Vancouver Villages Program · Wallace Green Land Group

If Your Property Is in One of the 17 Villages, the City Is About to Rezone It For You.

The single largest pre-zoning event in Vancouver since the Cambie Corridor — affecting approximately 13,000 parcels across 17 Village areas. Most affected landowners do not yet know.

Call Jamie directly

604‑789‑5277

Most Vancouver Landowners Have No Idea They Are About to Be Rezoned. You Should Be the Exception.

If your property sits within one of the 17 designated Villages, the City of Vancouver has done in one program what historically took developers a year of rezoning work to achieve on a single site. The opportunity has been delivered to you. The question is what you do with it.

For decades, the development potential of a Vancouver single-family lot depended on whether a developer was willing to file a rezoning application — a year-long process with no guarantee of approval. Most landowners never saw a serious offer. The system was designed against gentle density on residential streets, and it worked.

The Villages Planning Program inverts that. The City has done the policy work, run the engagement, drafted the bylaws, and proposed City-initiated rezoning on approximately 13,000 parcels — 96% of properties within the 17 Village areas. If adopted at the July 14, 2026 Public Hearing, the new zoning attaches to your lot automatically. A developer evaluating your property the morning after adoption is not weighing whether they could get approval. They are weighing whether the math works on a project the bylaw already permits.

That is a fundamentally different valuation conversation than the one Vancouver landowners have had for the last thirty years. The owners who understand that — and who have a defensible read on what their specific Village permits — are positioned differently than the ones who learn about it from a developer letter six months from now.

Vancouver Land Transactions — Both Sides of the Table

He Has Closed on These Streets. On Both Sides of the Table.

Before joining Wallace Green, Jamie Wallace spent more than five years in the acquisitions department of one of Vancouver’s leading developers — evaluating and acquiring development sites across the city, including properties within the Cambie Corridor Plan area and adjacent neighbourhoods that the Villages Planning Program now designates for City-initiated rezoning. He understands how developers underwrite a Vancouver land site, what makes them move quickly, and where landowners have leverage they are not using.

Since joining Wallace Green, Jamie has represented both sellers and developer buyers on Vancouver’s Westside — running competitive processes, coordinating multi-owner assemblies, and delivering outcomes that reflect the full development value of the sites involved. The relationships he built on the acquisitions side are the ones he uses to create competition for the sellers he represents today.

Closed Vancouver Transactions — Inside or Adjacent to Future Village Areas

4338–4362 Cambie Street — Two-Lot Redevelopment Site

Representing seller · Single owner · Two lots · Conditional rezoning approval · Competitive process

$18,250,000

Sale Price

539, 547, 561 West 28th Avenue — Three-Lot Land Assembly

Representing sellers · Three neighbouring owners · Three lots assembled · Coordinated multi-owner representation

$14,300,000

Sale Price

5243 & 5257 Kersland Drive — Two Lots, Part of Four-Lot Assembly

Representing developer · Vancouver Oakridge area · Two lots within a four-lot corridor assembly

$9,982,500

Sale Price

Call Jamie directly

604‑789‑5277

Jamie Wallace — Land and Development, Wallace Green Real Estate Group

Vancouver Villages · Three Frameworks

Which Village You Are In Determines Your Framework.

The Villages Planning Program does not apply the same zoning to all 17 Villages. The West and Southwest Villages use one zoning framework; the Central, East, and Southeast Villages use another. A small number of sites within several Villages have additional, higher-density provisions carried over from prior community plans. Knowing which framework applies to your specific Village is the starting point for every serious conversation about value.

01

The West and Southwest Villages — C-2E and R3-4

Eight Villages on the West Side — Macdonald & West 16th, Macdonald & West King Edward, Mackenzie & West 33rd, Mackenzie & West 41st, Angus & West 57th, Granville & West 41st, Oak & West 49th, and Oak & West 67th — share the same baseline framework. The City-initiated rezoning enables development under either a mixed-use district (C-2E) or a residential district (R3-4), depending on the parcel. The C-2E district is intended for sites along the Village high street; the R3-4 district applies to residential sites within the Village boundary. Several West Side Villages also carry additional inclusionary housing requirements tied to project type and tenure — these vary materially by site and are best confirmed through a specific property assessment.

