A walk-up apartment building in Metrotown has sold for $10,400,000, or $216,667 per unit. The building is located on a 32,500 SF site at 6425 Silver Avenue, just south of a number of large-scale developments on Beresford Street. The zoning for the property is RM-3 and it is not known if the OCP will permit a higher density when the new Metrotown Area Plan is released. The buyer was a local investor.
