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Our Listings for Sale

Shaughnessy Land Assembly

1053 Douglas Crescent
Vancouver, British Columbia V6H 1V4

$15,000,000 CAD

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  • Sub-Area: Shaughnessy
  • Style: Land
  • Lot Size: 45000 sqft.
  • Taxes: $30,692

Description Building Info

Prime Development Opportunity in First Shaughnessy – 1053-1069 Douglas Crescent An exceptional chance to acquire over 1 acre of prime land (45,198 sq. ft.) in the prestigious First Shaughnessy District (FSD), spanning two side-by-side lots. This unique property offers tremendous potential for development, whether as a multi-family site or by converting the existing homes into multiple conversion dwellings (MCD), with the option to add infill units for one or two-family dwellings on each lot. All development plans must comply with current FSD bylaws and the official development guidelines for the area. With one home holding heritage value and the other suitable for redevelopment, this site offers flexibility. Buyers can pursue options for rental income, strata resale, or even a boutique retirement community—an idea that has garnered interest from a renowned local architect who believes the city may be open to such a project, despite the FSD zoning restrictions. Comparable developments in the area, such as 1217 Wolfe, and the nearby 1450 McRae Townhome development (16th & Granville), which sells between $1,700 to $2,000 per sq. ft., further illustrate the strong market potential. Price Guidance: $15.6M This property is not listed on MLS. For more information, please contact us for a detailed info package.


General Info

MLS® # N/A
Taxes $30,692 / 2017
Maintenance Fees -
Property Type Land
Dwelling Type -
Home Style -
Year Built -
Fin. Floor Areas 0 sqft
Bedrooms 0
Bathrooms 0
View -
Complex Name -
Concierge # -
Bldg # -
Lot Size 45000 sqft
Listed by RE/MAX Crest Realty
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Photos

MLS® Disclaimer for BC: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

Photos

Disclaimer: E/O - These images may not be copied, distributed, altered or used in any manner not provided for herein without purchasing a license or obtaining written permission from vancouverfloorplans.com or the copyright owner. You may not publish or use an image from this site without purchasing a monthly license or purchasing an individual floor plan from vancouverfloorplans.com. This includes but is not limited to; free sites, personal sites, and not-for-profit sites. Once purchased, you may use one image at a time for personal promotions IE: for rental of a unit or for a sale of one unit. You may not download all the Floorplans & Floor plates & post them on the internet - this material is copyrighted. All information including floor plans, floor plates, suite square footages, floor areas, maps & suite numbers are gathered from different sources and are believed to be as accurate as possible but are not guaranteed. Neither the Webmaster nor vancouverfloorplans.com are liable for any errors or omissions in this info sheet. All floor plans are a representation of the actual floor plans that came from the Developers Brochures and/or the Developers Disclosure Statement. All developers' original materials were subject to change without notice. If it is important to have the actual square footage & actual location of any suite, please verify with the attached registered strata plan. The onus is on the reader of this material to verify the accuracy of the content.

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