02

The Central, East, and Southeast Villages — C-2D and R3-1

Seven Villages spread across the rest of the city — Fraser & East 33rd, Knight & East 33rd, Commercial & East 20th, Nanaimo & East 1st, Nanaimo & East Broadway, Victoria & East 61st, Wales & East 41st, and Kerr & East 54th — operate under a different baseline. The City-initiated rezoning enables development under a mixed-use district (C-2D) or a residential district (R3-1). The framework is the standard one for these Villages, without the additional inclusionary requirements that apply on the West Side. The residual land value math is simpler — though it still requires running properly against the specific zoning that applies to your specific lot.

03

Site-Specific Provisions — Higher Density Carried Forward from Prior Plans

A small number of sites within several Villages carry additional, higher-density rezoning provisions that the Plan preserves from earlier community plans. At Oak Street & West 49th, specific blocks may be developed up to 12 storeys with up to 4.75 FSR under certain rental-tenure scenarios with affordable housing components. At Oak Street & West 67th, certain corner sites may be developed up to 8 storeys and 3.0 FSR as mixed-use buildings. At Nanaimo & East 1st and Nanaimo & East Broadway, multiple sites carry 6-storey provisions with FSRs ranging from 2.6 to 3.2. These are not the baseline framework — they are specific opportunities for specific sites that meaningfully change the residual land value calculation for the lots they apply to. If your property is on one of these blocks, it changes the conversation.

Heather Street & West 33rd — A Separate Track

One of the 17 Villages — Heather Street & West 33rd Avenue — sits inside the Cambie Corridor Plan area. The Villages Planning Program designates it as a Village, but its land use rules and disposition framework are governed by the Cambie Corridor Plan, not the Villages Plan. If your property is in or near the Heather & West 33rd area, the framework that applies to your lot is the Cambie Corridor framework — and that is a separate conversation, with separate value drivers.

See our Cambie Corridor page for the framework that applies to Heather & West 33rd →

The Question That Matters — Which Framework Is Yours?

Two landowners with similar lots, one on Macdonald Street and one on Fraser Street, are in fundamentally different residual land value conversations. The Macdonald owner is on the C-2E and R3-4 framework with potential inclusionary requirements. The Fraser owner is on the C-2D and R3-1 framework without them. A third owner at Oak & West 49th may have a site that qualifies for up to 12 storeys under a site-specific provision — an entirely different value scale. The starting point for every serious assessment is confirming which framework your specific property sits within — and whether any site-specific provisions apply to your lot.

All 17 Villages · Find Yours

The 17 Villages.

Every Village is identified by a central intersection. The boundaries extend outward from that intersection. If your property is anywhere near one of the 17 intersections below, you are likely inside a Village. Knowing which framework applies to your specific Village is the starting point for every serious conversation about value.

Group 03 · Governed by the Cambie Corridor Plan

The land use changes for this Village are integrated in the Cambie Corridor Plan, not the Villages Plan.

Boundaries shown are approximate. The City of Vancouver maintains the official Village area maps and is the authoritative reference. If your property sits anywhere within a Village boundary, the City-initiated rezoning applies to your lot if the Plan is adopted.

Vancouver Villages · Three Strategic Options

Three Paths Forward. Choose the One That Fits Your Property.

If your property is inside a Village boundary, the City has done the policy work that traditionally took developers a year of rezoning effort to achieve. The question now is how you want to capture the value that has been transferred to your lot. Three options — each with a different timeline, a different risk profile, and a different upside.

01

Sell Through a Competitive Process

The most common path. The Plan has done the pre-zoning work for you — meaning developers can now underwrite your site against the proposed zoning without rezoning approval risk. A competitive process run properly gets multiple developer buyers to the table, each evaluating against their own pro forma, with their offers reflecting the actual residual land value of your specific lot under your specific Village's framework. This is the path most likely to surface the true value of your property in the current market. It is also the path most likely to be done badly — one developer letter, one number, one quick decision is not a competitive process.

02

Coordinate a Land Assembly with Your Neighbours

In many Villages, the most efficient development sites are not single lots but assemblies of two, three, or four adjacent parcels. An assembly typically commands a premium over the sum of its individual lots because it enables larger, more efficient buildings under the new zoning — sometimes triggering different unlock conditions in the Plan (full-block site-specific provisions, for instance, at Oak & West 49th). Coordinating an assembly is logistically complex — it requires aligning multiple owners on timing, price expectations, and process — but the value uplift can be material when executed well.

