Rental Development Site
4750 Granville Street, Vancouver
$5,900,000
Overview
Rezoning application submitted to city under Affordable Housing Choices Policy – now maxed out! No further applications permitted within 10 block radius – limited competition for end product!
Rare opportunity to acquire a large lot in Vancouver’s affluent Shaughnessy neighbourhood.
- Site size: 100’ × 175’ (17,500 SF)
- Architectural drawings and floor plans available
- Approx $150,000 spent to date
- Rezoning application submitted
- Proposed development: 4-storey rental building with 32 suites and 19 underground parking
- Potential FSR: 1.37
Location
The subject property is located on the east side of Granville Street between West 32nd Avenue and Minto Crescent in the Shaughnessy neighbourhood of Vancouver.
Transportation
West Broadway, West 12th, West 16th and King Edward form the major east-west traffic arteries across the city (direct bus access to UBC), while Oak, Granville and Cambie are the major nearby north-south traffic corridors which provide access to and from the downtown core and South Richmond (YVR).
Amenities
Public transportation, shopping and banking is available in the immediate vicinity on Oak Street. Additionally, the Cambie and South Granville corridors are excellent shopping destinations and offer tenants easy access to numerous amenities, art galleries, coffee shops, restaurants, banks and theatre, to name a few.
Travel Times
- 3 minutes to BC Children’s Hospital
- 5 minutes to Oakridge Centre
- 5 minutes to South Granville and Vancouver General Hospital
- 12 minutes to Downtown Vancouver
Suite mix
No. units | Average size | |
---|---|---|
Bachelor | No. units12 | Average size466 SF |
One bedroom | No. units8 | Average size468 SF |
Two bedroom | No. units5 | Average size703 SF |
3 bedroom | No. units7 | Average size950 SF |
Financials
Financing | Treat as clear title | |
---|---|---|
Assessment 2017 | Land Building Total | Land$4,140,000 Building$204,000 Total$4,344,000 |
Taxes 2018 | $12,144 |
The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by Goodman Commercial.
Contact
Mark Goodman
Personal Real Estate Corporation
mark@goodmanreport.com
(604) 714 4790
Cynthia Jagger
Personal Real Estate Corporation
cynthia@goodmanreport.com
(604) 912 9018
Goodman Commercial Inc.
560–2608 Granville St
Vancouver, BC V6H 3V3
Mortgage calculator
Contact
Mark Goodman
Personal Real Estate Corporation
mark@goodmanreport.com
(604) 714 4790
Cynthia Jagger
Personal Real Estate Corporation
cynthia@goodmanreport.com
(604) 912 9018
Goodman Commercial Inc.
560–2608 Granville St
Vancouver, BC V6H 3V3