Exceptional Development Opportunity in Vancouver’s Westside Seize this rare opportunity to build a multiplex now or hold for future redevelopment in one of Vancouver’s most prestigious neighborhoods. This property falls within the Transit-Oriented Development (TOD) tier under the BC Provincial Plan, offering a strong potential for increased density and long-term value. Currently designated under Phase Three of the Cambie Corridor Plan, the site is ideal for townhouse development and may be suitable for land assembly with neighboring properties. Located just steps from Oakridge Mall, Queen Elizabeth Park, and the Canada Line station, this prime site offers unmatched convenience with quick access to downtown Vancouver, Langara College, top-ranking schools, and essential amenities.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 16' x 16' ft |
| Main Level | Dining Room | 15' x 15' ft |
| Main Level | Kitchen | 17' x 17' ft |
| Main Level | Primary Bedroom | 13' x 13' ft |
| Main Level | Family Room | 26' x 26' ft |
| Main Level | Bedroom | 12' x 12' ft |
| Below | Recreation Room | 16' x 16' ft |
| Below | Bedroom | 15' x 15' ft |
| Below | Kitchen | 8' x 8' ft |
| Below | Laundry | 7' x 7' ft |
| Below | Storage | 7' x 7' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
| Below | No | #3 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
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As we step into this beautiful neighborhood, you'll discover a vibrant community that offers the perfect blend of urban living and suburban charm. With its proximity to top-rated schools, excellent public transportation, and a variety of lifestyle amenities, this area is an attractive choice for families and individuals alike.
One of the standout features of this neighborhood is its excellent educational system. Dr. Annie B. Jamieson Elementary School, located just 0.48 km from 438 W 45th Avenue, boasts a rating of 8.3/10. This school is a popular choice among families, and with good reason - its dedicated teachers and staff provide a supportive and inclusive learning environment that fosters academic excellence and social growth.
In addition to Dr. Annie B. Jamieson Elementary, this neighborhood is also home to St. Andrew's Independent School, which offers a unique and enriching educational experience for students. While King David High School, a top-rated secondary school, is also within walking distance (0.74 km) from this property.
When it comes to safety, this neighborhood has consistently ranked above average. According to Statistics Canada's 2020 report, the overall crime rate in this area is 7,470.82 incidents per 100,000 population, which is considered Average compared to other Canadian cities. Furthermore, the rate of property crimes is Above Average, with a rating of 5,020.27 incidents per 100,000 population. This means that residents of 438 W 45th Avenue can enjoy their homes and community with peace of mind.
This neighborhood is not just about safety and education - it's also a hub of activity and community spirit. With numerous parks, beaches, trails, and dog parks, residents can enjoy the great outdoors and stay active. Shopping malls like Oakridge Centre and Kerrisdale Village offer a variety of shopping and dining options, while the nearby Cambie Street offers a unique blend of shops, cafes, and restaurants.
Getting around Vancouver is easy, thanks to the excellent public transportation system. The closest bus station, Northbound Cambie St @ W 45 Ave, is just 0.1 km away from 438 W 45th Avenue, making it easy to hop on a bus and explore the city.
According to the latest census data, this neighborhood is home to a diverse and educated population. With 38.9% of residents holding a university certificate or degree, this neighborhood is considered High in terms of educational attainment. Meanwhile, the median household income is $71,851, which is Average compared to other BC neighborhoods.
The average age of the population is 40.8 years, which is Average compared to other BC cities. With 40.3% of residents renting their homes, this neighborhood is Above Average in terms of rental activity. Furthermore, the average owner payments are High in this area, with owners spending an average of $1,811 per month on their dwellings.
This neighborhood is experiencing steady growth, with a population change of 4.2% between 2011 and 2016. This is Above Average compared to other BC neighborhoods. With a population density of 5,251.5 people per square kilometer, this area is experiencing a moderate level of growth and development.
Residents of 438 W 45th Avenue have a range of transportation options to choose from. With 33.9% of the population using public transport, this neighborhood is well-connected to the rest of the city. Meanwhile, 56.3% of residents use cars, while 5% use bicycles, and 3% walk.
Don't miss out on this fantastic opportunity to own a piece of Vancouver's vibrant community. Contact me today to schedule a viewing and make 438 W 45th Avenue your home.
MLS® R3013547
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