$2,100,000
Located in the vibrant Grandview-Woodland neighborhood, 1654 E Pender Street, Vancouver, BC, is a 33' x 122' lot offering remarkable development potential. Currently zoned RM-4, it allows for a duplex with up to 1.0 FSR, while the Grandview-Woodland Community Plan unlocks the possibility for up to 3.0 FSR and 6-storey rental development, providing substantial investment upside. Just steps from Commercial Drive and with convenient access to downtown, the property enjoys proximity to parks, schools, transit, and a host of local amenities, making it an exceptional opportunity for investors and developers in a prime, rapidly evolving area.
| Structures | Land Only |
|---|
| Price | $1,650,000 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Utility Type | Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Natural Gas Connected, Cable Connected |
| Water (WaterSource) | Public |
| Lot Size | 4071.14 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 33.37 |
| MLS® # | R2959882 |
| Area | Vancouver East |
| Neighbourhood | Hastings |
| City | Vancouver |
| Postal Code | V5L 1W3 |
| Gross Taxes | $7,560 |
| Zoning | RM-4 |
Listed by: Sutton Group - 1st West Realty
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,579,000 | $33,000 | $1,612,000 |
-9.8%
|
| 2025 | $1,755,000 | $31,600 | $1,786,600 |
-1.7%
|
| 2024 | $1,784,000 | $32,600 | $1,816,600 |
+2.2%
|
| 2023 | $1,745,000 | $32,600 | $1,777,600 |
+8.8%
|
| 2022 | $1,602,000 | $32,000 | $1,634,000 | — |
Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar properties average $1,994,999 across 3 active listings — this listing is 17.3% below the Vancouver average. This property is flagged as a Hot Deal (21.4% price reduction) based on its competitive pricing and market demand.
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