Most projects don't pencil right now — density is cheap, certainty is expensive, and a rezoning queue runs straight through the next election. 357–393 West 42nd Avenue removes those variables: three assembled R5-1 lots totalling 18,861 sq ft with 154.6 ft of frontage, designated under Cambie Corridor Phase 3 for a tower of up to 18 storeys, with the consolidation requirement satisfied — no rezoning, no public hearing, direct to development permit. The site sits 530 ft from Oakridge–41st Avenue Station on the Canada Line and steps from Oakridge Park, British Columbia's largest development project, with six tower projects approved or advancing within 150 m at densities of 4.71 to 6.73 FSR. The assembly is positioned for affordable workforce and seniors housing — the one product the 2,000+ units in the surrounding pipeline are not building — and qualifying projects may be eligible for development cost levy waivers that materially change the arithmetic. Offered without a published price. Contact the listing team for pricing guidance and DCL scenario analysis.
Seth Baker
Multifamily Real Estate Services
