215 W 1st Ave, Vancouver, BC

A freehold property on a 41,923 m² M-2 lot with a rear lane. Assessed at $299,798,002 for 2026 (−54% on 2025).

Assessed 2026
$299,798,002
Zoning
M-2
Lot
≈ 41,923 m²
Built
—
1 serious2 to check7 notes1 clear
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What the records show for 215 W 1st Ave

Serious

Inside a designated floodplain

What it means and what to ask

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.

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Note

Zoned M-2

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What the record says
Lot about 41,923 m², measured from the City lot outline. Zoning district M-2 (M).
What it means
The zoning district sets what can be built and how the property can be used.
What to do
Read the district schedule or ask the City if you plan changes.

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Check

8 permits on this lot since 2017, 3 in the last 3 years

What it means and what to ask

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.

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Check

Combined sewer on this block

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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.

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Note

Rebuilt in 2026 after a demolition

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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.

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Note

Some permits are filed under another civic number

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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.

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Note

Assessed at $299,798,002, −52% since 2021

What it means and what to ask

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.

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Note

Value is almost all land

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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.

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Note

Railway line about 24 m away

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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.

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Note

Short-term rentals: only in your principal residence

What it means and what to ask

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.

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Clear

Not on the Heritage Register

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Street view

About 215 W 1st Ave

The highest assessed house in Mount Pleasant. The land is 100% of the value. The lot is larger than 100% of the lots in Mount Pleasant. Rebuilt after a 2025 demolition. Inside the floodplain. School catchment: Fraser Elementary and Eric Hamber Secondary. Olympic Village Station is 560 m away.

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Each finding explained, full permit and value history, questions for the seller and a PDF for your agent.
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Assessment history of 215 W 1st Ave

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2026$299,798,002
Down 52% since 2021
20202026

Permits on this lot · 8 since 2017

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Sep 2026 · New building, school - elementary or secondary$59,000,000
7 more permits in the full report

The lot and zoning

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Area≈ 41,923 m²
ZoningM-2
Rear laneYes
Frontage and depth
What the zoning allows

Schools and parks near 215 W 1st Ave
Elementary catchmentFraser Elementary
Secondary catchmentEric Hamber Secondary
The Westside School832 m
Elsie Roy Elementary908 m
Crosstown Elementary957 m
Hinge Park58 m
Habitat Island207 m

How catchments work

Transit near 215 W 1st Ave
Nearest SkyTrain: Olympic Village (Canada Line)560 m
Eastbound W 2nd Ave @ Columbia St · 84155 m
Westbound W 2nd Ave @ Manitoba St · 84266 m
Westbound W 2nd Ave @ Crowe St · 84273 m

Bus routes within 400 m: 84

Street, trees and terrain
City street trees in front81 · Red Oak, Katsura Tree
Ground elevation≈ 3 m above sea level
Elevation change across the siteabout 4 m
Nearest arterial roadW 2nd Ave, 136 m
Railway line24 m
Truck route136 m

Crime near 215 W 1st Ave

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Incidents within 400 m in the last 12 months, by type: in the full report.

Rezoning and development nearby

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Within 300 m in the last two years: 1 new-building permit and 1 demolition permit.

New buildings nearby:

Rezoning applications within 800 m: in the full report.

In Mount Pleasant, the City issued 38 new-building permits and 32 demolition permits in the last two years. About the neighbourhood

Questions about 215 W 1st Ave

What is 215 W 1st Ave assessed at?

$299,798,002 for 2026, from BC Assessment through the City’s property tax report.

What is the zoning of 215 W 1st Ave?

It is zoned M-2 under the Vancouver Zoning and Development By-law. More

What can be built at 215 W 1st Ave?

It is in a industrial district (M-2). The district schedule sets the number of homes, height and floor area. More

Is 215 W 1st Ave in a floodplain?

Yes. It is inside a floodplain designated by the City: Designated Floodplain (FCL 4.6m). More

Is 215 W 1st Ave on the Heritage Register?

No. It is not listed on the Vancouver Heritage Register. More

Can 215 W 1st Ave 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 215 W 1st Ave had?

The City has issued 8 permits since 2017. The latest, from Sep 2026: new building ($59,000,000). More

Which schools serve 215 W 1st Ave?

Elementary: Fraser Elementary. Secondary: Eric Hamber Secondary. Placement depends on space: confirm with the school.

How far is the nearest SkyTrain station from 215 W 1st Ave?

Olympic Village Station is 560 m away in a straight line.

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Other addresses on W 1st Ave

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Checked against City of Vancouver open data on October 25, 2026. How we check · Data sources · Glossary