A parcel of development land near the King Edward SkyTrain station stop on the Canada Line has sold for $11.95 million, William Wright Commercial reports.
The 10,129-square-foot lot currently includes a 1,553-square-foot single-family home. The property is prominently positioned on a significant traffic route, boasting incredible exposure onto Cambie Street and north facing views of the North Shore mountains and downtown Vancouver, with 2.5 FSR under the Cambie Corridor Official Community Plan.
The property is located at 486 W 26th Ave., Vancouver.
Breakdown:
Price: $11,950,000
Lot Size: 10,129 SF
Property Type: Development Land
Zoning: RS-1
2017 B.C. Assessment Value: $7,975,000
Date of Sale: 05/17/2018
City: Vancouver
Province: B.C.
Name of Brokerage: William Wright Commercial
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