975 East Broadway

Prime Location – The property is located at the corner of E Broadway and Windsor Street in the neighbourhood of Mount Pleasant. Sitting between the Future Main Street Broadway Station and Commercial Drive, the property provides quick and easy access to both, The Broadway Subway and Millennium line SkyTrain.

Size & Zoning – Property features a lot size of approximately 24,000 SF, with a frontage of 198 feet along East Broadway and depth of 122 feet. The property is currently zoned RM-4N with a Freehold Strata title.

Infrastructure – The existing improvement consists of a 3-storey wood frame construction plus 2-storey underground parking with 50 stalls, built in 1978 with 43 Strata entitled units.

Redevelopment Potential – The property is designated under the Policy Area MNAB under the Broadway Plan. Under MNAB, existing property could achieve a Potential Density of 4.0 FSR for Strata Housing with a height limit of 12 storeys or 6.5 FSR for Secured Market Rentals with a height limit of 20 storeys. Under the Broadway Plan, redevelopment between Fraser Street and Clark Drive are required to have active ground floor commercial.

Lifestyle – Mount Pleasant offers a diverse range of options, from local cafes and craft breweries to independent boutiques and theaters. Overall, Mount Pleasant is a diverse, dynamic neighbourhood that appeals to a wide range of people and offers a unique blend of urban living and green spaces.