Situated in Vancouver's esteemed 1st Shaughnessy district, this expansive 100' x 200' corner estate lot is a prime opportunity for developers. The property is primed for redevelopment, offering a highly coveted space for constructing an upscale townhomes or premium condo units. Currently, a modern, fully-renovated 5,350 sqft home resides on the property, potentially providing a steady stream of income. Close to UBC and top-ranked schools, the lot is an attractive investment for those looking to capitalize on its location and zoning benefits. This property presents a straightforward path to a high-value redevelopment project.
Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated April 6, 2024 at 06:10 PM (UTC)
Area Statistics
Listings on market:
73
Avg list price:
$8,500,000
Min list price:
$3,849,900
Max list price:
$25,880,000
Avg days on market:
89
Min days on market:
2
Max days on market:
768
Avg price per sq.ft.:
$1,474.71
These statistics are generated based on the current listing's property type
and located in
Shaughnessy. Average values are
derived using median calculations.
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