540 West 65th Avenue and 8120-8168 Lord Street present an opportunity to acquire a transit-oriented multifamily redevelopment site in Vancouver’s Marine Gateway neighbourhood. The property consists of six assembled parcels totaling 33,153 square feet and benefits from an approved rezoning application that would permit development of a six-storey wood-frame rental project. Existing plans contemplate a 146-unit rental community featuring a predominately market-rental unit mix, shared resident amenities, landscaped outdoor areas, and underground parking.
The site is positioned adjacent to Ash Park and less than a one-minute walk from Marine Drive SkyTrain Station on the Canada Line, providing direct regional transit connectivity to Downtown Vancouver, Richmond, and Vancouver International Airport. The surrounding Marine Gateway district offers a concentration of retail, service, entertainment, and daily-needs amenities, including grocery, pharmacy, fitness, and dining options that support long-term residential demand.
In addition to the approved six-storey development concept, the property's location within a Tier 1 Transit-Oriented Area creates the potential for a future rezoning application that may support substantially greater density, subject to municipal approvals. This provides investors and developers with flexibility to pursue the existing approved rental project, evaluate higher-density redevelopment scenarios, or consider alternative development strategies consistent with applicable planning policies.
The combination of approved development entitlements, proximity to rapid transit, established neighbourhood amenities, and future density potential positions the property as a redevelopment opportunity within one of Vancouver's most active transit-oriented residential corridors.