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Prime Development Property in South Cambie For Sale by Court Order

851 W 28th Ave, Vancouver, BC V5Z 2H6
18,742 SF   |   $10,500,000.00
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Description

Address

851 W 28th Ave, Vancouver, BC V5Z 2H6

Opportunity

Lee & Associates Vancouver is proud to present the exclusive opportunity to acquire 851 West 28th
Avenue, Vancouver — an 18,742-square-foot development site located within the Cambie Corridor Plan. The property had plans for 20 townhomes and offers potential for rezoning under the Transit Oriented Area (TOA) framework permitting development of up to eight storeys.

Features

  • Townhouse redevelopment opportunity in South Cambie
  • Rezoned to RM-8A
  • Plans for 20 townhomes and a buildable area of 22,981.52 SF
  • 50 feet from BC Children’s and Women’s Hospitals
  • Proximity to Queen Elizabeth Park, and Van Dusen Gardens
  • High-demand area for luxury condo and rental product
  • Optional assembly potential with neighboring lots (currently listed)

Offering Process

Detailed property information and due diligence materials will be made available to qualified parties upon execution of a Confidentiality Agreement (CA).

This offering for sale is by court order, and all offers for the property will be subject to approval by the Supreme Court of British Columbia.

Property Details

Property Status For Sale
Property Type Development
Property Size 18,742 SF
Lot Size 18,742 SF
Zoning RM-8A
Price $10,500,000.00
Property Taxes $62,134.60
Download Property Sheet