DEVELOPMENT APPROVED SITE – PRIOR-TO LETTER IN HAND! An exceptional opportunity to acquire a "shovel-ready" potential project at 5490 Ash Street. The owner has successfully secured the Prior-to Letter for a 16-Unit Townhouse Development, allowing the buyer to bypass years of permitting and design time. Situated on a massive 8,200 sq.ft. (61' frontage) corner lot in the prestigious Cambie Corridor/TOA zone, this site offers immediate viability and high ROI. The existing solid 2-storey home generates holding income while you finalize the remaining conditions. Skip the lineup at City Hall—this premier site is ready for the next steps.
For sale
C$5,788,000
5490 Ash St, Vancouver, BC V5Z 3G6
3beds
2,160sqft
Single Family Residence
Built in 1954
8,276.4 Square Feet Lot
$-- Zestimate®
C$2,680/sqft
C$-- HOA
What's special
- 31 days |
- 15 |
- 1 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 08, 2025 at 03:16pm
Listed by:
Nick Lee PREC*,
Royal Regal Realty Ltd. Brokerage
Source: Greater Vancouver REALTORS®,MLS®#: R3066978
Originating MLS®#: Greater Vancouver
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- 1/2 bathrooms: 3
Heating
- Electric, Natural Gas
Features
- Basement: Full
Interior area
- Total structure area: 2,160
- Total interior livable area: 2,160 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Frontage length: 61
Lot
- Size: 8,276.4 Square Feet
- Dimensions: 61 x
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1954
Community & HOA
HOA
- Has HOA: No
Location
- Region: Vancouver
Financial & listing details
- Price per square foot: C$2,680/sqft
- Annual tax amount: C$21,945
- Date on market: 11/13/2025
- Ownership: Freehold NonStrata
Nick Lee PREC*
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Price history
Price history
Price history is unavailable.
Public tax history
Public tax history
Tax history is unavailable.Climate risks
Neighborhood: South Cambie
Nearby schools
GreatSchools rating
- NAPoint Roberts Primary SchoolGrades: K-3Distance: 17.3 mi
- NABirch Bay Home ConnectionsGrades: K-11Distance: 23.5 mi
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