Address: 677 E 7th Ave, Vancouver, BC V5T 1N9, Canada
Created date: November 10, 2024
Date last updated: November 10, 2024
- Walking distance to three (3) future Broadway stations on Main St/E Broadway, Emily Carr Station, and VCC Clark
- Corner lot with efficient site dimensions to maximize revenue on redevelopment (173 ft x 122 ft)
- Development potential of up to 6.50 FSR and 20 storeys
Property Description
Avison Young is pleased to market for sale 677 East 7th Street, Vancouver, BC (the “Property”). The Property is improved with a 42 unit apartment building situated on a 21,155-sf residential development site with significant exposure along East 7th Avenue. Situated in the heart of Vancouver’s Mount Pleasant neighbourhood, the Property is designated as Mount Pleasant North Apartment Area– Area B within the Broadway Plan. This land designation promotes the development of high-rise rental apartment buildings permitting a density of up to 6.50 FSR and height of 20-storeys. For developers seeking to establish themselves in a thriving and sought-after neighbourhood, the Property presents an exceptional opportunity. The surrounding Mount Pleasant area offers a wealth of amenities and recreational activities, further enhancing the desirability of the location.