5257 Kersland Drive, Vancouver
5257 Kersland Drive, Vancouver BC
Offered at $4,900,000 | SOLD
Land assembly opportunity. Development lot Vancouver Westside, Cambie corridor. Located across the street from the Queen Elizabeth Park, near the corner of West 37th Avenue and Kersland Drive.
In accordance with the Cambie corridor official community plan, the property is designated for a) four-storey strata apartment (density of 2.0 FSR), or b) six-storey rental (density of 2.5 FSR).
Fantastic investor opportunity to live in or rent out the single-family house on the property prior to assembly and redevelopment. The location: between 2 skytrain stations, close to Oakridge centre, Langara college, Hillcrest community centre & Nat Bailey park, & Cambie street amenities and shops.
More about 5257 Kersland Drive, Vancouver BC
The property at 5257 Kersland Drive, located on Vancouver’s prestigious Westside, represents an exciting opportunity for real estate development. This development lot is ideally positioned within a highly sought-after neighborhood, making it a prime candidate for new residential projects.
Location:
Kersland Drive is situated near Cambie Corridor, a rapidly growing area that is undergoing significant redevelopment due to its proximity to major transit hubs, including the Canada Line SkyTrain. The area is known for its family-friendly atmosphere, with easy access to shopping, restaurants, and parks, including Queen Elizabeth Park and VanDusen Botanical Garden. The Westside also offers some of the best schools in Vancouver, making this location desirable for families looking to settle in a prime urban area.
Development Potential:
Given its location within the Cambie Corridor Plan, 5257 Kersland Drive is likely to benefit from zoning that supports multi-family developments. This makes it attractive for developers interested in creating townhouses, duplexes, or even low-rise condominium projects. The property’s dimensions and zoning will determine the scale of development, but demand for housing in the Cambie Corridor area remains high due to its access to both downtown Vancouver and Richmond via major transit routes.
Neighborhood Highlights:
• Transit-Oriented: Minutes away from the King Edward and Oakridge SkyTrain stations.
• Educational Institutions: Close to Eric Hamber Secondary School and Emily Carr Elementary School, as well as easy access to private institutions such as Vancouver College.
• Amenities: The location is near Oakridge Centre, a major shopping and commercial hub currently undergoing a multi-phase redevelopment into a world-class mixed-use community.
• Green Spaces: Walkable to the city’s most renowned parks, offering recreational activities and scenic views.
With its strategic location and development potential, 5257 Kersland Drive is positioned as a valuable investment opportunity for developers aiming to capitalize on the continuous demand for housing on Vancouver’s Westside.
