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East Vancouver 0.29 acres for development sells for $6.5 million

Victoria Street site is zoned for density of 3.49 FSR allowing 44,703-square-foot buildable and 54 residential rentals
Colliers, Vancouver, for Western Investor
5590-victoria-vancouver
Colliers, Vancouver, for Western Investor

Property type: Land for development

Location: 5590 Victoria Street, Vancouver

Size of land:12,809 square feet

Land size in acres: 0.29 acres

Zoning approval: 3.49 floor space ratio (FSR); 54 rental units

Price: $6.5 million

Brokerage: Colliers, Vancouver

Brokers: Madison Bourgeois, Morgan Iannone and Casey Weeks.