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.
  • Home
  • Listings & Sales
  • About
  • Subscribe
  • Metro Vancouver Commercial Real Estate Market Data
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.
Home
Listings & Sales
About
Subscribe
Metro Vancouver Commercial Real Estate Market Data
  • Home
  • Listings & Sales
  • About
  • Subscribe
  • Metro Vancouver Commercial Real Estate Market Data
Development

Stacked Townhouses Planned for Marpole Site

A development application has been filed for a site at 7549-7575 Oak Street in the Marpole area of Vancouver, just south of West 59th Avenue. The assembly of four single family lots is currently zoned RM-8N.

The proposal is for a stacked townhouse development, including:

    • 31 units (all 2-4 bedroom units);
    • a total density of 1.20 FSR;
    • four buildings having a partial third storey and one building having a two-storey height;
    • maximum building heights of 37.7 ft.; and
    • a total of 32 parking spaces and 39 bicycle spaces on site.

Under the site’s existing RM-8N zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.

The application describes the design rationale: “Given the site depth almost doubling other Vancouver standard lots, we have introduced stacked townhouses, back-to-back stacked townhouses in combination of courtyard rowhouses typologies to this development. The diversity of the development allows more housing choices and increases the affordability without compromising the livability of the units.”

The architect for the project is Gradual Architecture Inc.

The site was acquired in early 2018 for $14,977,000, or $488 per buildable SF based on the application.

June 14, 2018by david.taylor@colliers.com
Apartment, Development

48-Unit Rental Building Proposed for Lower Lonsdale

A rezoning application has been submitted for a site at 173 & 177 West 6th Street (corner of Chesterfield and West 6th) to rezone the properties from a Medium Density Apartment Residential 1 (RM-1) zone to a Comprehensive Development zone to allow redevelopment of this 14,008 SF site that is an assembly of an older 10-unit apartment building and a 3-unit townhouse.

The site has an OCP designation of Residential Level 5 that allows for a density of 1.6 Floor Space Ratio (FSR) and a potential for an additional bonus of up to 1.0 FSR, in accordance with the City’s Density Bonus and Community Benefits Policy. 

The proposal calls for a new 6-storey rental building on the site including:

  • 48 rental units;
  • 28 one-bedrooms, 15 two-bedrooms and 5 three-bedrooms;
  • Includes 5 townhouse units along Chesterfield;
  • A total density of 2.60 FSR;
  • 35 underground parking stalls.

The architect for the project is Rafii Architects.

 

June 12, 2018by david.taylor@colliers.com
Apartment, Development

67-Unit Rental Building Proposed for North Van Site

A rezoning application has been submitted for a site at 127-129 East 12th Street in North Vancouver. The application seeks to rezone from the current Medium Density Apartment Residential 1 (RM-1) zoning to allow a new six-storey rental apartment building, to replace an older walkup apartment on the site.

The site is located along the southern side of East 12th Street in the Central Lonsdale area with Lonsdale Avenue to the west and St. Georges Avenue to the east.

The land use designation of the subject site is Residential Level 5 (R5), which allows for a medium density multi-family building up to a maximum density of 1.60 times the lot area (FSR), with the potential of an additional 1.0 FSR bonus density to be granted at Council’s discretion, for a total of 2.60 FSR

Details of the proposal include:

  • 64 rental units (including 6 mid-market rentals);
  • 2 studios, 37 one-bedrooms, 18 two-bedrooms and 8 three-bedroom units;
  • a total density of 2.60 FSR:
  • a building height of 63 ft.
  • 60 underground parking stalls.

 

The application describes the design intent: “The proposed rental apartment building is presented as a unique concept with all the residential units surrounding an outdoor central courtyard on the ground level with outdoor circulation available to all units that surrounds the courtyard. Access to the upper levels is available either by an open stairway or elevator.”

The architect for the project is Birmingham & Wood.

June 9, 2018by david.taylor@colliers.com
Development

57 Units Proposed for Lower Lonsdale Site

A rezoning application has been filed by Innovision Development for a site at 236-254 East 3rd Street in the Lower Lonsdale area of North Vancouver. The 24,025 SF site is located on the North side of East 3rd Street between St. Georges Avenue and St. Andrews Avenue.

