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.
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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.
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For Sale, Retail

West 4th Retail Building Sells for $844/SF

A 2-storey retail and apartment building on a 25 ft. lot on West 4th in Kits has sold. 1823-1825
West 4th Avenue had been listed for sale for $3,680,000, and sold for in December 2025.

The building has a rentable area of 3,912 SF and sits on a 2,784 SF lot (25 x 113).

The ground floor is leased to a local furniture store.

Sale details:

  • $3,300,000
  • $844 per SF

The 2026 assessment value is $3,488,000.

The property was listed and sold by Barb Burrows of Macdonald Commercial.

January 20, 2026by david.taylor@colliers.com
Apartment, For Sale

Metrotown Apartment Building Sells in 3.0% Cap Deal

A 10-unit Metrotown apartment building located at 6700 Dow Avenue in the Metrotown area of Burnaby has sold. The 1968 walkup apartment building is located on a 9,118 SF site that has future high density development potential under the Metrotown Plan.

Sale details:

  • $3,300,000
  • 3.0% cap rate
  • $330,000 per unit

The property was listed and sold the Blair McEvay team at Marcus & Millichap.

January 20, 2026by david.taylor@colliers.com
For Sale, Retail

Richmond Bank Property Sells in $5.25M Deal

A single-tenant TD Bank property located at 3960 Francis Road in Richmond has sold.

Details:

  • 4,260 SF
  • Leased until 2029 (1 x 5 years renewal option)
  • $52.50 per SF NNN
  • Sold for $5,250,000
    • $1,232/SF
    • 4.5% cap rate

The property had been listed for sale for $5,590,000.

The listing agent for the property was Marcus & Millichap.

January 14, 2026by david.taylor@colliers.com
For Sale, Retail

Burrard Street Strip Plaza Sells in $10.7M Deal

A two-storey retail and office plaza at Burrard and West 3rd has sold. The site at 1855 Burrard Street is 12,311 SF and designated within the Broadway Plan for up to 20-storeys, 6.50 FSR.

The existing building is 9,756 SF and was built in 1988. Tenants include Waypoint Insurance and a Sushi restaurant. It includes 24 parking stalls.

Details of the sale:

  • Purchase Price: $10,700,000
  • Cap Rate: 3.7%
  • Price per SF: $1,096 per SF
  • Price per buildable SF: $134 (based on 6.50 FSR)

The building was listed and sold by Avison Young: https://d3k1yame0apvip.cloudfront.net/v2/client-10/082c2f525f5d6da/BurrardSt1855_WEB.pdf

This property sold previously in 2015 for $15,000,000 and then re-traded in 2018 for $25,000,000.

December 17, 2025by david.taylor@colliers.com
Development, For Sale, Land

FOR SALE BY COURT ORDER: 6-Storey Condo Development Site in Surrey

We are pleased to introduce this 44,111 SF pre-assembled development site on 104A Avenue in the Guildford area of Surrey.

Situated within walking distance of Hawthorne Park, rapid transit options, and Guildford Town Centre, the site is ideally positioned to support the development of 154-unit, 6-storey condo project in a highly sought-after location.

For further information: Land For Sale — 14447, 14445, 14465 & 14475 104A Avenue, Surrey | Canada | Colliers

December 10, 2025by david.taylor@colliers.com
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David Taylor - Senior Vice President @ColliersCanada. Chronicling investment and development activity in Vancouver. Views are my own.

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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.

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