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, Investment

89-Unit Rental Project Proposed for East Vancouver Site

Nexst Properties on behalf of Champion Development Group has submitted a rezoning application for a site at the southwest corner of Lakewood Drive and Dundas Street, totaling 24,142 SF. The site is located within the Grandview Woodland Community Plan area.

57 Lakewood Drive is zoned C-2 and is currently improved with an older 3-storey commercial/industrial building. The proposal is to allow for the development a 6-storey rental building includes:

  • 89 market rental units;
  • 35 studios, 22 one-bedrooms, 23 two-bedrooms & 9 three-bedrooms;
  • 10,000 SF of retail space at grade;
  • A total density of 3.0 FSR;
  • A building height of 77 ft.;
  • 88 vehicle parking spaces and 192 bicycle parking spaces.

The application is being considered under the Grandview-Woodland Community Plan.

The architect for the project DYS Architecture.

December 7, 2020by 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 acquired by Choice Properties and KingSett for $5.2-billion

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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

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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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