7957 COLUMBIA STREET

Vancouver · MLS® R3151553

8,255 sq ft lot

Land · Vacant Land · 66 days on market

Listed by Theo Birkner, Rennie & Associates Realty Ltd.

Realtor's description

Rare RM-8 and TOA development opportunity on an approximately 8,255 sq.ft. lot, walking distance to Marine Gateway, with dual frontage (W 64th & Columbia). The RM-8 designation allows townhouse and rowhouse forms at up to 1.20 FSR, supporting approximately 9,900 sq.ft. of potential TH density. The property ALSO falls within Tier 3 TOA boundaries, conceivably allowing for a 3.0fsr or up to 8 storeys. Buyers should conduct their own due diligence with the City of Vancouver regarding achievable density, unit count and mix, parking, tree retention, servicing and dev approvals. Walk to Marine Station, groceries, banks, restaurants, shops and more. Churchill Sec catchment. 6-bedroom house can provide good rental income. An interesting and opportunistic property for the savvy buyer.

Property details

Type: Land, Vacant Land
Lot: 8,255 sq ft
Parking: 0
Property tax: $18,517 / yr
Days on market: 66
MLS®: R3151553

Features

Central location

Price check

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 66 days

The market here

Listed now: 85 days; median for 39 homes for sale; this one 66 days

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

Monthly cost

$15,921/mo

Mortgage $14,378 · Tax $1,543

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

estimated payment

$14,378/ monthly

loan $2,640,000

25-year amortization

down payment20% · $660,00020%+ 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: $1,673,335
property transfer tax: $83,000; BC general rate
cash to close: $743,000; down + PTT
total paid: $4,313,335

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: 748 m² (8,051 sq ft) · PID 010-898-107. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

VancouverGoogle Maps ↗

Location

VancouverGoogle Maps ↗

Schools

Catchment schools, Vancouver School Board

Elementary Sexsmith Elementaryhomes in this catchment
600 m away · 7410 Columbia St, Vancouver · 604-713-4901
Secondary Sir Winston Churchill Secondaryhomes in this catchment
1.2 km away · 7055 Heather St, Vancouver · 604-713-8189

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.

Good to know

Wildfire
The BC Wildfire Service rates Vancouver's wildland urban interface as risk class 5 of 5 (lowest; 1 is the highest). One wildfire of 10 hectares or more burned within 5 km since 2006: 2018 (13 ha). Some insurers price for wildfire, and FireSmart BC has a free home assessment guide.
Source: BC Wildfire Service, WUI risk class and fire perimeters

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

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