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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Apartment, Development

9 Rental Units Pitched for Granville & 49th

A rezoning application has been submitted under the City of Vancouver’s Affordable Housing Choices Interim Policy for a site at the Northwest corner of Granville and West 49th Avenue.

The 8,000 SF lot at 1515 West 49th Avenue is currently an older single family house, but the proposal would allow for the development of two 3.5-storey residential buildings that would include:

  • 9 market rental units;
    • 8 three-bedroom townhouses and 1 caretaker suite;
  • Unit sizes ranging from 1,245 SF to 1,634 SF;
  • a density of 1.53 FSR;
  • a maximum height of 44 ft; and
  • 4 off street parking spaces, 1 car share space, and 24 bicycle spaces.

The architect for the project is Stuart Howard.

April 1, 2020by 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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