778-653-8109
357 42nd Av W, Vancouver, BC for Sale
Residential LAND - FOR SALE
1/3
18,853 SF

357 42nd Av W
Vancouver, BC V5Y 2T3


HIGHLIGHTS

  • 18-storey tower designation in place — no rezoning, no public hearing required
  • 530 ft (160 m) to Oakridge–41st Avenue Station on the Canada Line
  • 18,861 sq ft assembled site — three R5-1 lots, 154.6 ft frontage, consolidation requirement satisfied
  • Six tower projects approved or advancing within 150 m at 4.71–6.73 FSR
  • Steps from Oakridge Park, BC's largest development project (~4.4 million sq ft)
  • Positioned for affordable workforce and seniors housing — potential DCL waivers for qualifying projects

OVERVIEW

Most projects don't pencil right now — density is cheap, certainty is expensive, and a rezoning queue runs straight through the next election. 357–393 West 42nd Avenue removes those variables: three assembled R5-1 lots totalling 18,861 sq ft with 154.6 ft of frontage, designated under Cambie Corridor Phase 3 for a tower of up to 18 storeys, with the consolidation requirement satisfied — no rezoning, no public hearing, direct to development permit. The site sits 530 ft from Oakridge–41st Avenue Station on the Canada Line and steps from Oakridge Park, British Columbia's largest development project, with six tower projects approved or advancing within 150 m at densities of 4.71 to 6.73 FSR. The assembly is positioned for affordable workforce and seniors housing — the one product the 2,000+ units in the surrounding pipeline are not building — and qualifying projects may be eligible for development cost levy waivers that materially change the arithmetic. Offered without a published price. Contact the listing team for pricing guidance and DCL scenario analysis.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units, Apartment Units - Senior, Apartment Units - Subsdzd

LAND ACRES

0.43 AC

LAND SF

18,853 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

R5-1

APN/PARCEL ID

008235210,010081011,010337351

ASK ABOUT THIS PROPERTY

Seth BakerMultifamily Real Estate ServicesMore Info
778-653-8109

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Seth BakerMultifamily Real Estate ServicesMore Info
778-653-8109

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.