Residential Development Assembly 2 Multifamily Properties in Vancouver, BC

This transit-oriented land assembly at 1346 and 1336 East 2nd Avenue presents a rare opportunity to acquire two contiguous lots in Vancouver’s Grandview-Woodland neighborhood, just 400 meters from the VCC–Clark SkyTrain Station. The properties are zoned RM-4, allowing for 100% secured rental development up to six stories and 2.4 FSR. The site also qualifies for rezoning under the Transit-Oriented Area (TOA) bylaw, enabling heights up to 12 stories and a potential 4.0 FSR.
Each parcel offers stable holding income with rental upside, and the ability to purchase individually or as a complete assembly. The existing buildings include a 1973 duplex and a 1912 multi-family rowhouse, with a 1911 single-family rowhouse adjacent at 1332, which is a designated Historic Place of Interest, available through another brokerage. This designation opens the door to potential heritage incentives, including increased height and density, subject to rental unit replacement.
The site’s elevated position offers panoramic views of Downtown Vancouver and the North Shore mountains, while its location within the Britannia-Woodland sub-area ensures proximity to parks, schools, and retail amenities. With clean Phase 1 environmental status and multiple redevelopment pathways—including multiplex, townhomes, six-story wood-frame, or twelve-story mixed-use—this is one of East Vancouver’s most compelling investment offerings.