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.
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

Townhouse Project Planned for Marpole

A development application has been made to the City of Vancouver to develop a 20,108 SF site at 8492-8570 Osler Street, an assembly of five single-family homes near Oak and 70th Street. This area was rezoned by the Marpole Community Plan in 2014 and this particular block is now in the RM-8 zone, which allows townhouse development up to 1.20 FSR. The plan by Formwerks Architectural for this assembled site includes:

  • a courtyard townhome development with 4 buildings
  • a total of 18 two plus partial storey units
  • 1 level of underground parking accessed of lane
  • A total density of 24,220 SF (1.20 FSR)
  • 30 ft courtyard

8492 Osler_18492 Osler

 

August 25, 2015by david.taylor@colliers.com

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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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