RE/MAX REAL ESTATE SERVICES presents four contiguous lots at the southwest corner of West King Edward Avenue and Ash Street, offered together as a single 30,000 sqft development parcel with a potential 165,000 total developable sqft. The site falls within the Tier 2 Transit-Oriented Area (TOA) and is guided by the Official Development Plan (ODP) providing a…
RE/MAX REAL ESTATE SERVICES presents four contiguous lots at the southwest corner of West King Edward Avenue and Ash Street, offered together as a single 30,000 sqft development parcel with a potential 165,000 total developable sqft. The site falls within the Tier 2 Transit-Oriented Area (TOA) and is guided by the Official Development Plan (ODP) providing a clear path to increased density. Just ~200m west of King Edward Station on the Canada Line offering direct access to DT Vancouver, YVR and UBC. The site offers predominant sweeping views of the Vancouver’s infamous skyline. The corner exposure site offers approximately 200' frontage and 150' depth allowing up to 12 storey.
Features
Near Shopping
Floor plan
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Property Details
MLS NumberR3160838
Square Feet4,649
Lot Size30,000 sqft
Days on Market79
StatusActive
Listed ByRE/MAX Real Estate Services
School Catchment
ElementaryCavell
SecondaryHamber
Neighbourhood
Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,800,000Median home value
$99,000Median household income
57.3%Owner-occupied
22.2%Single-detached homes
2.3Avg household size
38.8Median age
65.1%Bachelor's degree or higher (25-64)
64.3%Commute under 30 min
51.9%Drive to work
33.2%Foreign-born residents
7,390Neighbourhood population
Age
Under 1512.9%
15 to 6470.8%
65 and over16.3%
Household size
1 person34%
234.6%
313.5%
412.4%
5 or more5.5%
Language spoken at home
60.5% English mother tongue
Cantonese8.7%
Mandarin6.5%
English + other3.5%
Spanish2.4%
Japanese1.8%
Tagalog1.4%
All others15.2%
Mother tongue, share of 7,205 residents.
How this pocket differs
Median dwelling value is notably higher than Metro Vancouver $1,800,000 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 size7,496 sqft
Lot dimensions50 × 149 ft
Lot shapeRectangular
Transit-oriented potential (Bill 47 / TOA)
Transit areaTier 2within 400 m of a station
Max density4 FAR
Max height12 storeys
Est. buildable~29,887 sqft
Nearest stationKing Edward Station235 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$92,823
Mortgage payment$87,730
Property tax$4,592
Home insurance$500
Partner Rates Available
Contact us for preferred mortgage rates
Monthly cost
Estimated monthly$92,823
$15,950,000$21,650,000
20%50%
3.03%7.03%
5 years30 years
$43,605/yr$66,605/yr
$400/mo$600/mo
An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax.
5-year fixed, as of Nov 12