Opportunity is knocking. Rarely available 16,000+ SF of freehold property in the highly sought-after False Creek neighbourhood. This property is zoned under FCCDD (False Creek Comprehensive Development District) and falls within the False Creek Official and Area Development Plan. It is also located within a Transit-Oriented Area (TOA) under BC’s Bill 47: Transit-Oriented Areas for Development. Buyers are advised to conduct their own due diligence with the City of Vancouver Planning Department regarding zoning, permitted uses, and future development potential. Please contact the listing agent for additional information.
| Structures | Land Only |
|---|
| Price | $2,000,000 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Community Features | Near Shopping |
| Utility Type | Sanitary Sewer Available, Storm Sewer Available, Electricity Available, Natural Gas Nearby, Phone Nearby, Cable Available |
| Water (WaterSource) | Public |
| Parking Type | Side Access |
| Lot Size | 16501 |
|---|---|
| Lot Size Depth | Feet |
| MLS® # | R3110659 |
| Area | Vancouver West |
| Neighbourhood | False Creek |
| City | Vancouver |
| Postal Code | V5Z 4L7 |
| Gross Taxes | $16.7 |
| Zoning | FCCDD |
Listed by: Dracco Pacific 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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
500 Starboard Square has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5Z 4L7, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~2.9 km). Annual avg AQHI 2.2 — Low Risk.
Vancouver currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.
Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Calculate your commute
500 Starboard Square, Vancouver, BC is ideally located for commuters. The property is 0.2 km from Olympic Village, with a 12 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Olympic Village Station @ Bay 2 (0.26 km). Walk Score Transit rating: Rider's Paradise (94/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $51,600 | $0 | $51,600 |
+3,340.0%
|
| 2025 | $1,500 | $0 | $1,500 |
+0.0%
|
| 2024 | $1,500 | $0 | $1,500 |
+0.0%
|
| 2023 | $1,500 | $0 | $1,500 |
+0.0%
|
| 2022 | $1,500 | $0 | $1,500 | — |
Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar properties average $2,744,000 across 2 active listings — this listing is 27.1% below the Vancouver average.
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