2388 Galt Street

Investment Overview

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.

Investment Highlights

• Existing approvals in place for a 4-storey, 28-unit condominium project, providing immediate development readiness while preserving the option to pursue higher-density design.
• 12,242 sf redevelopment site located in the heart of Norquay Village, one of East Vancouver’s most active and rapidly evolving multifamily neighbourhoods.
• Designated Tier 3 Transit-Oriented Development (TOD) area, supporting up to 8 storeys and a 3.0 FSR, offering substantial density potential and long-term value growth.
• Centrally positioned just off Kingsway, surrounded by emerging mid-rise residential projects, local retail, and community amenities within the Kensington–Cedar Cottage plan area.
• Within walking distance to 29th Avenue SkyTrain Station, providing excellent connectivity across Metro Vancouver and strong appeal for future residents.
• Supported by progressive city policy and sustained housing demand, the area continues to attract significant private-sector investment and infill development.