Rare RM-8 and TOA development opportunity on an approximately 8,255 sq.ft. lot, walking distance to Marine Gateway, with dual frontage (W 64th & Columbia). The RM-8 designation allows townhouse and rowhouse forms at up to 1.20 FSR, supporting approximately 9,900 sq.ft. of potential TH density. The property ALSO falls within Tier 3 TOA boundaries,…
Rare RM-8 and TOA development opportunity on an approximately 8,255 sq.ft. lot, walking distance to Marine Gateway, with dual frontage (W 64th & Columbia). The RM-8 designation allows townhouse and rowhouse forms at up to 1.20 FSR, supporting approximately 9,900 sq.ft. of potential TH density. The property ALSO falls within Tier 3 TOA boundaries, conceivably allowing for a 3.0fsr or up to 8 storeys. Buyers should conduct their own due diligence with the City of Vancouver regarding achievable density, unit count and mix, parking, tree retention, servicing and dev approvals. Walk to Marine Station, groceries, banks, restaurants, shops and more. Churchill Sec catchment. 6-bedroom house can provide good rental income. An interesting and opportunistic property for the savvy buyer.
Features
Garden
Garage Double
Open
Front Access
Shopping Nearby
Room measurements13 rooms▸
Living RoomMain · 12'6 × 15'6
Recreation RoomMain · 12' × 10'7
KitchenMain · 8'10 × 12'
Dining RoomMain · 12'6 × 13'5
BedroomMain · 9'2 × 11'6
DenAbove · 11'6 × 14'6
BedroomAbove · 8'7 × 11'6
Primary BedroomAbove · 11'6 × 14'6
BedroomMain · 9'5 × 11'
Great RoomBelow · 10'10 × 12'
Games RoomBelow · 12'8 × 15'
BedroomBelow · 11' × 13'
BedroomBelow · 11' × 12'6
Floor plan
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Property Details
MLS NumberR3151315
Property TypeSingle Family Residence
Bedrooms6
Bathrooms4
Square Feet2,511
Lot Size8,255 sqft
Year Built1925
Parking Spaces2
HeatingElectric, Hot Water, Natural Gas
Days on Market11
StatusActive
Listed ByRennie & Associates Realty Ltd.
School Catchment
ElementarySexsmith
SecondaryChurchill
Neighbourhood
Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,340,000Median home value
$69,500Median household income
49.4%Owner-occupied
15.1%Single-detached homes
2.2Avg household size
35.6Median age
57.4%Bachelor's degree or higher (25-64)
59.5%Commute under 30 min
60.6%Drive to work
53.1%Foreign-born residents
7,090Neighbourhood population
Age
Under 1510%
15 to 6473.4%
65 and over16.6%
Household size
1 person36.2%
234.2%
313.8%
49.7%
5 or more6.2%
Language spoken at home
27.6% English mother tongue
Cantonese20.1%
Mandarin19.8%
English + other5.7%
Tagalog3.8%
Punjabi3.1%
Korean3%
All others16.9%
Mother tongue, share of 6,930 residents.
How this pocket differs
notably more Punjabi speakers than Marpole 3.1% vs 1.6%
notably more Korean speakers than Marpole 3% vs 1.7%
more Mandarin speakers than Marpole 19.8% vs 15.6%
more Cantonese speakers than Marpole 20.1% vs 16.4%
Median household income is lower than Metro Vancouver $69,500 vs $90,000
Median dwelling value is higher than Metro Vancouver $1,340,000 vs $1,050,000
Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.
Land & Development
Lot size8,052 sqft
Lot dimensions98 × 130 ft
Lot shapeIrregular
Transit-oriented potential (Bill 47 / TOA)
Transit areaTier 2within 400 m of a station
Max density4 FAR
Max height12 storeys
Est. buildable~32,106 sqft
Nearest stationMarine Drive Station376 m away
Within a provincially designated Transit-Oriented Area, this lot may support up to 4 FAR / 12 storeys regardless of base zoning. Provincial minimums and approximate — municipal rezoning, servicing and parking standards still apply.
Approximate lot lines (ParcelMap BC)
Zoning, lot dimensions and grade are approximate, from public data, and for reference only — verify with the City / Township of Langley before relying on them.
Monthly Cost Calculator
Estimated monthly cost$16,950
Mortgage payment$15,072
Property tax$1,543
Home insurance$335
Partner Rates Available
Contact us for preferred mortgage rates
Monthly cost
Estimated monthly$16,950
$2,830,000$3,830,000
20%50%
2.72%6.72%
5 years30 years
$14,717/yr$22,317/yr
$265/mo$405/mo
An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax.
5-year fixed, as of Aug 6
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