Third rezoning filed for Vancouver Cambie corridor lot sold in 2017 for over $7 million

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      A new application has been filed to rezone a property on the West Side of Vancouver.

      It’s the third rezoning application for 618 West 32nd Avenue, and this time, it’s back to the original concept of a condo development.

      Located at the southwest corner of Cambie Street and West 32nd Avenue, the single-family lot sits across from Queen Elizabeth Park.

      The Vancouver real estate was sold for $7,039,000 on August 8, 2017, based on tracking by real-estate site Redfin.

      Per B.C. Assessment information online, the property has not been sold again in the last three years.

      The 80-foot by 125-foot location has a 2022 valuation of $9,382,000, mostly for the land.

      The first rezoning application came before the August 2017 sale.

      A July 11, 2017 report by City of Vancouver staff indicates that the application was for a six-storey residential building with 15 strata units.

      The application was eventually withdrawn.

      A September 1, 2020 report prepared by Vancouver city staff related that the previous application for 15 strata residential units was approved in principle at a public hearing by council on October 17, 2017.

      “The applicant subsequently chose not to proceed with enacting the rezoning and instead withdrew the application,” the report stated.

      The second application proposed a six-storey building with 34 market rental units.

      This too was withdrawn.

      The first two rezoning applications were endorsed by city planners as part of the densification program for areas in and around the Cambie Street corridor.

      On July 22, 2022, the city posted online details of the third rezoning application for 618 West 32nd Avenue.

      The revised application involves a six-storey condo building with 25 units, which is more than the first proposal for 15 condos.

      “The current April 2022 application generally retains the same density and massing as previous applications, with a slight increase in building height,” the city explains online.