EXCELLENT OPPORTUNITY FOR BUILDERS OR DEVELOPERS ON THIS 65.72 X 120 LEVEL CORNER LOT, CONSISTING OF 2 LEGAL SUBDIVIDED 32.86 WIDE LOTS WITH TWO P.I.D.S, THE RM-4 ZONING ALLOWS THE BUILDING OF TOWNHOMES OR APARTMENTS WITH UP TO 1.45 FLOOR TO SPACE RATIO, APPROXIMATELY 9 TO 12 TOWNHOMES & UP TO 4 STORIES HEIGHT WITH POSSIBLE VIEWS OF DOWNTOWN OR 2 HALF DUPLEXES ON EACH LOT FROM .60 TO 1.00 FLOOR TO SPACE RATIO OR A SINGLE HOUSE + A COACH HOUSE ON EACH LOT WITH FROM .75 TO 1.00 FLOOR TO SPACE RATIO. ALL ON AN EXQUISITE TREE-LINED STREET ON A CALMED ONE WAY BIKE-ROUTE IN A PICTURESQUE NEIGHBORHOOD IN THE VERY POPULAR COMMERCIAL DRIVE AREA. WALK TO RESTAURANTS, SHOPS, SCHOOL, PARK, TRANSPORTATION, BRITANNIA COMMUNITY CENTRE & ONLY MINUTES TO DOWNTOWN. A GREAT INVESTMENT!!
| Structures | Land Only |
|---|
| Price | $2,759,000 |
|---|---|
| Property Type | Land |
| Building Name | Commercial Drive |
| Ownership Type | Freehold NonStrata |
| Community Features | Near Shopping |
| Utility Type | Sanitary Sewer Available, Storm Sewer Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Cable Connected |
| Water (WaterSource) | Public |
| Lot Size | 7886.4 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 65.72 |
| MLS® # | R3090475 |
| Area | Vancouver East |
| Neighbourhood | Hastings |
| City | Vancouver |
| Postal Code | V5L 2E5 |
| Gross Taxes | $11,671 |
| Zoning | RM-4 |
Listed by: RE/MAX City 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 | $2,608,000 | $75,600 | $2,683,600 |
-7.7%
|
| 2025 | $2,898,000 | $10,000 | $2,908,000 |
-6.1%
|
| 2024 | $3,087,000 | $10,000 | $3,097,000 |
+0.0%
|
| 2023 | $3,087,000 | $10,000 | $3,097,000 |
+9.0%
|
| 2022 | $2,830,000 | $10,000 | $2,840,000 | — |
Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar properties average $2,872,667 across 2 active listings — this listing is 4% below the Vancouver average.
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