Property Type: Land / LotOwnership: Freehold

7957 COLUMBIA STREET

Vancouver, BC V5X2Z3

$3,300,000

Get Directions

Property Details

Property & Lot

Lot size
8,255 square feet
Frontage
98 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$18,517 (2025)

Interior

Fireplace
None

Listing Information

MLS®
R3151553
Listed
August 4, 2026
Time on market
On the market for 27 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Rennie & Associates Realty Ltd. · Data source: CREA DDF.

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. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Vancouver average

$1,442/sqft

12 active listing(s)

Parking: Not indicatedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Clear

17°C

Clear

Humidity 100%

Wind WNW 13 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

662,248

(2021 Census)

+4.9% since 2016

Density: 5,749.7/km²

Dwellings: 328,347

Median household income: $82,000

After-tax: $72,000

Immigrant population: 42.2%

Top countries of origin (% of total population)

  • China9.6% · 63,270
  • Philippines4.5% · 29,925
  • Hong Kong3.8% · 25,485
  • India2.2% · 14,640
  • United Kingdom1.9% · 12,895
  • Viet Nam1.8% · 12,115
  • Taiwan1.5% · 9,865
  • United States of America1.5% · 9,790

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

63

8/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
des ColibrisElementary510 m
J.W. Sexsmith Community ElementaryElementary587 m
Sir Wilfrid Laurier ElementaryElementary1.1 km
Sir Winston Churchill SecondaryElementary1.2 km
Pierre Elliott Trudeau ElementaryElementary1.3 km
Oakridge Montessori Children's Learning(Independent)Elementary1.4 km
John Henderson ElementaryElementary1.7 km
Dr Annie B Jamieson ElementaryElementary1.7 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Westbound SW Marine Dr @ Manitoba St209 m
Northbound Cambie St @ W 64 Ave274 m
Eastbound SW Marine Dr @ Manitoba St288 m
Southbound Cambie St @ W 62 Ave317 m
Northbound Cambie St @ W 61 Ave384 m

Nearby Places

Restaurants (4)

  • Kinton Ramen · 434 Southwest Marine Drive377 m
  • Neptune Palace Seafood Restaurant · 470 Southwest Marine Drive426 m
  • Smart N Save Cafe · 470 Southwest Marine Drive449 m
  • Fortune Terrace JOY CAFE · 525 Southwest Marine Drive491 m

Cafes (5+)

  • CoCo Fresh Tea & Juice · 491 Southwest Marine Drive354 m
  • Bubble Waffle Cafe · 495 Southwest Marine Drive362 m
  • Starbucks · 472 Southwest Marine Drive449 m
  • Tim Hortons · 487 Interurban Way472 m
  • Starbucks · 8201 Ontario Street523 m

Grocery (1)

  • 大統華 T&T Supermarket · 458 Southwest Marine Drive416 m

Parks (4)

  • Unnamed68 m
  • Winona Park299 m
  • Ash Park549 m
  • Unnamed663 m

Shopping (3)

  • Winners · 458 Southwest Marine Drive379 m
  • Marshalls · 8137 Ontario Street474 m
  • Canadian Tire · 8277 Ontario Street522 m

Gyms (1)

  • Fitness World · 452 Southwest Marine Drive407 m

Pharmacies (1)

  • Shoppers Drug Mart · 432 Southwest Marine Drive369 m

Banks & ATMs (5+)

  • RBC Royal Bank · 445 Southwest Marine Drive363 m
  • TD · 446 Southwest Marine Drive385 m
  • Unnamed408 m
  • CIBC · 496 Southwest Marine Drive422 m
  • Scotiabank · 8191 Cambie Street431 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($660,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,640,000.00
Periodic payment — Principal & Interest (monthly)$17,032.38
Additional monthly expenses (strata, tax, utilities, etc.)$1,543.08
Total monthly cost$18,575.47
Interest paid over 5-yr term$756,631.59
Balance at end of term$2,374,688.54

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$660,000
Stress test qualifying rate8.09%
Payment you must qualify for$20,300.68

Cash Needed at Closing

Minimum down payment$660,000
Estimated BC PTT$83,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$744,500

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

Request more information