6505 WALES STREET - $3,000,000

Directions
Full size photo
$3,000,000
6505 WALES STREET
Vancouver, British Columbia V5S2R4
MLS® Number: R3110005
Vacant LandType

About This Property

This property is part of a Land Assembly and must be sold in conjunction with 2612 E 49th Ave, 2638 E 49th Ave and 2662 E 49th Ave (all on MLS). A lot size of approx 21,274 SF with a 185 FT frontage generally qualifies for rezoning under the COV's Secured Rental Policy(SRP) with total buildable of approximately 46,000 to 51,000 SF up to 5 storeys. All information, while deemed to be correct, is not guaranteed. Buyer or Buyer's Agent to verify with COV. Great Location across from Killarney Shopping Centre, short stroll to Corpus Christi School, Waverley & Sir Charles Kingsford-Smith Elementary, Killarney Secondary & Community Centre. Minutes to Champlain Mall, shops, cafe's, restaurants along Victoria Dr & Fraserview Golf Course. Transit on doorstep connecting you to the lower mainland. (id:64973)

Rose's Thoughts
Rose Marie Manno

At $141 per square foot, this vacant land in Vancouver presents a competitive value proposition compared to the city's average of $200-$300 per square foot for similar land parcels. This property is best suited for experienced developers or land assemblers looking to capitalize on the City of Vancouver's Secured Rental Policy and build a multi-unit residential project with up to 51,000 square feet of total buildable area.

Property Details

Lot Size5524 (5,524 square feet)
Property TypeVacant Land
Annual Taxes$8,834
CityVancouver
Postal CodeV5S2R4
MLS® #R3110005

Location

Interested in buying in Vancouver?

Rose Marie Manno is a 5-star rated REALTOR® serving Metro Vancouver & the Fraser Valley.

The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Canadian Real Estate Association. Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the FVREB, REBGV or CADREB, which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver, the Fraser Valley Real Estate Board, or the Chilliwack and District Real Estate Board.