03

Develop or Partner

Some landowners would rather retain their land position and participate in the development upside rather than sell outright. The Villages framework supports this through partnership structures — ground leases, equity stakes in development entities, joint ventures with builders. This path is more involved than selling and requires longer timelines and more sophisticated structuring, but for the right property and the right owner, it can be the highest long-term return. Most appropriate for landowners with a long planning horizon and an interest in being part of the building, not just the sale.

The Timing Question.

The Public Hearing for the Villages Plan is tentatively scheduled for July 14, 2026. If the Plan is adopted, the new zoning applies automatically. Some landowners will choose to wait for adoption before initiating any process — preferring certainty over speed. Others are already in conversations with developers who are underwriting against the proposed framework now, ahead of the hearing.

Neither approach is universally correct. The right choice depends on your specific Village, your specific lot, the strategic posture of buyers currently active in your area, and your own timeline preferences. The first conversation is about understanding which option fits your situation — not about pushing you toward any particular path.

The Buyer Side of the Table — Already Built

The Developers Underwriting Village Sites Already Know Jamie.

The most reliable way to surface the true value of a development site is to have multiple credible buyers competing for it. The most reliable way to get multiple credible buyers competing is to already know them — what they build, what their pro forma looks like on a six-storey C-2E or C-2D site, what they pay for, what they avoid, who in their organisation makes the go/no-go call.

For five years before joining Wallace Green, Jamie sat on the buyer side of the table at one of Vancouver’s leading developers. He has known the active Vancouver land buyers personally for over a decade. He has run the underwriting models himself. When he picks up the phone to a builder evaluating Village sites today, that call gets returned the same day — not because of brokerage prestige, but because of relationships built one transaction at a time.

For Village landowners, that network translates into one specific thing: competition. When Jamie runs a process on a Village site, the offers come from buyers who already understand the policy framework, already have the capital lined up, and already know they are bidding against other credible buyers. That is the dynamic that produces a real number — not a positioning offer from a developer hoping you have not done your homework.

“Most landowners make the biggest financial decision of their life without professional representation on their side. That is what we change”

Jamie Wallace · Personal Real Estate Corp. · Land & Development

Call Jamie directly — 604‑789‑5277

Why Vancouver Villages Landowners Work With Wallace Green

$250M+

In real estate personally negotiated and acquired by Jamie Wallace — including Vancouver Westside development sites

14+

Years licensed as a BC REALTOR® — including 5+ years on the acquisitions desk at one of Vancouver’s leading developers

Master

Oakwyn Master Award 2021 — Jamie Wallace — top 30 agents across the #1 listing office in Greater Vancouver

Top Producer

Oakwyn Top Producer Award — Jamie Wallace — 2022, 2023 and 2025

Wallace Green Real Estate Group operates under Oakwyn Realty Ltd. — the #1 listing office in Greater Vancouver by gross dollar volume, seven consecutive years. Jamie Wallace, Scott Wallace, and Carson Green are licensed Personal Real Estate Corporations.

Common Questions

What Vancouver Villages Landowners Ask

These are the questions we hear most often from landowners inside the 17 Villages in the first conversation. Call Jamie directly at 604‑789‑5277 if yours is not here.

Is my property definitely inside a Village boundary?

Not all properties near a Village intersection are inside the boundary. The Village boundaries follow specific street lines and parcel edges — a property one block away from the central intersection may or may not be included. The most reliable way to confirm is to check the official City of Vancouver boundary map for your specific Village, which you can access by clicking your Village name in the section above. If you want a definitive confirmation specific to your address, that is the first thing we establish in an initial consultation.

What happens if Council does not adopt the Plan at the July 14, 2026 Public Hearing?

If the Plan is not adopted, the City-initiated rezoning does not proceed and properties within the Village boundaries remain on their current zoning. The development potential of those properties would revert to what their existing zoning permits — which in most cases is single-family or low-density residential. That said, the Vancouver Official Development Plan, adopted in 2026, has already identified all 25 Villages as priority areas for growth — meaning even a delayed or modified adoption is likely to result in some form of increased density at these locations over time. The July 14 hearing outcome determines the timeline and the specific framework, not whether these areas will eventually see change.

What is the difference between City-initiated rezoning and privately-initiated rezoning?

City-initiated rezoning means the City of Vancouver files the rezoning application and bears the cost, risk, and timeline of the approval process. If adopted, the new zoning applies automatically to all eligible parcels within the Village boundary — no individual application required for what the Plan permits. Privately-initiated rezoning means a developer or landowner files their own rezoning application for a specific site, seeking permissions beyond what the standard zoning allows. The Villages Plan identifies certain sites where privately-initiated rezoning may still be considered for higher-density or more complex projects — these are flagged on the individual Village maps as privately-initiated rezoning areas. Understanding which category your site falls into is fundamental to understanding its development pathway.

