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Apartment, Investment

FOR SALE: 12-Unit Strata-Titled Apartment Conversion Opportunity

We are pleased to introduce this 12-unit strata-titled building in a highly desirable area of Kits. The building has excellent potential to be converted to an income-producing rental apartment building.

3495 West 4thBRO 3495 W 4th Ave

Please contact us for further details.

June 1, 2017by david.taylor@colliers.com
Apartment, Development

Next Phase of Port Royal Project Proceeding

The next phase of Aragon Properties‘ Port Royal project is proceeding to final City of New Westminster Council consideration for development permit approval. The site at 300 Salter Street in the Queensborough area is part of the larger Port Royal development (Phase 6C) that was rezoned a few years ago.

The proposal for the site is for a 4-storey rental apartment building that includes:

  • 87 rental units
  • 28 one-bedrooms, 41 two-bedrooms, 18 three-bedrooms
  • 136 parking spaces
  • a 1,460 SF amenity space
  • a total density of 1.49 FSR

300 Salter300 Salter_1300 Salter_3The architect for the project is Ramsay Worden.

June 1, 2017by david.taylor@colliers.com
Development, Office, Retail

540-Units Planned for North Road Site

Onni has submitted their formal rezoning application for a site at 3249-3355 North Road on the Burnaby side of North Road in the Lougheed Town Centre area plan. The site sits immediately north of Shape’s City of Lougheed project.

The 151,116 SF site is comprised of a 1980’s era strip mall with office space, as well as a vacant lot. The plan for redevelopment of the property includes:

  • A 32-storey north condo tower & 36-storey south condo tower
  • A 14-storey office building with 160,000 SF of office space;
  • A 2-storey commercial podium fronting North Road;
  • 17,000 SF of retail space;
  • 540 total units;
  • 110 studios, 171 one-bedrooms, 196 two-bedrooms & 63 three-bedrooms;
  • A total density of 4.88 FAR;
  • A pedestrian plaza at the corner of North Road and Cameron Street
  • 1,100 parking space on 4 levels of underground parking.

3249 North Rd

May 29, 2017by david.taylor@colliers.com
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