Built before 1990: asbestos survey before renovating
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What the record says
Built 1989.
What it means
Buildings from before 1990 can contain asbestos in drywall compound, flooring, insulation and stucco. The City asks for a hazardous materials survey before it permits renovation or demolition of these buildings.
What to do
Budget for a hazardous materials survey and, if asbestos is found, removal by a certified contractor before any renovation.
The full report explains every finding like this one.
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R1-1 lot: fits a multiplex, 6 homes (8 if all rental), borderline
What it means and what to ask
What the record says
What it means
What to do
What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.
Assessed at $3,301,000 for 2026 (−11% on 2025). Assessed higher than 39% of the houses on Oliver Cres. The land is 87% of the value. School catchment: Trafalgar Elementary and Prince of Wales Secondary.
Read every record and what to do next
Each finding explained, full permit and value history, questions for the seller and a PDF for your agent.
Rezoning applications within 800 m: in the full report.
In Arbutus Ridge, the City issued 119 new-building permits and 70 demolition permits in the last two years. About the neighbourhood
Questions about 2721 Oliver Cres
What is 2721 Oliver Cres assessed at?
$3,301,000 for 2026, from BC Assessment through the City’s property tax report.
When was 2721 Oliver Cres built?
In 1989, according to BC Assessment.
What is the zoning of 2721 Oliver Cres?
It is zoned R1-1 under the Vancouver Zoning and Development By-law. More
What can be built at 2721 Oliver Cres?
Under R1-1 the lot appears to fit a multiplex, 6 homes (8 if all rental), right at the minimum size, so a survey decides. It has a rear lane, which a laneway home needs. More
Is 2721 Oliver Cres in a floodplain?
No. It is outside the floodplains designated by the City of Vancouver. More
Is 2721 Oliver Cres on the Heritage Register?
No. It is not listed on the Vancouver Heritage Register. More
Can 2721 Oliver Cres be rented short term (Airbnb)?
Only as the owner’s or tenant’s principal residence, with a City business licence and a provincial registration number; a second home or investment unit cannot be rented for less than 90 days. More
What building permits has 2721 Oliver Cres had?
None since 2017, when the City’s open permit records begin. More
Which schools serve 2721 Oliver Cres?
Elementary: Trafalgar Elementary. Secondary: Prince of Wales Secondary. Placement depends on space: confirm with the school.
How far is the nearest SkyTrain station from 2721 Oliver Cres?
King Edward Station is 3.7 km away in a straight line.
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