Retail / Multifamily / Other
Rarely available, C-2 development site in Kerrisdale. The property is currently improved with a wood frame with concrete parking structure, containing nine residential and one commercial unit, providing potential holding income. The complete development site is approximately 11,443 SF with 95 FT of frontage along West Boulevard.
Under the C-2 zoning, the height of the building is restricted to 13.8m, and under section 4.7 of the C-2 zoning schedule, the floor space ratio is not to exceed 0.75 FSR. The expectation is that the Director of Planning for the City of Vancouver may approve a floor space ratio (FSR) of up to 2.5 x for mixed uses. Similar developments in the area along West and East Blvd have achieved 2.3 FSR and upwards of 3.25 FSR for mixed-use rental developments.
Available Space11,443 ft²
The property is situated directly across from the Arbutus Greenway, a 5.4-mile biking and walking path, providing excellent commuting accessibility.
Kerrisdale exceeds Vancouver and Metro Vancouver in total annual income, and as a result, the average total expenditure per household is $135,833, significantly higher than Vancouver ($84,710) and Metro Vancouver ($87,106).
Property TypeRetail / Multifamily / Other