | $7,137,187 USD |
| Price Per AC | $15,033,663.78 USD |
| Lot Size | 0.47 AC |
The space is situated on a large lot size of 20,680 sq. ft., Duchess & Esquimalt provides exceptional street frontage (220 feet along Taylor Way and 100 feet along both Duchess Avenue and Esquimalt Avenue.
Description
The site is strategically positioned just steps from Park Royal Shopping Centre, with convenient access to Taylor Way bus routes and a short drive to Downtown Vancouver via Lions Gate Bridge. The surrounding area features high-quality retail, restaurants, parks, and recreation, including Ambleside Park and Stanley Park. Offering 220 feet of frontage along Taylor Way and 100 feet along both Duchess Avenue and Esquimalt Avenue, the property benefits from high visibility and strong connectivity. The neighbourhood’s strong demographics, low rental vacancy, and significant population growth forecasts contribute to the area’s robust market fundamentals.
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693 Duchess Av
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