six homes, permit in hand

  • 3 detached homes + duplex
  • 10,600 sq ft buildable
  • BP ready
$6,998,000 active
address 1688 SW Marine Drive, Vancouver
lot size 15,135 sqft
zoning R1-1
buildable units 6 homes
buildable area 10,600 sq ft

15,135 sq ft on SW Marine Drive with development permit approved

 

A 15,135 sq ft R1-1 lot designated SSMUH on SW Marine Drive. Development permit approved for six dwelling units across four buildings — three detached homes and a ground-oriented duplex.

Rear lane access, surface parking, existing garage retained. No underground parkade. No blasting, no shoring, no excavation risk.
This is a low site-cost build by design.

 

six homes designed for the buyers already paying top dollar on the Westside

 

Four detached homes and one side-by-side duplex — each ground-oriented, each sized for families.

Building A delivers a 2,666 sq ft five-bedroom with potential suite. Buildings B, C, and D offer 1,768 sq ft three-bedrooms with roof decks, patios, and two-storey configurations.

The product mix is not theoretical. It matches what Westside families are already buying at premium prices. Builders inherit an approved design and apply their own finishes.

 

every report filed, every approval in hand — proceed to building permit

 

The development permit is approved. Architectural, civil, electrical, geotechnical, environmental, arborist, archaeological, and survey reports are complete and on file. Years of coordination, city interaction, and design optimization are behind this entitlement.

A buyer advances directly to building permit. Construction can begin within months of acquisition. Sites at this stage of readiness rarely come to market.

 

the end-buyer is already here — and the comparables prove it

 

Westside multiplex resales have established a clear pricing corridor for new detached product in this area. Aspirational families are paying for ground-oriented homes with flexible layouts, private outdoor space, and new construction — exactly what this program delivers.

The unit sizes are market-tested. The form is familiar. For the builder-realtor team that underwrites this corridor, the margin math is straightforward. The permit is approved, the product is proven, and the exit is visible.

  • The original “Golden Mile”

  • Walk to Groceries and Schools

  • Minutes to YVR

 

Demographics
within a 1km Radius

  • Average Household Income is $124,517. 17% of households earn $200K+, projected to reach 21% by 2030. The $300K+ cohort has nearly tripled since 2020.

  • 82% of families are couples, 73% married. Average family size is 2.9 — peak demand for 3-bedroom and 5-bedroom ground-oriented product.

  • 44% of couple families have children at home. Family formation is growing, not declining. Median age is 39.7. These wealthy families want detached homes and duplexes.

  • 75% of employed residents hold professional or white-collar positions. Business, finance, tech, health, and education dominate. And, 20% work from home.

  • Top PRIZM segments: Asian Achievement (Index 1,658) and Asian Sophisticates (Index 1,315). High-income, family-oriented, homeownership-driven — 16× and 13× the national average respectively.

  • Only 589 owned dwellings within 500m — and declining. This is a built-out, supply-constrained Westside neighbourhood with virtually no new inventory.

    Detailed demographic reports available upon request.

gallery
of images

  • 10,600 sq ft buildable

  • 6 strata-titled homes

  • 15,125 sq ft land size

specifications

suite mix

  • Unit 1 (Building A) — 5 bed, 4 bath, 2,666 sq ft. Large family home with 900 sq ft potential suite.

  • Unit 2 (Building B) — 3 bed, 3 bath, 1,768 sq ft. Main residence with expansive private roof deck.

  • Unit 3 (Building B) — 2 bed, 2 bath, 860 sq ft. Ground-level suite with private patio.

  • Unit 4 (Building C) — 3 bed, 3 bath, 1,768 sq ft. Quiet two-storey rear residence.

  • Unit 5 (Building D) — 3 bed, 3 bath, 1,768 sq ft. Ground-oriented half-duplex home.

  • Unit 6 (Building D) — 3 bed, 3 bath, 1,770 sq ft. Ground-oriented half-duplex home.

Site Features

  • Surface parking — no underground

  • Rear lane access

  • Existing garage retained

  • Gated access

  • Crawl space storage

  • Wood-frame construction throughout

documents

Property
Brochure PDF

2 pages

link

Land Title
PDF

10 pages

link

non-disclosure
agreement

5 pages

link

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flexible income opportunity on east vancouver corner lot