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

Townhouses Proposed for Mount Pleasant Site

Mondevo Projects has applied to develop an RM-4N zoned site at 321 East 16th Avenue in the Mount Pleasant area of East Vancouver. The plan calls for a 3-storey stacked townhouse development on the site which is an assembly of three lots, one lot in from the Northeast corner of Sophia Street. An existing townhouse project is located next door. Details include:

  • 20 units
  • 9 three bedroom units, 2 two bedrooms and 9 one bedroom units on the ground
  • Total density of 1.45 FSR
  • 17,660 SF buildable
  • one level of underground parking

The project’s design, which includes outdoor stroller lockers, is intended to target young families.

321 E 16th

February 4, 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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