How does the Villages program affect my property value?

The Villages program proposes to increase the permitted density and use of properties within Village boundaries — from single-family or low-density residential to low-rise residential and mixed-use buildings up to six storeys in most cases. In general, increased permitted density increases the residual land value of a property because a developer can build more floor area on the same lot, improving the economics of a project. However, the actual impact on your specific property depends on your Village, your lot size, your lot dimensions, whether site-specific provisions apply, and current market conditions for the property type the new zoning enables. We do not publish general estimates of value impact because they are not meaningful at the individual lot level. The value conversation happens at the property-specific level in a consultation.

Should I wait until after the Public Hearing to make any decisions?

That depends on your circumstances. Waiting for adoption provides certainty — you know the zoning is in force before any transaction proceeds. Acting before adoption means engaging with buyers who are already underwriting against the proposed framework, in a market where fewer competing sellers are active. Neither approach is universally correct. The right answer depends on your timeline, your specific Village and lot, the activity level of buyers currently evaluating your area, and your appetite for operating with some policy uncertainty. What we can tell you is that the information-gathering phase — understanding your lot, your Village framework, and what buyers are currently paying in your area — costs nothing and positions you to act decisively whichever way the hearing goes.

What is the difference between the West and Southwest Villages and the Central, East, and Southeast Villages?

The primary difference is the zoning framework and, for some West Side Villages, the presence of additional affordable housing requirements. The West and Southwest Villages use a C-2E mixed-use district and R3-4 residential district framework. The Central, East, and Southeast Villages use a C-2D mixed-use district and R3-1 residential district framework. Several West Side Villages also carry inclusionary housing requirements that affect the residual land value calculation for certain project types — these vary by Village and by the type of development proposed. The framework that applies to your specific Village is identified in the section above, and the individual Village boundary maps include the specific zoning designations for each parcel.

Can I assemble my lot with my neighbours before the hearing?

Yes. A land assembly can be initiated, negotiated, and completed at any time — before or after the hearing. The practical consideration is that assembling before adoption means negotiating with neighbours against a proposed framework rather than a confirmed one, which can complicate pricing alignment. That said, some of the most effective assemblies are initiated early — before neighbouring owners receive developer letters and form independent price expectations that may be difficult to align later. Wallace Green has coordinated multi-owner assemblies on Vancouver sites and understands what it takes to hold a process like this together. The timing question for assemblies is strategic, not regulatory.

Does the Villages program affect properties on Heather Street and West 33rd Avenue?

Heather Street and West 33rd Avenue is designated as one of the 17 Villages, but its land use changes are integrated in the Cambie Corridor Plan rather than the Villages Plan. If your property is in or near the Heather and West 33rd area, the framework that applies to your lot is the Cambie Corridor framework — which has its own set of policy layers, zoning designations, and value drivers. We cover the Cambie Corridor framework in detail on our Cambie Corridor Development page.

Vancouver Villages Program · Wallace Green Land Group

Your Village Has Been Identified. Your Lot Has Not Been Assessed Yet.

The Villages Planning Program has done the policy work. The Public Hearing is tentatively scheduled for July 14, 2026. Developers are already underwriting against the proposed framework. The landowners who understand their specific lot — which framework applies, what the new zoning permits, what buyers are currently paying in their area — are positioned differently than the ones who find out from a developer letter after the fact.

The first conversation is confidential, carries no obligation, and will tell you exactly where you stand. That is worth taking.


Reach out directly

Jamie Wallace

Personal Real Estate Corp.

604‑789‑5277

Email Jamie

jamie@wallacegreen.ca

Wallace Green Real Estate Group · Oakwyn Realty Ltd.

101 – 3151 Woodbine Drive, North Vancouver, BC V7R 2S4

This representation is based in whole or in part on data generated by the Chilliwack and District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS®, which assumes no responsibility for its accuracy. Wallace Green Real Estate Group operates under Oakwyn Realty Ltd. Jamie Wallace, Scott Wallace, and Carson Green are licensed Personal Real Estate Corporations. Policy information on this page reflects the Draft Villages Plan as of the date of publication and is subject to change. Confirm all policy details with the City of Vancouver before making any decisions.

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