The site is designated as Residential Level 5 which allows up to 2.60 FSR density with bonuses. It is currently improved with four older duplex buildings.

The plan for the site is a new 6-storey concrete building that includes:

  • 50 condo units;
  • 7 secured non-market housing units;
  • 31 one-bedrooms, 18 two-bedrooms and 8 three-bedroom units;
  • A total density of 2.34 FSR;
  • 63 underground parking stalls.

The application describes the building design: “The site is set within a high slope landscape. At the cellar level, ground oriented units are presented with patios facing East 3rd Street. These units, the main lobby to the west, and storage rooms behind are defined as “Cellar” under the bylaw and exempted from GFA. The second level wraps the lower level of parking and contains the townhouse units’ upper bedrooms as well as an additional amenity room for residents. The third level similarly wraps around the upper parking level. The 4th, 5th and 6th levels are presented as a double loaded corridor with apartments on either side of a hallway. The penthouse level has 5 three-bedroom units that are accessed from an exterior corridor set back from the top of the floor below. Each of these penthouse units has a stair and hatch accessing private patios on the roof.”

The architect for the project is DA Architects and Planners.

June 8, 2018by david.taylor@colliers.com
Development

40-Units Planned for Central Lonsdale Site

A rezoning application has been filed for a site at 117-125 West 23rd Street, between Lonsdale and Chesterfield Avenue in the City of North Vancouver. The site, currently occupied by two duplexes and a single family house, is identified in the City’s OCP as Residential Level 5, which allows a density up to 2.60 FSR.

The plan for the 15,990 SF site is to rezone to allow a new 5-storey condo building that includes:

  • 40 condo units;
  • 7 one-bedrooms, 28 two-bedrooms & 5 three-bedrooms;
  • a total density of 2.35 FSR;
  • one level of underground parking with 34 stalls.

The application describes the design rationale of the project: “The proposed building would have a contemporary west coast design, with a mix of glass, lapped siding, and masonry materials. The massing of the five storey woodframe building would be broken down into a one-storey base, a three-storey mid-section and a one-storey top level expression.”

The architect for the project is Raymond Letkeman Architects.

June 8, 2018by david.taylor@colliers.com
Page 150 of 441« First...102030«149150151152»160170180...Last »

Search the Site

Vancouver Market Follow

David Taylor - Senior Vice President @ColliersCanada. Chronicling investment and development activity in Vancouver. Views are my own.

vancouvermrkt
Retweet on Twitter Vancouver Market Retweeted
globeandmail The Globe and Mail @globeandmail ·
16 Apr

First Capital REIT acquired by Choice Properties and KingSett for $5.2-billion

Reply on Twitter 2044762643806949766 Retweet on Twitter 2044762643806949766 3 Like on Twitter 2044762643806949766 4 X 2044762643806949766
Retweet on Twitter Vancouver Market Retweeted
gravitasmsn MN @gravitasmsn ·
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

Reply on Twitter 2044768222269063276 Retweet on Twitter 2044768222269063276 1 Like on Twitter 2044768222269063276 1 X 2044768222269063276
Retweet on Twitter Vancouver Market Retweeted
northshorenews North Shore News @northshorenews ·
16 Apr

West Vancouver condo project in receivership, causing 'heartbreak' in Dundarave

Reply on Twitter 2044620858858274895 Retweet on Twitter 2044620858858274895 6 Like on Twitter 2044620858858274895 14 X 2044620858858274895
vancouvermrkt Vancouver Market @vancouvermrkt ·
9 Apr

Greater Vancouver commercial real estate transactions down 8.3% in 2025 via @westerninvestor

Reply on Twitter 2042378406193738120 Retweet on Twitter 2042378406193738120 Like on Twitter 2042378406193738120 1 X 2042378406193738120
Load More

Categories

  • Apartment
  • Condo
  • Development
  • For Sale
  • Hotel
  • Investment
  • Land
  • Market Research
  • Office
  • Rental
  • Retail
  • SOLD


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.

© 2019 Copyright  |  All Rights Reserved