DEVELOPMENT OPPORTUNITY in Vancouver's sought-after Cambie neighbourhood! This R1-1 zoned property offers multiplex redevelopment potential. The older home is tenanted, providing stable rental income, and features a 4-year-old furnace, 2-year-old hot water tank and 6-year-old roof. Situated on a quiet residential street, approximately 500 metres from King Edward SkyTrain Station, with easy access to downtown Vancouver and Richmond. Enjoy nearby Cambie Village shops, cafés and restaurants, Main Street boutiques, Queen Elizabeth Park, Hillcrest Community Centre, schools and everyday amenities. A rare opportunity for builders, developers or investors to secure a well-located property in an established, transit-friendly community with long-term holding value and future development potential.
Address
261 W 22nd Avenue
List Price
$2,490,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
Vancouver West
Sub-Area
Cambie
Bedrooms
7
Bathrooms
3
Floor Area
2,490 Sq. Ft.
Main Floor Area
1005
Lot Size
4026 Sq. Ft.
Lot Size Dimensions
33 x 122
Lot Size (Acres)
0.09 Ac.
Lot Size Units
Square Feet
Total Building Area
2490
Frontage Length
33
Year Built
1938
MLS® Number
R3180253
Listing Brokerage
Oakwyn Realty Ltd.
Basement Area
Full
Postal Code
V5Y 2G3
Zoning
R1-1
Ownership
Freehold NonStrata
Parking
Garage Double
Parking Places (Total)
2
Tax Amount
$11,000.00
Tax Year
2026
Site Influences
Balcony
Exterior Features
Balcony
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Forced Air
Garage
Yes
Garage Spaces
2
Levels
Two
Number Of Floors In Property
2
Open Houses
- November 07, 2:00 PM - 4:00 PM
- November 08, 2:00 PM - 4:00 PM
- November 14, 2:00 PM - 4:00 PM
- November 15, 2:00 PM - 4:00 PM
