3998 Granville Street
- Vancouver
- Multifamily, Development Site
- 20,000 SF
Property Description
OPPORTUNITY
3998 Granville Street, Vancouver, BC, represents a significant redevelopment opportunity in the distinguished First Shaughnessy neighbourhood. This expansive 100’ x 200’ lot spans half a block, offering a unique opportunity for upscale lowrise building or luxury condominium development in a city facing a notable housing shortage. Its close proximity to UBC and prestigious schools makes it an even more attractive proposition. For well capitalized investors seeking a rarely available development site under a Heritage Revitalization Agreement (HRA) in the highly exclusive First Shaughnessy neighbourhood.
LOCATION
Positioned in Vancouver’s prestigious First Shaughnessy neighbourhood, 3998 Granville Street emerges as a beacon of luxury and convenience. Perfectly situated, this property enjoys a prime connection to Vancouver’s core neighborhoods and cultural hubs. The property’s accessibility to arterials like Oak Street and West King Edward Avenue ensures swift commutes, with downtown Vancouver merely a short drive away. Moreover, being in close proximity to UBC, the esteemed VanDusen Botanical Garden, and a cluster of top-ranked schools heightens its allure. The First Shaughnessy neighbourhood, with its blend of historical opulence and urban amenities, positions 3998 Granville Street as an unparalleled opportunity for developers seeking a rarely available opportunity to make their mark along Granville Street in Vancouver’s most exclusive neighbourhood.
Additional Property Details
Legal Description | LOT 1, BLOCK 69, PLAN VAP4502,DISTRICT LOT 526, NEWWESTMINSTER LAND DISTRICT PID: 011-530-073 |
Frontage (approx) | 200 FT along Granville Street |
Zoning | FSHCA (First Shaughnessy HeritageConservation Area) |
Property Tax (2023) | $15,100.14 |