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Claire Group is pleased to present a unique investment and redevelopment opportunity in Vancouver’s highly sought-after Mount Pleasant neighbourhood. The property comprises approximately 4,026 sq. ft. of C-2A zoned land and is ideally located near popular cafés, restaurants, retail, and shopping. A Development Permit was issued in 2021 for a four-storey mixed-use building with general office space on the ground floor and residential uses on the second through fourth floors, comprising five dwelling units, five parking spaces, and a lane access. The property permits a density of up to 2.5 FSR, offering strong potential for investors and developers. The existing structure is currently boarded up. Buyers are advised to independently verify all zoning, permits, approvals with the City
Property Type:
Land
Ownership:
Freehold NonStrata
Bathrooms:
- (Full:-/Half:-)
Taxes:
$4,336.82 /
2026
Lot Area:
4,026.07 sq. ft.374 m2
Lot Frontage:
33'10.1 m
Lot Features:
Central Location, Lane Access
Lot Details:
33 x 121
Plan:
VAP5112
Development Status:
No Building Permit Approved, Development Permit Available
Building Plans:
Available
Info Package Avail.:
No
Road Surface:
Paved
Near Shopping
Age Restrictions:
No
Home Owners Association:
No
Land Lease:
No
Utilities:
Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas Nearby, Phone Nearby, Cable Available
Data was last updated October 25, 2026 at 09:40 AM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$2,429,500
Min list price:
$948,000
Max list price:
$3,000,000
Avg days on market:
148
Min days on market:
3
Max days on market:
723
These statistics are generated based on the current listing's property type
and located in Vancouver East. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
When comparing Properties for Sale, consider more than the asking price. Property condition, age, renovations, lot size, strata fees and location can all affect value. Reviewing similar Sold Homes can provide a useful benchmark, although differences in features, condition and market timing should also be considered.
Recently Sold Properties and MLS Sold Listings can help buyers identify neighbourhood pricing trends and compare recent transactions with current asking prices. Sold prices reflect completed negotiations, but they don’t necessarily reveal a property’s condition or the terms of the sale.
For guidance on evaluating a property before purchasing, visit our Buying a Home guide.