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463 W 59TH Avenue in Vancouver: South Cambie Land Commercial for sale (Vancouver West) : MLS®# C8066388

463 W 59TH Avenue Vancouver V5X 1X4 : South Cambie

Main Photo: 463 W 59TH Avenue in Vancouver: South Cambie Land Commercial for sale (Vancouver West) : MLS®# C8066388
$20,000,000
Prop. Type:
Land Commercial
MLS® Num:
C8066388
Status:
Active
463 West 59th Avenue is a rare opportunity to acquire a 24,004 square foot (0.55 acre) Residential Development site in South Vancouver. The Property is situated within a number of recently built condominium projects including Belpark, Park House, Yukon Residence, Winona, and Cambie Gardens. The Subject Property is designated as Apartment (Up to 6-Storeys) under the Marpole Community Plan (Cambie), allowing for 2.55 FSR and density of up to 60,010 square feet. The rezoning of the Property was approved in principle at the public hearing on February 26, 2019.
Sale Type:
Asset
Name of Complex/Subdivision:
# Other Units:
Total Floor Area:
Switch units of measure24,000 sq. ft.
Lot Area:
Switch units of measure0 sq. ft.
Lot Depth:
120
Lot Frontage:
Switch units of measure200'
Land Use/Zoning:
R1-1
Permitted Use:
Multifamily (5+)
Taxes:
$143,477 / 2024
Services Connected:
Fully Serviced
Water Supply:
Municipal
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
Listed by CBRE Limited
Data was last updated April 2, 2025 at 05:05 PM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2025 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.