Rental building for sale with development potential.1065 Burnaby Street -
Century 21 In Town Realty and Avison Young are pleased to present this unique opportunity to acquire a 6,550-sf high-density residential development site located at 1065 Burnaby Street, in the highly sought-after West End neighbourhood of Downtown Vancouver, BC. Within the new West End Community Plan (Burrard Corridor Area 'G'), the Property is designated as high-density, high-rise residential development up to 300 feet in height. This lot can be combined with the adjacent lot at 1045 Burnaby Street, a 17,285-sf high-density residential development site, currently also being sold by Avison Young.
The Property falls within the Burrard Corridor Area ‘G’ of the West End Community Plan (WECP) which designates the Property as high-density residential development up to 300 feet with floor plates up to 5,500 sf. New developments in this sub area should be in the form of a tower with landscaping at grade (i.e., “tower in the park”), and require at least 25% of the total floor area to be social housing and a minimum site frontage of 130 feet.
The Property benefits from its unparalleled location on a beautiful tree-lined street in the West End of Downtown Vancouver, one of the most desirable and liveable neighbourhoods in Canada.
Located just one block from Burrard Street, one of Downtown Vancouver’s main thoroughfares, and two blocks from bustling Davie Street, the Property offers residents everything they need right on their doorstep. With excellent transportation options, all the perks of urban living from its nearby restaurants and essential amenities, and the beauty of Vancouver’s parks and waterfront just minutes away, the location could not be better for anyone who wants to enjoy all that the City of Vancouver offers.
Walk Score: 94 “Walker’s Paradise”:Daily errands do not require a car.
Transit Score: 98 “Excellent Transit”:Transit is convenient for most trips.
Bike Score: 92 “Biker’s Paradise”Mostly flat, excellent bike lanes.
- High-density residential development up to 300 feet
- 50 feet of frontage along Burnaby Street
- currently improved by a 15-unit rental building.
- Potential holding income.
- Stunning and unobstructed views from a potential development.
- Located in the highly sought-after West End of Downtown Vancouver,BC.
For more information please contact Sanjin Cvetkovic at 604-771-6415.
- Property ID: 101215035
- Status: Active
- New Construction: No
- Estimated Annual Taxes: $11,053
- Style: Residential
- Storeys: 3
- Lot Area: 6,550.00 Square Feet
- Neighbourhood: Wes End
- Year Built: 1956
- Parking Type Description: Attached 0 cars
- Lot Size: 50x131