Yes, it's all about "location, location, location.486 W 26th Ave
Price sold: $10,000,000
Property Size: 10,129 SF
Property Type: Land
FSR: 2.5
2016 B.C. Assessment Value: $6,157,000
Date of Sale: 07/05/2017
One of the last properties for sale for the Cambie corridor project.
These guys din't win the BC 649, thats regular properties. These guys won the powerball
The closer you get to the more desirable areas, good transit and a high "walk score", the higher the price of land suitable for major assembly. One old condo on a side street a block away from Burrard St. and Robson St. saw the suite owners walk away with 3 times current assessed value. Amazing!