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.
  • Home
  • Listings & Sales
  • About
  • Subscribe
  • Metro Vancouver Commercial Real Estate Market Data
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.
Home
Listings & Sales
About
Subscribe
Metro Vancouver Commercial Real Estate Market Data
  • Home
  • Listings & Sales
  • About
  • Subscribe
  • Metro Vancouver Commercial Real Estate Market Data
Apartment, Development

Infill Apartment Building Planned for Arbutus Corridor

Strand Development has submitted a rezoning application for a 10,881 SF site on West 12th Avenue, next to the Arbutus greenway. The site is currently improved with an older commercial building occupied by Blenheim Import Auto Service. 

The plan for the site calls to rezone from the existing C-7 commercial zoning to permit the development of a 6-storey residential building. The proposal includes:

    • 48 rental apartment units;
    • 3 studios, 20 one-bedrooms, 15 two-bedrooms and 10 three-bedrooms
    • A total density of 3.47 FSR
    • A building height of 63.75 ft.; and
    • 20 underground parking spaces.

2075 West 12th2075 West 12th_2 2075 West 12th_1 The application is being made under the Rental 100 policy.

The architect for this project is Yamamoto Architecture.

February 20, 2017by david.taylor@colliers.com
Apartment, Development

Infill Tower Planned for North Van Apartment Property

A preliminary rezoning application has been submitted by Chard Development in order to add much needed rental apartment density to an existing apartment property in the Central Lonsdale area of North Vancouver.

1441 St. George’s Avenue is a rental apartment building at St. Georges and East 15th Street. The existing building is 14-storeys with a 2-storey commercial podium. The building contains 80 rental residential units and 52 commercial units.

The rezoning application is proposing to rezone the property to allow for the construction of a new rental tower on the West side of the site, including:

  • a 23-storey rental tower
  • 175 new rental units
  • 10 studios, 111 one-bedrooms, 114 two-bedrooms, 20 three-bedrooms (combined)
  • a total combined density of 6.29 FSR
  • purchase of 85,156 SF of density at $115 per SF

The site is currently zoned Central Lonsdale Mixed Use ‘C-1B’, which allows for a density of 2.60 FSR. The site is designated Mixed Use Level 4B land use in the Official Community Plan (OCR), which allows for an FSR of up to 3.0 with the potential for a density bonus of an additional 1.0 FSR.

1441 St. Georges1441 St. Georges_2

1441 St. Georges_3 1441 St. Georges_1 The architect for the project is MCM Partnership Architects.

The property sold in September 2016 for $37,500,000, or $310,000 per existing unit.

February 20, 2017by david.taylor@colliers.com

Search the Site

Vancouver Market Follow

David Taylor - Senior Vice President @ColliersCanada. Chronicling investment and development activity in Vancouver. Views are my own.

vancouvermrkt
Retweet on Twitter Vancouver Market Retweeted
globeandmail The Globe and Mail @globeandmail ·
16 Apr

First Capital REIT acquired by Choice Properties and KingSett for $5.2-billion

Reply on Twitter 2044762643806949766 Retweet on Twitter 2044762643806949766 3 Like on Twitter 2044762643806949766 4 X 2044762643806949766
Retweet on Twitter Vancouver Market Retweeted
gravitasmsn MN @gravitasmsn ·
16 Apr

First Capital REIT --> Choice Properties REIT and Kingsett Capital are teaming up to acquire the Canadian real estate company in a deal valued at over $9 billion, including assumed debt. Choice Properties will acquire roughly five billion dollars worth of shopping centres, while

Reply on Twitter 2044768222269063276 Retweet on Twitter 2044768222269063276 1 Like on Twitter 2044768222269063276 1 X 2044768222269063276
Retweet on Twitter Vancouver Market Retweeted
northshorenews North Shore News @northshorenews ·
16 Apr

West Vancouver condo project in receivership, causing 'heartbreak' in Dundarave

Reply on Twitter 2044620858858274895 Retweet on Twitter 2044620858858274895 6 Like on Twitter 2044620858858274895 14 X 2044620858858274895
vancouvermrkt Vancouver Market @vancouvermrkt ·
9 Apr

Greater Vancouver commercial real estate transactions down 8.3% in 2025 via @westerninvestor

Reply on Twitter 2042378406193738120 Retweet on Twitter 2042378406193738120 Like on Twitter 2042378406193738120 1 X 2042378406193738120
Load More

Categories

  • Apartment
  • Condo
  • Development
  • For Sale
  • Hotel
  • Investment
  • Land
  • Market Research
  • Office
  • Rental
  • Retail
  • SOLD


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.

© 2019 Copyright  |  All Rights Reserved