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3514 Price Street-4822 Joyce Street
0.49 Acres of Commercial Land in Vancouver, BC V5R 4G3
Investment Highlights
- Transit oriented area
Executive Summary
- Significant Community Amenities: Numerous public parks, schools, shopping, and recreational facilities in the area while making it an attractive place to live.
- Development Potential: 21,315 SF site with approximately 198 feet of frontage, which permits up to 4.0 FSR and 12 storeys, optimal for a mid-rise development.
-Rapidly Growing Area: Significant increase in population, upcoming and recent developments, and local urbanization within the community.
Property Facts
1 Lot Available
Lot
Lot Size | 0.49 AC |
Lot Size | 0.49 AC |
Description
Renfrew-Collingwood, situated in the eastern part of Vancouver, British Columbia, is a neighborhood undergoing rapid transformation due to extensive real estate development. Once a quiet, working-class area, it has seen a significant shift as developers respond to the city’s growing housing demands. Modern high-rise condos and townhomes are now prominent, especially near transit hubs like the Joyce-Collingwood SkyTrain Station, reshaping the neighborhood’s skyline and attracting a diverse range of new residents. As housing projects multiply, the population in Renfrew-Collingwood has been steadily increasing. Young professionals and families are drawn to the area by its relatively affordable housing options compared to Vancouver’s downtown core, along with easy access to public transit, parks, and community amenities. This growth has also led to a denser population, with local businesses adapting to meet the needs of the changing demographic. Alongside real estate expansion, the neighborhood has experienced a rise in average incomes. The arrival of professionals and the development of upscale residential properties have contributed to increasing property values, enhancing the area’s economic profile. While it maintains a blend of long-standing residents and newcomers, Renfrew-Collingwood is increasingly reflecting Vancouver’s broader trends of urbanization and economic evolution.
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3514 Price Street-4822 Joyce Street
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