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3998 Granville Street

  • Vancouver
  • Multifamily, Development Site
  • 20,000 SF
For Sale

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