5229-5249 Ash Street

Vancouver, British Columbia

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For Sale

Stats

  • Property Type Land - Residential
  • Size (Ac) 0.38
  • Price $10,500,000 CAD

Overview

Avison Young is pleased to present an opportunity to purchase 5229-5249 Ash Street, Vancouver, BC (the “Property”). The Property is a premier 16,369-sf future development site, allowing a developer the opportunity to build a condo or rental project. A condo development is permitted on the site up to a height of 4 storeys and a 2.0 FSR. A rental development is permitted at a 2.5 FSR maximum density at a height of 6 storeys. The vendor has engaged in discussions with the City of Vancouver who have indicated additional density may be possible for a rental development (contact listing agents for access to preliminary plans available in the data room).

Highlights

Excellent location in proximity to Queen

Elizabeth Park, Oakridge Centre, and an

abundance of schools and amenities

16,369-sf condo or rental development site

Multiple built forms possible (condo

development at 2.0 FSR or rental

development at 2.5 FSR are supported by

the current area plan)
Preliminary discussions with the City indicate

potential for additional density for a rental

development may be possible

Strong presale pricing for new condos in the

neighbourhood is being achieved (Thesis by

Alabaster Homes presales illustrate an average

of $1,470 per sf)

Location Map

Downloads

Ash Street Brochure

Team

Michael Buchan

Michael Buchan

Principal
Avison Young
+1 604 647 5079
Carey Buntain

Carey Buntain

Principal
Avison Young
+1 604 647 1352
Chris Wieser

Chris Wieser

Principal
Avison Young
+1 604 647 5089
Kevin Murray

Kevin Murray

Vice President
Avison Young
+1 604 260 1873
Megan Low

Megan Low

Associate
Avison Young
+1 604 646 8389

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