Four lots on West King Edward Avenue have been acquired by Amica Senior Lifestyles with partner Marcon for what is expected to be a 6-storey independent living building.

The lots at 1110-1150 West King Edward Avenue are located on the South side of King Edward, two blocks West of Oak Street. The four lots combined total 38,700 SF. The total purchase price for the assembly was $28,450,000.

A rezoning application has now been submitted for the site which proposes a 6-storey seniors facility with 169 proposed units. The proposed height is 91.8 ft. and FSR is 3.08. 45 parking spaces under one level of underground parking is proposed.

Based on the application the purchase price equates to $239 per buildable SF.

The sale was brokered by London Pacific.

This is the latest in a number of land assembly acquisitions by Amica on the Westside of Vancouver, including two sold by our team.