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

54-Unit Building Planned for West 41st near Cambie

iFortune Homes has submitted a rezoning application for a three lot land assembly in the Cambie Corridor area. The address for the combined 21,342 SF site is 5733 Alberta Street and 376-392 West 41st Avenue. The preliminary plan calls for a 6-storey building that includes:

  • 54 market residential units;
  • 17 one-bedroom units, 23 two-bedrooms & 14 three-bedroom units
  • a building height of 69 ft.;
  • a density of 2.63 FSR; and
  • 62 underground parking spaces and 84 bicycle parking spaces.

5733-alberta 5733-alberta_1 5733-alberta_2The application is being considered under the Cambie Corridor Plan.

The architect for the project is GBL Architects.

December 11, 2016by david.taylor@colliers.com

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David Taylor Personal Real Estate Corporation

Colliers International

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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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