Kenstone Properties has applied to rezone a 32,681 SF site at 468 West 33rd Avenue and 4956-4958 Cambie Street under the Cambie Corridor Plan, which allows residential uses up to 6-storeys in this location.  The proposal includes:

• 68 residential units, including 8 townhouses;
• a 906 SF retail space on the ground floor;
• a density of 2.57 FSR;
• 30 three-bedroom units;
• 2-levels of underground parking

This site sold back in June 2012 for $13,600,000, or $159 per buildable SF.

By ChangingCity

Grace Court is a 1912 7-storey 26 unit concrete apartment building designed by R MacKay Fripp for D D Hutchinson. When it was built it cost $40,000 and filled just over half the lot it sits on. Recent changes to the West End zoning from the West End Plan allow an infill building on the remainder of the site. (Generally the infill is allowed on the lane, although in this case it’s the end lot so it will be addressed as 1071 Cardero Street).

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Source:: Changing City Updates