Vancouver Market - Tracking commercial real estate investment sales across Metro Vancouver — sale prices, cap rates, and $/SF data for apartment, retail, office, land, and development transactions. By David Taylor, SVP at Colliers International Canada.
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FOR SALE: 2445 Hemlock Street

2445 Hemlock

 

2445 Hemlock St Brochure

February 5, 2014by david.taylor@colliers.com
Development

43-unit Condo Building Proposed for West King Edward

Pennyfarthing Development Corp. has made an application to rezone an assembled site at 357-391 West King Edward Avenue (one block East of Cambie) from RS-1 to CD-1  District.  The proposal is for a residential development consisting of one 4-storey building and 2-storey townhouses along the lane.

The proposal includes:

    • 43 residential units;
    • a maximum building height of 50.5 ft
    • a total density of 1.88 FSR
    • 48 underground parking spaces.

The 22,956 SF site was assembled last year for a total of $6,985,000, representing $162 per buildable SF.

357 King Edward_2 357 King EdwardLearn more: http://former.vancouver.ca/commsvcs/planning/rezoning/applications/357-391wkingedward/index.htm

February 5, 2014by david.taylor@colliers.com
Development

Another Proposed Rental Project, On Fraser Street

Another application for a rental apartment project has been submitted under the Rental 100 incentive program; this time in South Vancouver. The application is to rezone 7350 Fraser Street from RT-2  to CD-1 to allow a 6-storey rental building that includes:

    • 96 secured market rental units
    • a building height of 45.3 ft
    • a density of 2.61 FSR
    • 78 underground parking spaces

7350 Fraser Street_2 7350 FraserLearn more here: http://former.vancouver.ca/commsvcs/planning/rezoning/applications/7350fraser/index.htm

February 5, 2014by david.taylor@colliers.com

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