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Residential site in Vancouver's Shaughnessy sold for $12.7M

 

Land parcel totalling nearly an acre, in Vancouver's most exclusive neighbourhood, has potential for 85 rental units

 

Mark Goodman Goodman Commercial Inc. for Western Investor
November 20, 2019


 
 
DD Shaughnessy residential site land parcel

A near one-acre parcel in Vancouver’s exclusive Shaughnessy neighbourhood, zoned for residential rental with the potential for 85 units, has sold for $12.7 million.

Breakdown:

Property type: Residential development site

Location: 1464 West 32nd Street and 4750 Granville Street, Vancouver

Property size: 37,938 square feet

Zoning: RS-5 (low-rise residential)

Potential: 85 rental suites

Price: $12.7 million

Date of sale: October 25, 2019

Brokerage: Goodman Commercial Inc.

Broker: Mark Goodman    `

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