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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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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Development

68-unit Project Proposed for Cambie & 33rd

Kenstone Properties has applied to rezone a 32,681 SF site at 468 West 33rd Avenue and 4956-4958 Cambie Street under the Cambie Corridor Plan, which allows residential uses up to 6-storeys in this location.  The proposal includes:

  • 68 residential units, including 8 townhouses;
  • a 906 SF retail space on the ground floor;
  • a density of 2.57 FSR;
  • 30 three-bedroom units;
  • 2-levels of underground parking

Cambie & 33rdCambie & 33rd _2

This site sold back in June 2012 for $13,600,000, or $159 per buildable SF.

August 25, 2014by david.taylor@colliers.com
Apartment, Development

Market Spotlight: 1601 Comox Street

By ChangingCity

1601 ComoxGrace Court is a 1912 7-storey 26 unit concrete apartment building designed by R MacKay Fripp for D D Hutchinson. When it was built it cost $40,000 and filled just over half the lot it sits on. Recent changes to the West End zoning from the West End Plan allow an infill building on the remainder of the site. (Generally the infill is allowed on the lane, although in this case it’s the end lot so it will be addressed as 1071 Cardero Street).
Designed by Ankenman Marchand it’s one of three projects now working their way through the permitting system. (These are not rezonings, so shouldn’t take as long). The four storey infill proposed has 11 units, with 5 2-bed family units, including those on the main floor, and the other six 1-bed. They can only be rental units, and the architects describe the project as “architecturally designed in a contemporary style”.

…read more

Source:: Changing City Updates

August 25, 2014by david.taylor@colliers.com

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David Taylor - Senior Vice President @ColliersCanada. Chronicling investment and development activity in Vancouver. Views are my own.

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globeandmail The Globe and Mail @globeandmail ·
16 Apr

First Capital REIT acquired by Choice Properties and KingSett for $5.2-billion

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gravitasmsn MN @gravitasmsn ·
16 Apr

First Capital REIT --> Choice Properties REIT and Kingsett Capital are teaming up to acquire the Canadian real estate company in a deal valued at over $9 billion, including assumed debt. Choice Properties will acquire roughly five billion dollars worth of shopping centres, while

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northshorenews North Shore News @northshorenews ·
16 Apr

West Vancouver condo project in receivership, causing 'heartbreak' in Dundarave

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9 Apr

Greater Vancouver commercial real estate transactions down 8.3% in 2025 via @westerninvestor

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David Taylor Personal Real Estate Corporation

Colliers International

DT

David Taylor

Senior Vice President, Colliers Canada

David Taylor is a Senior Vice President at Colliers International in Vancouver, BC, specializing in the sale of commercial real estate across Metro Vancouver. He has sold over $1.7 Billion in office buildings, retail properties, apartment buildings and development land since 2004.

Vancouver Market chronicles investment and development activity in Metro Vancouver, including sale prices, cap rates, $/SF metrics, and market context for commercial real estate transactions.

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