A near one-acre parcel in Vancouver’s exclusive Shaughnessy neighbourhood, zoned for residential rental with the potential for 85 units, has sold for $12.7 million.
Property type: Residential development site
Location: 1464 West 32nd Street and 4750 Granville Street, Vancouver
Property size: 37,938 square feet
Zoning: RS-5 (low-rise residential)
Potential: 85 rental suites
Price: $12.7 million
Date of sale: October 25, 2019
Brokerage: Goodman Commercial Inc.
Broker: Mark Goodman `