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Condo, Development

Cambie Townhouse Block Sells in $19 Million Deal

A full city block site on West 33rd Avenue between Laurel and Willow Streets has sold to Vertex Developments for $18,726,000, or $425 per buildable sq ft.

The 5 single-family lot assembly at 809-889 West 33rd Avenue is designated for townhouse development and has been rezoned to RM-8A through the sale process. The zoning allows townhouses to a density of 1.20 FSR.

The 49-unit project, entitled ‘Avenue 33‘ is in registration phase for pre-sales with Magnum Projects.

The architect for the project is Formwerks.

June 23, 2021by david.taylor@colliers.com
Condo, Development

20-Unit Townhouse Project Slated for West 32nd

OAK32 Holdings Ltd. has applied to the City of Vancouver for permission to develop a two-lot land assembly at 916 and 926 West 32nd Avenue. The 15,500 sq ft site has already been rezoned to RM-8A which allows 1.20 FSR for townhouses per the Cambie Corridor Plan.

The proposal includes:

  • A total of 20 townhouse units;
  • 8 garden flat one-bedrooms, and 12 two, three & four-bedroom townhouses;
  • A proposed maximum height of 43 ft.;
  • A density of 1.20 FSR;
  • One level of underground parking.

The site was assembled in 2017 for $7,105,000 or $382 per buildable sq ft.

The architect for the project is Imperial Architecture.

June 22, 2021by david.taylor@colliers.com
Apartment, Development

23 Rental Units Slated for Lower Lonsdale Site

A rezoning application has been submitted by Three Shores Development for a 6,000 sq ft site at 133 East 4th Street in the Lower Lonsdale area of the City of North Vancouver. The site is currently improved with the Gospel Hall Church which is relocating.

The proposal is a 6-storey rental building consisting of:

  • 23 rental apartment units, three of which are mid- market rental units;
  • 12 one bedrooms, 5 two-bedrooms & 6 three-bedrooms;
  • a private 2,700 sq ft daycare on the lower level;
  • a total density of 2.55 FSR;
  • a building height of 43 ft;
  • 1 on-site parking stall for the childcare use.

The architect for the project is Integra Architecture.

June 19, 2021by david.taylor@colliers.com
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