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Development

Infill Condo Building Planned for Mount Pleasant

A development application has been submitted for a land assembly in Mount Pleasant. The plan is for a new 3-storey condo building while preserving and restoring the existing 4-unit building at 547 East 16th Avenue that was built in 1912. The site is 15,117 SF, and is zoned RM-4. Details include:

  • Density of 1.45 FSR
  • Total of 21 units (17 new units and 4 in existing building)
  • 21 underground parking spaces
  • Total building height of 35.1 ft

549 East 16th 549 East 16th_1

 

June 16, 2015by david.taylor@colliers.com
Development

Infill Condo Building for South Granville

A rare 50′ x 125′ RM-4 zoned single family lot in the South Granville area is being planned for a 4-storey, 5-unit condo building utilizing a courtyard rowhouse scheme. The owners (a numbered company) of the lot at 815 West 15th Avenue (near Willow Street) are seeking development permit approval for:

  • Two buildings containing a total of 5 units
  • a building height of 35.1 ft
  • a density of 1.45 FSR (max under RM-4)
  • 5 underground parking spaces

A description in the application: “The intent is to provide for ground-oriented housing with greater access to light and air, per dwelling unit, than would otherwise be provided for in a four-storey multi-family building. The inner courtyard offers additional privacy with the majority of windows oriented toward the inner 20′ wide courtyard. Many windows also face the street/lane. This massing and siting approach inherently requires a relaxation of setback requirements, which are intended to produce a “lozenge-shaped” apartment building.”

815 West 15th Ave 815 West 15th Ave_1The lot was purchased in July 2014 for $2,480,000, or $273 per buildable SF.

June 13, 2015by david.taylor@colliers.com
Development

More Townhouses Coming for Oak Street

Listraor, a local development company that specializes in townhouses, is planning their third development near Oak and 41st, in between two other townhouse project already approved earlier this year.

Currently zoned RS-1, the lots in question total 14,392 and are being proposed for rezoning to townhouse under the Oakridge Langara Policy Statement. Details include:

    • 2 buildings, with a maximum height of 4 storeys (38 ft.);
    • 12 market townhouse units between 1,387 and 1,511 SF
    • a density of 1.20 FSR;
    • 24 underground parking spaces;
    • 24 bicycle spaces.

5470 Oak 5470 Oak_1The site sits between two other Listraor projects that have already been approved. To the North is a 12-unit townhouse project, and to the South – a 19-unit townhouse project.

June 13, 2015by david.taylor@colliers.com
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