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2900-2926 Fraser St
Vancouver, BC V5T 3W1
Land For Sale
·
0.33 AC
INVESTMENT HIGHLIGHTS
- A number of active development applications demonstrate a strong shift toward densifying the neighborhood and potentially achieving a higher FSR.
- Corner Lot with over 120 feet of frontage on Fraser Street.
- Flexible wood-frame or concrete development opportunity in one of Vancouver’s fastest growing neighbourhoods.
EXECUTIVE SUMMARY
Cushman & Wakefield is pleased to present the opportunity to purchase 2900, 2916, and 2926 Fraser Street, a 14,396 square foot corner lot designated for 6 to 18 storey mixed-use residential development. Located within the Broadway Plan – MRTC policy area, the Property offers frontage on both Fraser Street and East 13th Avenue. The site is situated in the vibrant Mount Pleasant neighbourhood, and is currently improved with three single family homes.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 0.33 AC |
| Zoning | RT-5 - Two-Family Dwelling District | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.33 AC |
| Zoning | RT-5 - Two-Family Dwelling District |
1 LOT AVAILABLE
Lot 1
| Price | $9,800,000 CAD | Lot Size | 0.33 AC |
| Price Per AC | $29,653,208.75 CAD |
| Price | $9,800,000 CAD |
| Price Per AC | $29,653,208.75 CAD |
| Lot Size | 0.33 AC |
14,396 SF/0.33 acres of level, previously-developed land for redevelopment.
DESCRIPTION
Located on the south east corner of Fraser Street and East 13th Avenue, the 14,396 square foot lot boasts approximately 122 feet of frontage on Fraser Street, and 118 feet of frontage on East 13th Avenue. The Broadway Plan - MRTC policy area provides flexibility for redevelopment. It allows for high-density, mixed-use residential development of up to a 5.5 FSR and 18 storeys in height, including a 20% below-market component. Alternatively it permits wood-frame development with an FSR of 3.5-3.7, and heights of up to 6 storeys, with no below-market component.
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