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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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

FOR SALE: East Vancouver Development Opportunity

I am pleased to introduce this remarkable corner site on Commercial Drive in the burgeoning Grandview Woodland area of East Vancouver. The site represents a rare opporunity to develop a 6-storey market residential building just 3 minutes from one of Vancouver’s busiest transit hubs – Commercial/Broadway Skytrain Station.

Brochure – 1650 East 12th Ave – E Copy

November 17, 2017by david.taylor@colliers.com
Development

179-Unit Project Planned for Central Lonsdale Site

Adera Development has submitted a rezoning application to the City of North Vancouver for a former TELUS property at 8th and Lonsdale (south of East 11th). The site is triangular in shape and totals 62,543 SF. The proposal would include the retention of portions of the existing TELUS utility building which occupies the easternmost extent of the site; the site would be subdivided and 30 parking spaces would be provided for TELUS‘ use within the new residential development to the West.

The proposal, entitled Lonsdale Cityhomes, includes two new 6-storey residential buildings and a mix of townhouses. Details include:

  • 179 units;
  • Sizes varying from 600 to 1,900 SF;
  • a total density of 2.60 FAR;
  • a total CAC of $8,756,020;
  • 235 parking spaces

The lot is zoned Residential Medium Density 1 (RM-1) with an Official Community Plan designation of Residential Level 5. The OCP allows for a density of 1.6 FSR and a potential for an additional bonus of up 1.0 FSR in accordance with the Density Bonus and Community Benefits Policy. 

The architect for the project is Integra Architecture.

November 17, 2017by david.taylor@colliers.com

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

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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

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16 Apr

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

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9 Apr

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

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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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