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5490 Ash Street
Cambie, Vancouver, BC
Details
Description
DEVELOPMENT APPROVED SITE – PRIOR-TO LETTER IN HAND! An exceptional opportunity to acquire a "shovel-ready" potential project at 5490 Ash Street. The owner has successfully secured the Prior-to Letter for a 16-Unit Townhouse Development, allowing the buyer to bypass years of permitting and design time. Situated on a massive 8,200 sq.ft. (61'' frontage) corner lot in the prestigious Cambie Corridor/TOA zone, this site offers immediate viability and high ROI. The existing solid 2-storey home generates holding income while you finalize the remaining conditions. Skip the lineup at City Hall—this premier site is ready for the next steps.
Location
Technical Information
| MLS® # | R3066978 |
| Property Type | House |
| Dwelling Type | House/Single Family |
| Home Style | Residential Detached |
| Kitchens | 1 |
| Year Built | 1954 |
| Parking | Garage Double |
| Tax | $21,946 in 2024 |
Floor Area (sq. ft.)
| Main Floor | 1,550 |
| Above | 2,160 |
| Total | 2,160 |
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| Date | Address | Bed | Bath | Kitchen | Asking Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 11/10/2025 |
This Property |
3 | 3 | 1 | $5,788,000 | Login to View | 35 | 2 | 1954 | 2,160 sqft | 8,200 sqft |
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4 | 3 | 1 | $5,750,000 | Login to View | 1510 | 2 | 1939 | 3,440 sqft | 7,405 sqft |
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4 | 3 | 1 | $5,750,000 | Login to View | 2442 | 2 | 1939 | 3,335 sqft | 7,500 sqft |
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5 | 3 | 2 | $5,750,000 | Login to View | 1523 | 2 | 1939 | 3,450 sqft | 7,500 sqft |
Recently Sold Houses In Cambie, Vancouver
| Date | Address | Bed | Bath | Kitchen | Asking Price | Sold Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 11/13/2025 |
98 W 18th Avenue |
4 | 4 | 2 | Login to View | ( -5.7%) | Login to View | 20 | 2 | 2011 | 2,345 sqft | 3,721 sqft |
| 11/05/2025 |
318 W 17th Avenue |
5 | 4 | 2 | Login to View | ( -4.0%) | Login to View | 110 | 2 | 1987 | 2,732 sqft | 4,538 sqft |
| 11/04/2025 |
5670 Columbia Street |
3 | 2 | 2 | Login to View | ( -14.1%) | Login to View | 57 | 1 | 1943 | 1,763 sqft | 5,579 sqft |
| 10/20/2025 |
637 W 24th Avenue |
3 | 2 | 2 | Login to View | ( -1.8%) | Login to View | 3 | 2 | 1942 | 2,686 sqft | 5,044 sqft |
| 09/22/2025 |
122 W 18th Avenue |
4 | 5 | 3 | Login to View | ( 9.9%) | Login to View | 4 | 3 | 1912 | 4,069 sqft | 4,026 sqft |
| 09/14/2025 |
163 W 26th Avenue |
4 | 4 | 2 | Login to View | ( -6.4%) | Login to View | 40 | 3 | 1945 | 3,520 sqft | 5,127 sqft |
| 09/12/2025 |
670 W 20th Avenue |
5 | 2 | 2 | Login to View | ( 0.0%) | Login to View | 1 | 2 | 1960 | 2,178 sqft | 4,026 sqft |
| 09/09/2025 |
105 Peveril Avenue |
3 | 4 | 2 | Login to View | ( -1.1%) | Login to View | 5 | 2 | 2017 | 3,622 sqft | 5,832 sqft |
| 09/06/2025 |
638 W 17th Avenue |
8 | 4 | 4 | Login to View | ( -9.3%) | Login to View | 158 | 2 | 1923 | 3,047 sqft | 4,026 sqft |
| 08/29/2025 |
745 W 41st Avenue |
0 | 0 | 0 | Login to View | ( -8.3%) | Login to View | 63 | 1 | 1951 | 3,180 sqft | 6,876 sqft |
Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouve and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.