30,060 SF Joyce Skytrain Land Development Site

Multi-Family for Sale
Catylist Listing ID: 30611551
Property Subtypes: High-Rise, Mid-Rise
Building Status: Proposed
Number of Units: 23 Units
Building Size (RSF): 190,000 SF
Gross Building Area: See Agent
Gross Land Area: 30,060 SF
Sale Price: $39,888,000
Unit Price: $1,734,260.87 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Last Updated: 9/15/2020

Overview / Comments

This is a 3 lot land assembly development site on Joyce Street just steps to the Skytrain Station. With 280 feet of frontage on Joyce this is an excellent opportunity for a developer to design and build a mixed use community, with residential, retail and commercial. The site is envisioned as a 130 foot tower and a podium form. The JC2 Local Area Plan indicates a 5.0 FSR and with additional FSR being available if one full floor of commercial is provided in the podium and 3 extra residential floors in the tower if rental and 20% non market. Podium floor plates are estimated at 20,000 sq feet and tower floor plates estimated at 7,000 sq feet. A combined overall buildable of 191,000 or FSR of 6.36.

Attachments & Media

Additional Details

Nearest CMA: Vancouver
Regional District: Greater Vancouver
Parcel ID: 015-097-129, 015-097-137, plus 21 strata
Zoning: JC2
Zoning Description: JC2
Lot Frontage: 280
Lot Depth: 105

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Photograph of Listing Agent

Larry Traverence

Dexter Associates Realty
Commercial First Member
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