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.
Development

Townhouse Project Planned for Mount Pleasant

A development application for a proposed townhouse development in the Mount Pleasant area of East Vancouver proposes to retain and restore an older single family house located at 367 East 16th Avenue, zoned RM-4N and to develop townhouse units. The site is located on the North side of East 16th Avenue between Sophia and Prince Edward Streets, and is comprised of three single family lots, each 33 feet wide and 123 feet deep. Details of the design, by Studio One Architecture include:

  • 15 townhouse units
  • a total density of 1.45 FSR (max)
  • 17 underground parking spaces
  • a building height of 36.5 feet
  • 3-storey woodframe on top of concrete underground
  • building on piles due to peat and groundwater

367 East 16th_1367 East 16th 367 East 16th_2

 

August 13, 2015by 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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