Colliers has acted on behalf of the Vendor in the sale of 5895 Barker Avenue, a 48-unit apartment building in Metrotown, that represents a 31,520 SF development site. The purchase price was $12,500,000, representing about $117 per buildable SF based upon anticipated rezoning to allow a high-density residential project. The RM-3 zoned site is located about l 100 metres from Patterson Skytrain Station.