174 W 11th Ave, Vancouver, BC V5Y 1S7

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

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List Price
$4,200,000
Status
ACTIVE
MLS® #
R3071776
Year Built
1913
Subtype
Other
Style
Other
Stories
1
Bedrooms
1
Total baths
1
Living Area
1,000
Area
Vancouver West
Community
Mount Pleasant VW

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.

Additional Information

Lot Size
4,880
Acres
0.11
Region
Vancouver West
Title To Land
Freehold NonStrata

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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.