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.
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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Apartment, Development

16-Storey Rental/Strata Building Proposed for Lower Lonsdale

FDG Property Management has submitted a rezoning proposal for 161-165 E. Keith Rd. to allow the construction of a 93-unit 16-level residential building with 52 strata units, and 41 purpose built rental units secured in perpetuity and involving a density transfer/sale from adjacent City owned lands. The lands under consideration include Site B (12,598 SF) and the adjacent City Parcel Site A (7,600 SF) which have a combined area of 20,198 SF. This combined site shown below.

161 East Keith Rd_1The existing rental building on the site, Park Lane Manor, was constructed in 1954 and has 12 units. As such, it is one of the older purpose-built rental buildings remaining in the City and is in relatively poor condition. It will be replaced by this proposal.161 East Keith Rd.

February 19, 2014by david.taylor@colliers.com
Apartment, Investment

SOLD: 1546 Nelson Street

I am pleased to have acted on behalf of the Vendor and Purchaser in the sale of this West End apartment building with laneway housing potential.1546 Nelson_Sold

Contact me if you’d like to learn more about what’s selling in the West End and about what the new West End Community Plan means for existing apartment properties.

February 14, 2014by david.taylor@colliers.com
Apartment, Development

Rental Apartment Building Proposed for Oak Street

The owners of an papartment building on Oak have applied for a development application to redevelop an existing apartment property they own at 2975 Oak Street (at West 14th). The proposal is permitted under the existing RM-3A zoning, but required City approval. The plan includes:

  • Heritage designation of the existing structure
  • 50 market rental units
  • A total density of 2.8 FSR

2975 Oak St._22975 Oak St

January 22, 2014by david.taylor@colliers.com
Apartment, Development

Rental Building Proposed for Kerrisdale Church Site

Bogner Development Group is proposing to rezone a former Church site on West Boulevard (2095 West 43rd Avenue) from RM-3A  to CD-1 to allow a 6-storey rental apartment building under the Rental 100 program that includes:

    • 56 secured market rental units;
    • a density of 3.25 FSR
    • commercial uses at grade; and
    • 29 underground parking spaces.

2095 West 43rd Ave

 

2095 West 43rd Ave_2Read more: http://former.vancouver.ca/commsvcs/planning/rezoning/applications/2095w43rd/index.htm

January 22, 2014by david.taylor@colliers.com
Apartment, Development

Apartments Proposed for Former Blockbuster on Oak St.

The owners of the former Blockbuster Video property at 3195 Oak Street are proposing to rezone it from C-2 to CD-1 District. The proposal is to rezone the property under the Rental 100 program for a 6-storey mixed-use building that includes:

    • 39 market rental units;
    • a density of 3.27 FSR;
    • commercial uses at grade; and
    • 44 at-grade and underground parking spaces

3195 Oak StreetMore information here: http://former.vancouver.ca/commsvcs/planning/rezoning/applications/3195oak/index.htm

January 22, 2014by david.taylor@colliers.com
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David Taylor Personal Real Estate Corporation

Colliers International

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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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