- For Sale $3,200,000
- Property Type VacantLand
- Lot Size 0.16 Acre
- Year Built 1944
- Date Updated Jul 6, 2026
Description
The Property is located at the corner of West 27th Avenue and Heather Street in Vancouver’s South Cambie neighbourhood — one of Vancouver’s most desirable residential pockets. The site is an 8-minute walk to King Edward Canada Line Station, providing direct rapid transit access to Downtown Vancouver (approximately 10 minutes) and Vancouver International Airport (under 30 minutes by transit).
The surrounding neighbourhood is tree-lined and park-rich. Braemar Park is immediately adjacent to the east. Queen Elizabeth Park and Hillcrest Community Centre are a short distance away, as is the Cambie Village commercial corridor with its restaurants, cafes, and retail. BC Children’s Hospital and VanDusen Botanical Garden are within easy reach. Cambie Street and Oak Street both offer convenient north-south arterial connections for residents and commuters alike.To acquire a clean, tenant-free corner townhouse development site in Vancouver’s Cambie Corridor — one of the city’s most sought-after neighbourhoods for ground-oriented residential development.
At 7,099 SF, the Property meets all minimum thresholds for RM-8A rezoning under the City of Vancouver’s Cambie Corridor Phase 3 plan, allowing a developer to build up to 1.20 FSR of stacked townhouses (approximately 8,519 SF buildable) across up to 3 storeys. The site’s corner configuration at West 27th Avenue and Heather Street enables an L-shaped building layout with units facing both streets — maximizing end-unit exposure and street activation.
With no tenant in place, a purchaser can commence the rezoning application process immediately upon closing, avoiding vacancy carry costs and accelerating the development timeline.
Highlights
- 8-minute walk to King Edward Canada Line Station
- Adjacent to Braemar Park; Queen Elizabeth Park, Hillcrest Community Centre, and Cambie Village nearby
- Develop up to 1.20 FSR (approximately 8,519 SF buildable) under Cambie Corridor Phase 3
- Existing 2-bedroom, 2-bathroom home (2,489 SF, 2-storey with basement) is in great condition
- King Edward Station Transit-Oriented Area (TOA): Tier 3 designation provides long-term density optionality (up to 3.0 FSR / 8 storeys with assembly)
- No tenant in place, owner-occupied; purchaser may commence rezoning application immediately upon closing
- Simplified RM-8A developer-initiated rezoning pathway
False
Contacts
Carl Chen (Personal Real Estate Corporation)
Macdonald Commercial Real Estate Services Ltd.
Location
Located at 696 West 27th Avenue, Vancouver, BC V5Z 2, this property is part of the South Cambie neighborhood.
Contact Listing Broker
Carl Chen (Personal Real Estate Corporation)
Macdonald Commercial Real Estate Services Ltd.