2388 Galt Street

$7,200,000 |   MLS® Number  C8073130

Commercial Land for sale in Victoria VE, Vancouver, Vancouver East, 2388 Galt Street, 224978199 | Realtylink.org

Commercial Land for sale

Lot Size
12,241 sqft
Gross Property Tax
$36,424.40 /year
Zoning
RM-9A
Permitted Land Use
Multifamily (5+), Residential
91

Avison Young is pleased to present the opportunity to acquire 2388 Galt Street, Vancouver, BC (the “Property”). Situated in the heart of East Vancouver, this offering provides a premier development site in the Norquay Village area, one of East Vancouver’s largest growth areas. The Property is ideally situated just off Kingsway, within a vibrant urban corridor experiencing a surge in residential consumers and benefiting from transit-oriented panning policies in the heart of Vancouver. This location is surrounded by an abundance of schools, vibrant retail, key transit-oriented connections, with proximity to downtown Vancouver and surrounding municipalities. Currently, there are plans in-place with an approved building permit for a 4-storey, 28-unit condominium project, streamlining a path to development. The opportunity also exists to increase the density to a 3.0 FSR over 8-storeys, under the newly adopted TOD legislation.