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.
I am pleased to announce the sale of 3370 Dewdney Trunk Road in Port Moody. A fantastic 1.7 acre site located just a few minutes from Inlet Centre Station.
A development application has been submitted for a two-lot, 10,563 SF land assembly on Granville Street in Marpole. The site at 7878 Granville sits just South of Coromandel’s Leveson project, currently under construction.
The plans for this site are for a 4-storey condo building, including:
Under the site’s existing RM-9 zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.