Kerrisdale Development Site Sells in $26,000,000 Deal
Two buildings on East Boulevard have sold to Kenstone Properties for $26,000,000. The two lots, located at 6020 & 6040 East Boulevard, are currently improved with two older 2-storey walkup apartment buildings, and combine to form a total site area of 18,850 SF. The lots are zoned C-2 which allows for a development up to 4-storeys, or approximately 47,125 SF of buildable area.
The purchase price equates to $552 per buildable SF.
The property had been listed for sale for $26,800,000.
Own an apartment building in Metro Vancouver? I can provide a confidential opinion of current market value. — David Taylor, Colliers · 604-761-7044
David Taylor, Colliers — Active Listings & Recent Sales
View all →
