FOR SALE | FUTURE DEVELOPMENT SITE WITH ASSEMBLY POTENTIAL 664 WEST 71ST AVENUE VANCOUVER, BC
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SW Ma MARINE GATEWAY STATION
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e th ea Chris McIntyre
Personal Real Estate Corporation
D 604.630.3392 C 604.889.0699 chris.mcintyre@lee–associates.com
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SUBJECT
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FOR SALE | DEVELOPMENT SITE 664 WEST 71ST AVENUE VANCOUVER, BC
Location
W 70th Ave
This corner site is strategically located on the south side of
West 71st Avenue and half a block west of Ash Street in the Marpole Community Plan. The property is approximately a
10 minute walk to rapid transit (Marine and Cambie). The site
is also close to Marine Gateway, which offers excellent dining,
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groceries, and entertainment options. This area has emerged
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into a key hub between YVR airport, North Richmond, and
Zoning
The property is currently zoned RT-2 (Two Family Dwelling).
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The Marpole Community Plan has designated the site
ASSEMBLY POTENTIAL
Ash St
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excellent proximity to parks, bike routes, and schools.
Cambie St
W 71st Ave
Downtown Vancouver. Furthermore, the area provides
Apartment with choice of use at grade (up to 6 storeys).
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The maximum FSR for a residential projects under this
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St
designation is 2.5.
Assembly Potential
There’s potential to assemble the four (4) remaining
RT-2 zoned lots on this block. Should the entire block be assembled, the total site area is approximately 20,737 SF
(165’ x 126’). The maximum potential density is 51,840 SF based on a 2.5 FSR. Contact agent for details.
Community Amenity Contribution (CAC)
Rezoning applications are subject to a $55 PSF CAC fee, which is applied to the net increase in density from the existing zoning to the new zoning.
Lot Size
33’ x 126.08’ (4,169 SF)
Property Taxes (2017) $5,295.24 PSF
For more information please contact Chris McIntyre
Personal Real Estate Corporation
D 604.630.3392 C 604.889.0699 chris.mcintyre@lee–associates.com
Price
$4,500,000.00
Disclaimer: Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. © Lee & Associates Commercial Real Estate (BC) Ltd. All Rights Reserved. 12/08/17.
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