1516 E 1st Ave
Vancouver · PID 015-022-820
Near rapid transit: buildings up to 8 storeys may be allowed
15,199 ft² lot · zone RM-4
Free, no obligation. Questions go to a licensed BC REALTOR® with Vanak International Properties.
What BC law allows here
This lot is in a transit-oriented area: BC law lets the city approve buildings up to 8 storeys here.
If this lot were rezoned
| Floor space | Homes | Land $/buildable ft² | |
|---|---|---|---|
| Today's zoning (RM-4) from the city's bylaw, FAR 1.45 | 22,038 ft² | about 17 | $27 |
| Transit-area rezoning (Bill 47) the city must allow at least 8 storeys, FAR 3.00 | 45,596 ft² | about 52 | $13 |
Rough planning numbers: homes assume about 85% sellable floor space and 750 ft² apartments (1,100 ft² for houses and townhouses). Transit-area figures are the minimum a city must allow on a rezoning, not an approval. Land cost uses the assessed land value. Confirm with the city.
Front of the lot
Street view, aerial photo and map from Google; drag to look around. Photos may be a few years old. Imagery © Google. Open in Google Maps ↗
Lot facts
- Address
- 1516 E 1st Ave
- City
- Vancouver
- PID
- 015-022-820
- Lot size
- 1,412 m² · 15,199 ft²
- Zone
- RM-4 Townhouses & apartments RM-4 rules
- Street
- All 323 lots on E 1st Ave
- Condo building
- 1516 E 1st Ave: all 30 units
- Homes guide
- How many homes can I build in Vancouver?
- Year built
- 1989
- Assessed value (2026)
- $696,000 (land $586,000)
- Property tax
- about $2,340 a year
• Near a frequent bus stop
Zoning rules · RM-4 · Multiple Dwelling District (RM-4)
Permit a variety of multiple dwelling forms including 4-storey apartments and 6-storey social housing apartments, encourage retention of existing buildings (s.1.1).
- Max floor area
- 22,038 ft² (2,047 m²), floor space ratio 1.45
- Max height
- 35 ft (10.7 m)
- Setbacks
- front 6.1 m, side 2.1 m, rear 10.7 m, flanking side 3.0 m
- Homes
- No unit cap stated.
Zoning and Development By-law No. 3575 (district schedules consolidated to 2026-06; RT-1, RT-2, RT-4/4A, RT-8, RT-10, RM-2, RM-3, FM-1 headers read May 2026; RM-6 February 2026) · s.1.1, 2.1, 3.1.1.1-3.1.1.3, 3.1.2, 3.2-3.5, 4.1.2, 4.2.1. Estimated from the bylaw for a lot of this size; confirm with the city before buying or building.
More on the map
The map shows this lot's true shape and buildable area, slope, sun and shadow, walking distances, schools, hazards, rents and building permits nearby.
Nearby lots
- 103-1516 1st Ave E 85 m² · RM-4
- 1433 E 1st Ave 1,407 m² · RM-4
- 1514 Graveley St 748 m² · RM-4
- 1516 E 1st Ave 1,412 m² · RM-4
- 1529 E 3rd Ave 2,622 m² · RM-4
- 1545 E 2nd Ave 1,873 m² · RM-4
- 1545 E 2nd Ave 1,873 m² · RM-4
- 1569 Graveley St 749 m² · RM-4
- 1611 E 3rd Ave 1,125 m² · RM-4
- 1623 E 2nd Ave 1,124 m² · RM-4
- 1641 Woodland Drive 1,055 m² · RM-4
- 1700 Mclean Drive 374 m² · RM-4
Data updated Nov 5, 2026. Sources: lot lines from city open data and ParcelMap BC, zoning from each city's open data and bylaw, values from city open data where published, BC Bills 44 and 47. Estimates only, not an appraisal or legal advice; confirm with the city.