You Know Your Cambie Property Has Development Potential. Do You Know Exactly What It Is Worth?

Your tier is determined by your specific address against current City of Vancouver zoning maps — not by your street name or general location within the corridor. Two properties on the same block can be in different tiers. The three layers are R1-1 multiplex (3 to 8 units), RM-8A townhouse (ground-oriented density without rezoning), and the October 2025 R3, R4, or R5 zones (4 to 22 storeys, development permit only). Confirming your tier takes minutes with the right tools. Jamie can confirm your specific address in the first conversation.

In October 2025, City Council approved new low-rise (R3), mid-rise (R4), and high-rise (R5) district schedules for portions of the Cambie Corridor — primarily the Oakridge Municipal Town Centre sub-area. For properties in these zones, the rezoning eliminates the need for an individual site rezoning application, allowing projects to proceed directly to the development permit stage. This cuts approximately 12 months from the approval process. A shorter, more predictable development timeline changes what a developer can afford to pay for a site today versus before the rezoning. Not every Cambie property is affected — it depends on your specific location within the corridor.

The honest answer is that your number may be right, slightly off, or significantly disconnected from current development economics — and the only way to know is to run the analysis against what is actually happening in the corridor today. Construction costs, interest rates, and achievable sale prices for completed units all move over time, and they all affect what a developer can afford to pay for your land. The October 2025 rezoning changed the timeline equation for some sites, which may support stronger values. But for other sites, market conditions may not yet support the number you have been waiting for. An honest assessment tells you which situation you are in — and that is a far better basis for a decision than the number a developer offered you three years ago.

Possibly — and if so, it may be worth considerably more per lot assembled than sold individually. Whether an assembly is viable depends on your neighbours, the combined site dimensions, the density tier the assembled site qualifies for, and current developer appetite for sites of that scale in your block. Assemblies are complex. They require all owners to align on timing, process, and price. One owner who holds out or deals separately can collapse the value for everyone else. Wallace Green has coordinated multi-owner assemblies on the corridor and understands what it takes to hold a process like this together. If you think assembly might be relevant for your situation, that conversation is worth having early.

Jamie spent more than five years as an acquisitions professional for a Vancouver developer before joining Wallace Green. The relationships he built during that career — with builders, developers, and investors active in the corridor — are the ones he uses when representing sellers today. This is not a cold-call database. These are people Jamie has worked with directly, who trust his assessment of a site, and who move quickly when the right opportunity is presented. When multiple qualified parties are engaged simultaneously, it creates the competitive dynamic that produces the best outcomes for sellers. That is how the Cambie two-lot sale at $18,250,000 and the West 28th assembly at $14,300,000 came together.

Tax treatment depends on your specific situation — how long you have owned the property, whether it has been your principal residence, how the transaction is structured, and applicable tax rules at the time of sale. Development land sales on the Cambie Corridor often involve significant proceeds, which makes getting the tax analysis right before signing anything particularly important. Wallace Green works alongside accountants and tax advisors who specialise in corridor development transactions and can make introductions where needed. Do not make any decisions about timing or structure without this conversation first.

Yes. Wallace Green works with collaborating agents who speak Mandarin and Cantonese. If you or a family member would be more comfortable having part of this conversation in your first language, we can accommodate that. The goal is for every landowner to fully understand their options — the policy layers, the development economics, the process — before making any decisions. Language should never be a barrier to getting that clarity. Call Jamie at 604‑789‑5277 and let him know and he will arrange accordingly.

Yes. Many of the Cambie Corridor landowners who call Jamie are not planning to act immediately. Some have been monitoring the market for years and simply want a current, honest read on where things stand. Others want to understand whether the October 2025 rezoning affects their timing calculus. The consultation is free, confidential, and carries no obligation. The landowners who have done the work of understanding their exact tier and current market value are the ones who make the best decisions when they are ready to move.