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1688 Marine Dr SW - Six-Home Multiplex Development | SW Marine Dr 0.35 Acres of Residential Land Offered at $6,388,000 CAD in Vancouver, BC V6P 6A9



Investment Highlights
- DP Approved | 6 Homes | Building Permit Ready
- Covered Garages | Gated Access | Amenity Fee on Garage Only
- Adjacent City Greenspace | Arbutus Greenway | Minutes to YVR
- 15,135 SF Lot | 10,600 SF Buildable | 0.70 FSR
- 3 Detached Homes + Duplex | All Ground-Oriented
- All 8 Reports Complete | Wood-Frame | No Underground
Executive Summary
Property Facts
| Price | $6,388,000 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Redevelopment Project | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.35 AC |
| Zoning | R1-1 - Zoned R1-1, designated SSMUH. The approved program achieves 0.70 FSR across 10,600 sq ft buildable. Intentionally not a max-density box product. | ||
| Price | $6,388,000 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.35 AC |
| Zoning | R1-1 - Zoned R1-1, designated SSMUH. The approved program achieves 0.70 FSR across 10,600 sq ft buildable. Intentionally not a max-density box product. |
1 Lot Available
Lot
| Price | $6,388,000 CAD | Lot Size | 0.35 AC |
| Price Per AC | $18,385,273.36 CAD |
| Price | $6,388,000 CAD |
| Price Per AC | $18,385,273.36 CAD |
| Lot Size | 0.35 AC |
15,135 SF R1-1 lot, SSMUH designated. DP approved for 6 dwelling units across 4 buildings — 3 detached homes + duplex. 10,600 SF buildable. All prior-to conditions met. Proceed directly to building permit. SW Marine Dr, Vancouver.
Description
Shovel-ready six-home multiplex development on a 15,135 sq ft Westside lot. Development permit approved with all prior-to conditions satisfied. A buyer advances directly to building permit. Build six strata-titled dwelling units across four buildings — three large detached family homes and a ground-oriented side-by-side duplex. Every home has a covered garage. Strata amenity fees apply to the garage only. The lot sits adjacent to greenspace in a park-like setting on SW Marine Drive between the original Golden Mile and Marpole. Building A is a 2,666 sq ft five-bedroom detached home with a 900 sq ft ground-level suite. Building B pairs a 1,768 sq ft three-bedroom with roof deck above an 860 sq ft two-bedroom ground suite with private patio. Building C is a 1,768 sq ft detached two-storey rear residence. Building D is a side-by-side duplex — two 1,768 sq ft three-bedroom homes, both ground-oriented. The product mix is designed for the end-buyer already active in this corridor — affluent, family-oriented, and underserved. Average household income within one kilometre is $124,517. The $300K+ cohort has nearly tripled since 2020. Only 589 owned dwellings exist within 500 metres. Top demographic segments index at 16× the national average for high-income, homeownership-driven families. Demand is not a question here. Inventory is. All eight major consultant reports are complete and on file — architectural, civil, electrical, geotechnical, environmental, arborist, archaeological, and survey. Wood-frame construction throughout. Rare covered parking garages. Rear lane access. No underground. No amenity fee on residential. R1-1 zoning, SSMUH designated. 10,600 sq ft buildable at 0.70 FSR. Cooperating fee offered for buyer's agents.
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1688 Marine Dr SW - Six-Home Multiplex Development | SW Marine Dr
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