Commercial Land for sale
3138 Renfrew Street, Renfrew Heights, Vancouver
$2,200,000
Features
Year Built
1974
Total Space Avail. For Lease (Rent)
2386 sqft
Lot Size
4,016 sqft
Gross Property Tax
$5,127.71 /year
Zoning
RS-1
Permitted Land Use
Multifamily (5+), Residential
Water Supply
Municipal
Sewer/Septic
Municipal/Community
Description
Opportunity to acquire an assembled site of 28,106 square feet situated on the corner of Renfrew and East 16th Ave. 2 blocks away from the busy intersection of Renfrew and Grandview Highway, full of daily amenities. 450 m and 7 minutes of walking takes you to the Renfrew Skytrain Station. This transit-oriented property is part of a 7-lot assembly on the 3100 block of Renfrew Street. This corner development site boasts close to 231 feet in frontage. Convenient & walkable location, this neighborhood has high demand for rental apartments and low vacancy rates. The CoV has Secured Rental Policy for Low-Density Transition Areas which can be referenced and used as guidance to redevelop into a much needed higher-density rental supply in Vancouver. The policy shows sites may potentially achieve up to 6-stories rental apartment development. The upcoming Renfrew Station Area plan will further increase the development capability and desirability of this site as a multifamily development. Call or e-mail for info.
MLS® Number C8042398