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Active
8091 Capstan WAY Richmond, BC V6X 1R4
1.07 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type Asset
MLS Listing ID C8074050
Annual Tax Amount $187,800
Tax Year 2025
Lot Size 1.070 Acres
Property Description
Cushman & Wakefield ULC (“C&W”) is pleased to present for sale on behalf of MNP Ltd. (the “Receiver”) a 100% interest in the 8091 Capstan Way, Richmond, BC (the “Property”). The Property features 1.065 acres of lot area and has been entitled for 169,390 sq. ft. of mixed-use density inclusive of residential condo, hotel, and ground floor retail. Strategically located in the heart of Richmond steps away from the Canada Line's Capstan Station, the Property offers unique development scale, riverfront views, and highly accessible amenities. The Property has been successfully rezoned to RCL5 permitting a 3.65x FAR and had a Development Permit issued in 2021 permitting 72 hotel suites, 128 market strata dwelling units, 9 affordable rental units, and 8,240 sq. ft. of ancillary commercial space. This is an exceptional opportunity to acquire a de-risked turnkey development site of scale in one of Metro Vancouver's most transit-oriented locations.
Location
State BC
Community West Cambie
Area Richmond
Zoning RCL5
Exterior
Utilities Available Fully Serviced
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Others
Ownership Freehold