154-168 W 11th Ave, Vancouver, BC | MLS^® R3070917 Property Details

Prime redevelopment opportunity in Mount Pleasant within Vancouver’s Broadway Plan – MRTB (Mount Pleasant RT Areas, Area B). This site supports up to 18 storeys and 5.5 FSR for residential with retail/service at grade. The neighbouring property at 174 W 11th Ave is also available for purchase, allowing a combined frontage exceeding the 150 ft. minimum required for tower form under the Plan. When assembled, the properties create an exceptional high-rise or large mixed-use secured rental development site with strong policy support. Broadway Plan policy requires 20% of net residential floor area to be delivered as secured below-market rental. Unmatched location steps to the future Broadway–City Hall and Mount Pleasant Stations, Main Street retail and restaurants, and VGH. An ideal opportunity

General Info

Price $10,800,000

Total Bedrooms 1

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 1000

Lot Size 13221.3

Lot Size Depth -

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1986

Age Of Building 39

Building Type Other

Property Type Residential

Architecture Style Other

Stories 1

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS^® # R3070917

Area Vancouver West

Neighbourhood Mount Pleasant VW

City Vancouver

Gross Taxes 0

Ownership Type Other

Maintenance Fee -

Fixtures Included -

Heating & Cooling

Fireplace -

Heating Type Other

Utilities

Utility Type None

Water (WaterSource) Other

Parking

Parking Type Other

Total Parking Spaces -

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Strata Restrictions -

Rental Restrictions -

Zoning R3-2

Rental Suites -

# of Kitchens 0

Foundation Other

Locker -

View -

View Description -

Units In Development -

Exterior Features No Outdoor Area

Roof Other

Property History

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Status	Date	Price

Listed by: eXp Realty & eXp Realty

NOTE: 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 Greater Vancouver REALTORS^® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Elementary

Simon Fraser Elementary School

Average

0.44 km

5.9/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary

St.Patrick's Elementary School

0.48 km

Secondary

St. John's International

0.36 km

Closest Transit

Bus Stop

Eastbound W Broadway @ Columbia St

0.21 km

Skytrain

Skytrain @ Broadway-City Hall Stn

0.46 km

Noise/ Power Lines

Road/Hwy Noise

Possible

Railway/Sky train Noise

Unlikely

Airport/Port Noise

Unlikely

Close to major Power Lines

Unlikely

Other

Agricultural Land Reserve (ALR)

Unlikely

Flood Area

Unlikely

Close to Cemeteries

Unlikely

Welcome to 154-168 W 11th Avenue, a vibrant and eclectic neighborhood in the heart of Vancouver, BC.

As we walk through this charming community, you'll notice a strong sense of family-friendly atmosphere, thanks to the excellent schools in the area. Let's start with

Simon Fraser Elementary School

, which is conveniently located just 0.44 km from this property, boasting a rating of 5.9/10. Families love this area because of its well-regarded educational institutions, and I'm happy to report that

St. Patrick's Elementary School

, an independent school with a rating of 6.5/10, is also nearby, just 0.48 km away.

If you're looking for a secondary independent school,

St. John's International

is just 0.36 km from this address, offering a unique learning experience. As a seasoned realtor, I can assure you that the proximity of these schools is a significant advantage for families with children.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), this neighborhood has an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. Specifically, the crime rate near

154-168 W 11th Avenue, Vancouver, BC

is Average, with a year-over-year change of -14.94%. You'll be pleased to know that the neighborhood is considered safe, with low rates of violent crime (Below Average) and property crime (Above Average) compared to other BC municipalities.

As we explore this neighborhood, you'll discover a diverse community with a high percentage of university-educated residents (54.7%), which is High compared to other BC neighborhoods. The median household income is $67,191, which is Average, while the median personal income is $43,577, indicating a relatively high standard of living. Notably, 66% of households in this area have a mortgage, which is Above Average.

The neighborhood is also known for its high population density (8,254.2 people per square kilometre), which is a testament to its popularity. If you're interested in the local economy, you'll be pleased to know that the unemployment rate is 4.6%, which is Low compared to other provinces.

In terms of demographics, the average family size in this area is 2.4, which is Low compared to the region. The percentage of families with children is 36.6%, which is also Low. However, the average age of the population is 38.8, which is Below Average in comparison to other BC cities.

Now, let's talk about real estate. The average value of dwellings in this neighborhood is $1,031,327, which is High compared to other areas in British Columbia. The average owner payments are also High ($1,830), indicating a desirable and sought-after neighborhood. Notably, 70.3% of the population in this area are renters, which is High compared to other BC cities and areas.

In terms of transportation, 28.4% of the population uses public transport, which is High, while 39.4% use cars, which is Low. 13.1% of people use bicycles, and 17.7% walk, both of which are High.

As you can see,

154-168 W 11th Avenue

offers an excellent balance of family-friendly atmosphere, safety, and economic stability. If you're looking for a vibrant and eclectic neighborhood with a strong sense of community, this could be the perfect place to call home. And with its proximity to excellent schools, public transportation, and amenities, I'm confident that you'll love living here.

MLS^® R3070917

is a rare opportunity to own a piece of Vancouver's vibrant history. Don't miss out on this chance to make your dreams a reality. Contact me today to schedule a viewing and make this stunning property yours!

154-168 W 11th Ave, Vancouver, BC, MLS^® R3070917