2223 Prince Edward Street, Vancouver, BC

FOR SALE | 7,916 SF | Strata Windup of 12 Strata Units NAI is proud to present 2223 Prince Edward St, a development opportunity within 5 minutes' walking distance of two future stations of The Broadway Millennium Line. The property currently contains 12 Strata Units, excellently maintained to a higher degree, with the potential of holding income. The Development Site has the potential to yield up to 6.0 FSR for condo development, with a minimum of 20% of net residential floor area delivered as turnkey social housing units. Or, it can be developed as Secured Market Rental, at 6.5 FSR, with a minimum of 20% net residential floor area secured at below-market rents. The neighbouring property for sale adds the full potential, with the possibility of two towers of 20 storeys each, to bring a total developable square footage of 169,208 SF.