Colliers is pleased to present a rare North Shore waterfront development opportunity in the Dollarton area.

Features:

• 5-lot bare land strata subdivision ready for servicing
• Located in excellent residential market devoid of new single family lots
• Potential for exclusive shared dock and water access
• Spectacular setting with beautiful views overlooking Burrard Inlet
• Public pathway and bridge/viewing area
• Rezoning, subdivision and development permits already in place
• Servicing required includes: earthworks/landscape, roadworks, waterworks, sanitary, drainage, hydro & cable
• Build 5 single family homes for sale in a market with little supply of new product
• Potential for development of shared dock facilities on waterfront area for strata use

Please contact David Taylor for further details.

david.taylor@colliers.com
604-692-1402

Despite minor movements in price growth for single family homes in the City of Vancouver, there has been steady annualized growth of 12.6% since 2001. For example, while 2009 saw a decline in sales activity and prices dropping by approximately 4%, prices are now back up well above their previous 2008 peaks.

The average price of a detached single family home in the City of Vancouver has risen from $712,235 in 2001 to $2,336,634 as of July 2011.

Is this growth sustainable despite being inexorably unlinked to traditional metrics such as income and population growth?

Source: MLS