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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Apartment, Development

44-Unit Building Proposed for Upper Lonsdale Site

A rezoning application has been made for an existing apartment property at Lonsdale and 26th Street in North Vancouver. There was a fire in the building one year ago and the existing apartment property has been vacant ever since. The proposal for  the new building includes the potential acquisition of a road right of way totaling 9,625 SF to expand the site to a total of 17,962 SF. The site is designated Residental Level 5 in the City of North Vancouver’s Official Community Plan.

The proposal is for a new 6-storey building that includes:

  • 16 condo units (6 one-bedrooms, 6 two-bedrooms & 4 three-bedrooms);
  • 28 rental units (19 one-bedrooms, 6 two-bedrooms & 3 three-bedrooms);
  • A total density of 2.06 FAR (after consolidation);
  • 36 underground parking stalls.
  • A 15-foot wide pedestrian right of way connecting Lonsdale.

The architect for the project is GBL Architects.

February 2, 2018by 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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vancouvermrkt Vancouver Market @vancouvermrkt ·
11 May

District of North Van council sends proposed CapU student housing tower back to drawing board via @NorthShoreNews

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globeandmail The Globe and Mail @globeandmail ·
16 Apr

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

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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

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northshorenews North Shore News @northshorenews ·
16 Apr

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

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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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