RE/MAX Real Estate Services Blog
Posted in: Renfrew Heights, Vancouver East Real Estate
Property listed at 3196 RENFREW ST in Vancouver.
Opportunity to acquire a 24,091 sf site on the corner of Renfrew and East 16th Ave. 2 blocks from the busy intersection of Renfrew and Grandview Highway. 350 m & 5 mins of walking to the Renfrew Skytrain Station. This transit-oriented corner development site boasts close to 200 ft in frontage. Convenient & walkable location, this neighborhood has high demand for rental apartments and low vacancy. CoV has Secured Rental Policy for Low-Density Transition Areas which can be referenced as guidance to redevelop into a much needed higher-density rental supply in Vancouver. The policy shows sites may potentially achieve approx. 6-stories rental apartment development. The upcoming Renfrew Station Area plan will further increase the development capability of this site as a multifamily development.