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Building Realtor
Les Twarog BCCondos&Homes Team
604-602-1111, les@6717000.com

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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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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.

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