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Development

Cambie Site Sells in $16.7 Million Deal

A strata townhouse complex located at the southwest corner of Cambie and West 65th Avenue has been acquired by the Buddhist Compassion Relief Tzu Chi Foundation of Canada for $16,700,000. The 34,600 SF site is currently zoned CD, but is designated for 6-storey development in the Cambie Corridor Plan. The purchase price equates to $195 per buildable SF assuming a density of 2.5 FSR.

510 West 65th

February 17, 2015by david.taylor@colliers.com

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