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Cambie Corridor development site sold for $10 million

The parcel is one of the last remaining sites within the Cambie Corridor phase 2 plan
cambie corridor
 
One of the last remaining Cambie Corridor development sites has sold for $10 million, William Wright Commercial tells Western Investor
 
Just steps away from the Canada Line SkyTrain, the 10,129-square-foot lot is within the city’s approved Cambie Corridor official community plan phase 2. The site is slated for a six-storey, 25,000-square-foot residential development. 
 
The property is located at 486 W 26th Ave., Vancouver. 


Breakdown:


Price: $10,000,000 
Property Size: 10,129 SF
Property Type: Land
FSR: 2.5
2016 B.C. Assessment Value: $6,157,000
Date of Sale: 07/05/2017
City: Vancouver 
Province: B.C. 
Name of Brokerage: William Wright Commercial 
 
 

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