Vancouver Housing Guide

Address: 5018 Clarendon St. Vancouver, BC – NORQUAY – SOLD

Price: $1,599,000

SOLD: $1,820,000

Sold in 8 Days

Sale Date: Sept 1, 2015
Bedroom: 6
Bathroom: 4
House Size: 3052sqft
Lot dimensions: 52 x 104

Lot Size: 5408 sqft
Built: 1988
Zoning: RM7

FSR: 1.2

Buildable: 6489 sqft
Area: Vancouver East – Norquay Village

Description:

Spectacular CORNER LOT in the heart of NORQUAY VILLAGE ready for development. 52′ x 104′ for a total 5408 sqft of LAND. ZONING is already RM7 and allows for multifamily development including townhomes and stacked townhouses for potential 1.20 FSR. House does need some TLC. Most of the value is in LAND DEVELOPMENT.

All information should be checked with the City of Vancouver.

Other useful information on the Norquay Village development

Norquay Village Development Map

Norquay-village-plan-stacked-rowhouse-townhouse-zone

RM-7&RM-7N Disctrict Schedule

RM7 townhouse zoning guildelines

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PROPERTY DETAILS:

ADDRESS: 10925 University Dr. Surrey

FAR: 5.5 (from OCP) + 20% Potential Bonus Density

SITE SIZE: 37630sqft

BUILDABLE POTENTIAL: 206,000 – 248,000 sqft based on OCP

ZONING: CD

PRICE: Call for pricing

Comments:

RARE high rise development opportunity in Surrey City Center. 5.5 FAR with potential to make it 6.6FAR right next to Gateway Skytrain station. Bare land on a flat lot right next to an existing residential tower. Site area is 37633 appx with a buildable of appx 248,000sqft. The area is one of the fastest growing neighbourhoods in Western Canada. A lot of the service work is already setup, due to neighbouring property. This is a share sale.

Call Eni at (778)371-1534 for more info or fill out the contact form to receive a information package.

*All potential FAR densities are taken from the OCP and depend on negotiations with the City of Surrey. Up to 20% Bonus density is offered by the City of Surrey if certain requirements are met in terms of specific design guidelines.

Recently sold.

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Call Eni at (778)371-1534 for more info or fill out the contact form to receive a information package.

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