Westside rental site

1494 W 32nd Ave & 4750 Granville St, Vancouver

SOLD $12,700,000

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Property type Rental development site

Units 85 proposed

Lot size 37,938 SF

Zoning RS-5 One Family Dwelling

Development potential Plans submitted under IRP for rental

PID 010-998-276, 010-998-292

Legal description Lot 1 & 2 Block 791 District Lot 526 Plan 6011

Sale price $12,700,000

Sale date 10/25/2019

Overview

Rare opportunity to acquire a large Westside site improved with two single-family homes in Vancouver’s affluent Shaughnessy neighbourhood.

Site size: 37,938 SF
Plans submitted under Affordable Housing Choices Policy for rental
Proposed development: 4-storey rental building with 85 suites

Location

The subject property is located on the southeast corner of Granville Street and West 32nd Avenue in the Shaughnessy neighbourhood of Vancouver. Public transportation, shopping and banking is available in the immediate vicinity on Granville 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.

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