2388 Galt Street
Vancouver, BC
FOR SALE
Property Details
- Lot Size 12,241 sf (0.24 acres)
- Current Zoning RM-9A 4-Storey Low Rise Apartments
- TOD Designation Tier 3 - 3.0 FSR (8-storeys)
- Financing Treat as clear title
- Pricing Guidance $7,200,000
Opportunity
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.
