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

4-level Townhouse Project Proposed Near Oakridge

Next Pacific has applied to rezone an 11,128 SF, two lot assembly site at 151-157 West 41st Avenue from RS-1  to CD-1 to allow a townhouse development that includes:

    • a 4-storey building on West 41st Avenue;
    • a 2.5-storey building on Woodstock Avenue;
    • 15 residential units between 833 SF – 1,847 SF
    • a total density of 1.9 FSR; and
    • 19 underground parking spaces and 25 bicycle spaces.

The application is being considered under the Cambie Corridor Plan and Riley Park/South Cambie Community Vision. The architect for the project is DYS Architecture.

151 West 41st 151 West 41st_1

January 11, 2016by 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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