The subject property is located in the Downtown South area of Vancouver at the southeast corner of Drake Street and Seymour Street. This rectangular property has 120 feet of frontage along Drake Street and 50 feet of frontage on Seymour Street with lane access off of Drake Street. The total site area is 6,000 SF with 100% site coverage. The property is improved with a 16,702 SF three-storey wood-frame building with approximately 4,923 SF of commercial on the ground floor and 13 residential units distributed on the 2nd & 3rd floors.
The property is zoned DD Downtown District (Sub Area ‘L1’). Maximum density for all uses shall be floor space ratio 3.00 except that there is a provision to increase to 5.00 FSR for a site with social housing provided social housing comprises more than two-thirds of the FSR. The maximum buildable height is 70 feet.
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