About This Property
Potential 19,537 SF Land Assembly in the heart of Dunbar. Located on the Southeast corner of Dunbar Street and the tree lined West King Edward Avenue. Currently zoned R1-1 with the options to develop townhomes & seniors residence. Higher density rental and commercial property re-zoning is possible. Potential to re-zone to RR-3B Residential Rental / Retail Ground Floor, 3.0 FSR, Up to 6 stories with 130 Feet of commercial frontage on Dunbar Street. Beautiful City, Ocean and Mountain views from the upper floors of a new development. A great neighbourhood to call home. Just steps to Stong´s Market, Shopper and London Drugs, public transportation, schools and parks. Buyers must contact the City of Vancouver to verify all matters regarding land assembly development. (id:64973)
At $1,392 per square foot, this Dunbar property is priced well above the Vancouver average of $1,200 per square foot, indicating a premium for its potential redevelopment value. With the option to rezone for a higher-density rental and commercial use, this listing is well-suited for experienced developers seeking a sizable land assembly opportunity in a desirable Vancouver neighbourhood.
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