516 ALEXANDER STREET

Vancouver · MLS® C8080734

3,050 sq ft

Land · Vacant Land · 73 days on market

Listed by Brett Aura, TRG Commercial Realty Ltd.

Realtor's description

Freehold landholding and development site in the heart of Railtown, Vancouver's creative and industrial district on the downtown waterfront. Positioned in close proximity to Gastown and the Central Business District, 516 Alexander offers +3,050 sq. ft. of land close to head offices for Aritzia and Herschel. Potential to build up to 11.0 FSR/30 stories for secured rental and social housing.

Property details

Type: Land, Vacant Land
Living area: 3,050 sq ft
Parking: 0
Property tax: $7,297 / yr
Days on market: 73
MLS®: C8080734

Price check

Price per sq ft: $717 vs $802 median for homes in Vancouver for sale (12)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 73 days

The market here

Listed now: 85 days; median for 39 homes for sale; this one 73 days

Homes in Vancouver. Sale prices register 1 to 3 months after a sale closes.

Monthly cost

$10,141/mo

Mortgage $9,533 · Tax $608

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$9,533/ monthly

loan $1,750,400

25-year amortization

down payment20% · $437,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,109,472
property transfer tax: $43,640; BC general rate
cash to close: $481,240; down + PTT
total paid: $2,859,872

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

Lot outline: 283 m² (3,046 sq ft) · PID 010-114-432. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

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Location

VancouverGoogle Maps ↗

Schools

Catchment schools, Vancouver School Board

Elementary Strathcona Elementaryhomes in this catchment
400 m away · 592 Pender St E, Vancouver · 604-713-4630
Secondary Britannia Secondaryhomes in this catchment
1.8 km away · 1001 Cotton Dr, Vancouver · 604-713-8266

From the Vancouver School Board's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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