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2388 Galt Street
Victoria VE Vancouver V6E 3P3

$7,200,000
Land Commercial

Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8073130
Avison Young is pleased to present the opportunity to acquire 2388 Galt Street, Vancouver, BC (the “Property”). Situated in the heart of East Vancouver, this offering provides a premier development site in the Norquay Village area, one of East Vancouver’s largest growth areas. The Property is ideally situated just off Kingsway, within a vibrant urban corridor experiencing a surge in residential consumers and benefiting from transit-oriented panning policies in the heart of Vancouver. This location is surrounded by an abundance of schools, vibrant retail, key transit-oriented connections, with proximity to downtown Vancouver and surrounding municipalities. Currently, there are plans in-place with an approved building permit for a 4-storey, 28-unit condominium project, streamlining a path to development. The opportunity also exists to increase the density to a 3.0 FSR over 8-storeys, under the newly adopted TOD legislation.
Sale Type:
Asset
Ownership:
Other
Property Type:
Land Commercial
Living Area:
12,241 sq. ft.
Lot Area:
12,196.8 sq. ft.
Zoning:
Potential to Redevelop:
Located within the 800m proximity threshold of TOD., No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Parcel Number:
030848989
Taxes:
$36,424.4 / 2025
No
Water Rights:
No
Roof:
Potential to Redevelop:
Located within the 800m proximity threshold of TOD., No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
Listed by Avison Young Commercial Real Estate Services, LP
Data was last updated October 21, 2025 at 08:40 AM (UTC)