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Retail

Streetfront Retail Property in New Westminster Sells for 5.3% Cap

A streetfront retail property in the Connaught Heights area of New Westminster has sold for $5,000,000. The property is fully leased to ten local retail tenants.

Property Details:

  • Type: Streetfront multi-tenant retail
  • Building Size: 10,478 SF
  • Lot Area: 16,113 SF
  • Year Built: 1919
  • Cap Rate: 5.3%

The property includes 18 parking stalls. It had been listed for $6,500,000.

The property was listed and sold by Cody Davis of Jovi Realty.

August 7, 2025by david.taylor@colliers.com
Apartment, Development

New Proposal for 1045 Haro Site Includes Two Rental Towers

Chard Development has submitted their revised rezoning proposal for 1045 Haro Street, a one-acre site in the West End at the Northeast corner of Haro and Thurlow Streets.

The site had previously been proposed for a 55-storey condo tower, but a formal application never proceeded. The site was subsequently sold via a court ordered sale in 2024, when Chard acquired the site.

The new proposal is two rental towers above commercial. The tower heights are 26-storeys and 25-storeys, above an 8-storey podium. Details include:

  • 542 rental units including 22 below-market units;
  • A childcare facility;
  • 26,000 SF of retail space including a grocery anchor;
  • a total density of 10.78 FSR;
  • A building height of 262 ft.

This application is being considered under the West End Community Plan.

The architect for the project is MCM Architects.

August 3, 2025by david.taylor@colliers.com
Apartment, Development, For Sale, Retail

FOR SALE: Fully Leased Kingsway Retail & Apartment Building (PRICE REDUCED: $3,328,000, 4.5% cap rate)

For further information: https://www.collierscanada.com/en-ca/properties/for-sale-fully-leased-retail-and-apartment-building-on-kingsway-new-pricing/can-3155-kingsway-vancouver-bc/can2016373

July 21, 2025by david.taylor@colliers.com
For Sale, Office, Retail

NEW PRICE: Port Coquitlam Retail Property

We are pleased to re-introduce Westwood Square, an 18,000 SF retail and office property located on Westwood Street in Port Coquitlam. The asking price has been reduced from $9,800,000 to $7,850,000, representing a 5.5% cap on stabilized income.

Please click here, contact us for further information or to access the data room.

July 14, 2025by david.taylor@colliers.com
Investment, Retail

Freestanding CIBC Bank Building in Richmond Sells in $7.4M Deal

A freestanding CIBC on No. 5 Road in the Ironwood area of south Richmond has sold for $7,398,000, or $1,468 per SF.

Property Details:

  • Type: Single Tenant Retail
  • Tenant: CIBC
  • Lease Expiry: 2029 (3 x 5yr options)
  • Building Size: 5,041 SF
  • Lot Area: 20,021 SF
  • Year Built: 2014
  • Cap Rate: 3.9%

The property includes 23 parking stalls and a drive thru ATM. It had been listed for $7,850,000.

The property was listed and sold by Allon Shapiro and Angus Tone of CBRE.

July 14, 2025by david.taylor@colliers.com
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vancouvermrkt
vancouvermrkt Vancouver Market @vancouvermrkt ·
22 Feb

SOLD: East Vancouver Retail & Apartment Building
https://vancouvermarket.ca/2026/02/22/sold-east-vancouver-retail-apartment-building/

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northshorenews North Shore News @northshorenews ·
17 Feb

12-unit Gleneagles townhouse project proposed in West Vancouver

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vancouvermrkt Vancouver Market @vancouvermrkt ·
31 Jan

A new proposal has surfaced for the parking lot next to Waterfront Station.

The redesigned project includes a 26-storey, 416,000 SF office tower, shaped like a tree, cantilevered over the existing station building.

Architect: James Cheng

Details: https://bit.ly/46aUB0W

4

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vancouvermrkt Vancouver Market @vancouvermrkt ·
23 Jan

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