174 West 11TH Avenue, Vancouver, British Columbia V5Y1S7

Listing courtesy of eXp Realty.

$4,200,000
1
BD
1
BA
1,000
SqFt

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List Price
$4,200,000
MLS®
R3071776
Days on Market
239
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
1
Bathrooms
1
Living Area
1,000
Lot Size Dimensions
4880.75
Lot Size
4,880

Property Description

Prime redevelopment opportunity in Mount Pleasant within Vancouver´s Broadway Plan - MRTB (Mount Pleasant RT Areas, Area B). This site supports up to 18 storeys and 5.5 FSR for residential with retail/service at grade. The neighbouring property at 174 W 11th Ave is also available for purchase, allowing a combined frontage exceeding the 150 ft. minimum required for tower form under the Plan. When assembled, the properties create an exceptional high-rise or large mixed-use secured rental development site with strong policy support. Broadway Plan policy requires 20% of net residential floor area to be delivered as secured below-market rental. Unmatched location steps to the future Broadway-City Hall and Mount Pleasant Stations, Main Street retail and restaurants, and VGH. (id:5764)

Additional Information

Ownership
Freehold
Country
Canada
Lot Size
4,880

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