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

13-Storey Rental Building Planned for North Vancouver Site

A rezoning application has been submitted for the redevelopment of a site in the Central Lonsdale area of Vancouver.

The site is located at 1536-1550 Eastern Avenue, directly South of a project completed by Anthem Properties in 2022. A previous application was made for the site in 2022 that included a two-level, 18-space childcare facility. The application was denied by the City of North Vancouver.

The revised application includes a 13-storey market rental building with a smaller childcare space on the ground floor, including:

  • 118 rental units;
  • 24 studios, 65 one-bedrooms, 14 two-bedrooms & 15 three-bedrooms;
  • 13 mid market rental units;
  • a 9,400 SF, 81 space daycare
  • a total density of 3.45 FSR;
  • 93 parking spaces.

The architect for the project is Rafii Architects.

June 19, 2023by 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

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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