We are pleased to present the opportunity to purchase this approved, 5-storey rental project with retail in the Maplewood Village area of North Vancouver.
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β’ Rezoning and development permit approved for 36 rental units with 5,100 SF of retail space
β’ Substantial design and site due diligence work already completed representing considerable cost savings to buyer
β’ Shared access ramp with neighbouring project and one level of underground parking minimize cost
β’ DCLs and Off-site costs already confirmed with DNV
β’ Project scheduled for BP issuance early 2025, with construction start to follow
β’ Scarce rental inventory in North Vancouver leading to strong rent growth
β’ Desirable location in established and flourishing Maplewood Village area
β’ Highly marketable to North Shore rentersβ walkable to all amenities, schools, also convenient access to Highway 1, Downtown Vancouver and Burnaby
