The property at 2600 East 49th Avenue in Vancouver is zoned CD-1 (7B), a rare designation that falls outside existing plan areas and current rezoning policies, allowing for flexible rezoning to maximize density and use. The City of Vancouver supports rezoning inquiries for this site. For comparison, the property across the street at 2611 East 49th Avenue is zoned C-2, which permits up to 3.5 FSR and a six-story mixed-use development. Notably, only two lots in Vancouver carry the CD-1 (7B) zoning, the other being at 6620-6680 Elliott Street. This site is ideal for mixed-use residential or rental development, benefiting from strong transit access, street frontage, and laneway access. Additionally, four adjacent detached properties— 2612,2638, and 2662 East49th Avenue, along with 6505 Wales Street—have expressed interest in joint acquisition, which could add approximately 21,008 square feet to the overall development footprint.