19,779 ft²LandContactSale
The rennie group is pleased to present an exceptionally located strata wind-up development opportunity, situated at the northeast corner of Willow Street and West 8th Avenue in the heart of Fairview. 795 West 8th Avenue is strategically located just blocks from the commercial and healthcare hub at Cambie and West Broadway. Fuelled by the construction of the $2.83 billion Broadway Subway, the subject property provides a unique opportunity to develop in the affluent Fairview neighbourhood.
Property Details: Currently improved with five (5) three storey townhouse buildings above a common parkade, comprising of thirty-six (36) residential units. Site Size (Approx): 19,779 sq.ft. or 0.45 Acres Zoning and Land Use: Current Zoning: FM-1 Land Use: Under the Broadway Plan – Fairview Slopes Area C (FSLC) Policy and Density Details: Uses: Residential, retail/service, office Tenure: Secured Rental Housing or Strata Ownership Housing Scenario 1: Max Height: 20 storeys Max Density: 7.0 FSR Min Frontage: 45.7 m (150 ft) Notes: Market rental housing with a minimum 20% of the net residential floor area secured as below-market rents. Scenario 2: Max Height: 20 storeys Max Density: 7.0 FSR Min Frontage: 45.7 m (150 ft) Notes: Strata ownership housing with a minimum of 20% of the residential floor area delivered as turnkey social housing Scenario 3: Potential for higher density and building height through initial helijet and massing studies conducted by the Vendor. (See brochure for details)