Exceptional value in a prime East Vancouver development opportunity! Active Development Permit application at the DP stage to build 20 townhouse units consisting of 2 buildings with surface parking. The site is RM-7 zoned, offering 16,424 SQ FT of land with 158.45 FT frontage. Property currently has 4 tenanted homes.Centrally located in Vancouver’s thriving Norquay Village neighbourhood just steps from Kingsway and within walking distance to Norquay Park, Slocan Park, and the 29th Avenue SkyTrain Station quick connections to Downtown Vancouver and Metrotown. Enjoy easy access to shopping, restaurants, and daily amenities. Contact us for the full information package.
Address
5338 Chambers Street
List Price
$7,999,000
Property Type
Residential Income
Type of Dwelling
Other
Style of Home
Other
Structure Type
Multi Family
Transaction Type
Sale
Area
Vancouver East
Sub-Area
Collingwood VE
Floor Area
101 Sq. Ft.
Main Floor Area
101
Lot Size
16424.04 Sq. Ft.
Lot Size Dimensions
158.45 x 103.67
Lot Size (Acres)
0.38 Ac.
Lot Features
Central Location, Recreation Nearby
Lot Size Units
Square Feet
Total Building Area
101
Frontage Length
158.45
Year Built
2025
MLS® Number
R3056790
Listing Brokerage
RE/MAX City Realty
Basement Area
None
Postal Code
V5R 3M1
Zoning
RM-7
Ownership
Freehold NonStrata
Parking
Other
Tax Amount
$1.00
Tax Year
2025
Site Influences
Central Location, Recreation Nearby, Shopping Nearby
Community Features
Shopping Nearby
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Other
Security Features
No Fire Sprinkler System, No Smoke Detector(s)