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Avison Young - Vancouver
Avison Young - Vancouver
Avison Young
Avison Young
Avison Young
Property Details
- Property Type Other
- Date Updated May 14, 2026
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.
Reach out to the broker for more info on lease terms and amenities
Highlights
- 12,242 sf redevelopment site located in the heart of Norquay Village, one of East Vancouvers most active and rapidly evolving multifamily neighbourhoods.
- Centrally positioned just off Kingsway, surrounded by emerging mid-rise residential projects, local retail, and community amenities within the KensingtonCedar Cottage plan area.
- 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.
- 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.
- Supported by progressive city policy and sustained housing demand, the area continues to attract significant private-sector investment and infill development.
- Within walking distance to 29th Avenue SkyTrain Station, providing excellent connectivity across Metro Vancouver and strong appeal for future residents.
Getting around
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91/100
Walk Score ®
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82/100
Transit Score ®
-
81/100
Bike Score ®
Location
- City Vancouver, BC
- Neighborhood Kensington - Cedar Cottage