The Multiple Listing Service for Vancouver currently advertises a three-lot land assembly on Galt Street.
Right to Left: 2312 & 2320 & 2328 Galt Street
For practical purposes, these are adjacent identical properties: three older houses on 33×122 lots, each priced at $999,000, for a package total of $3 million. The main selling point is “Potential for LOW-RISE Multi Family unit Project.” These properties lie in an area covered by Norquay Village — Apartment Transition Area Rezoning Policy.
Just to the west, at 2298 Galt Street, construction is underway on what is so far Norquay’s only instance of four-storey apartment under the Norquay Plan. This unfortunate experiment on a single lot will not be repeated. City of Vancouver allowed this rezoning to happen between November 2010 approval of the Norquay Plan and April 2013 approval of specific zonings. Land assembly is now required.
2298 Galt Street at Far Right
Imagine being the owner of the single intervening property, a newer house — potentially trapped and orphaned between the ill-advised 2298 Galt experiment and the 2312-2320-2328 Galt assembly.