Former Gas Station Site at Cambie & 41st Sold
The former Esso gas station site at the Northeast corner of Cambie and West 41st Avenue has sold after many years of sitting vacant as part of the remediation process. The 15,860 SF site sold for $15,800,000 to CM Bay Properties.
The site is designated within the Cambie Corridor Plan for a mixed-use building over 12-storeys and a density which may exceed 4.0 FSR.
$249 at a 4 FSR? better hope they get 6
I think it is highly likely they will get higher than a 4.0 FSR.