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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Apartment, Retail

Oak Street Retail & Apartment Building Sells in $12.7M Deal

A 4-storey property at the Northeast corner of West 16th Avenue and Oak Street has sold.

3108 Oak Street is zoned C2-zoned but is also designated in the Broadway Plan for up to 18-storeys.

Property and sale details:

  • Lot size: 15,116 SF
  • Building size: 49,000 SF
  • 9 commercial units
  • 25 residential units
  • Sale price: $12,700,000 ($259/sf building, $140/buildable SF @ 6.0 FSR)

The asking price for the property was $15,000,000. The building was listed and sold by Brett Aura of TRG Realty.

November 18, 2025by david.taylor@colliers.com
For Sale, Retail

West Broadway Streetfront Retail Sells for $1,300/SF

70 ft. of streetfront retail on West Broadway has sold in a $5 Million deal. 2865 and 2871 West Broadway are two side-by-side, mid-block streetfront retail properties on the North side of Broadway, West of Macdonald Street.

The two buildings have a combined building area of 3,836 SF and a site area of 8,024 SF.

The properties had been listed for sale separately with a combined price of $5,506,000.

November 7, 2025by david.taylor@colliers.com
Apartment, Development, Retail

Edgemont Village Chevron Site Proposed for 4-Storey Development

Kevington Building Corp. has submitted a rezoning application for the Chevron site at 3150 Edgemont Boulevard in the Edgemont Village area of North Vancouver.

The 12,000 SF site was acquired by Kevington for $5,900,000 as part of a portfolio of gas stations sold by Parkland Corporation, through Colliers, in 2024.

The preliminary plan for the site includes a 4-storey building with:

  • 33 residential units;
  • 6,400 SF of commercial space;
  • an underground parkade with 39 stalls.
  • a total density of 3.29 FAR.
November 7, 2025by david.taylor@colliers.com
Apartment, Condo, Rental, Retail

Polygon Planning 408 Units for Lynn Valley Site

Polygon Development has submitted a rezoning application to the District of North Vancouver for a 3.5 acre site they own in the Lynn Valley Town Centre area.

The site is a combination of two properties:

  • 1246-1268 Lynn Valley Road is currently occupied by two-storey strip mall.
  • 3050-3174 Baird Road is currently occupied by Draycott Gardens, a 32-unit rental townhouse complex built in 1972.

The OCP designation for the site is: Residential Level 5: Low Density Apartment and Residential Level 6: Medium Density Apartment.

The rezoning application proposes four 6-storey buildings that include:

  • 408 total units;
  • 64 rental units (including 32 replacement rental units);
  • 344 condo units;
  • 27,000 SF of commercial space;
  • Two levels of underground parking with 450 stalls.
  • A total density of 2.50 FSR.

An overview of the proposal can be viewed here:

The site was acquired for a combined value of $59,400,000 in 2021.

November 7, 2025by david.taylor@colliers.com
For Sale, Office, Retail

Arbutus Street Office Building Sells for $5.4M

A 2-storey office building at 3066 Arbutus Street has sold to an owner-user. The 1978-era building is located on a 6,930 SF lot at the Northeast corner of Arbutus & West 15th Avenue on the Westside of Vancouver.

Details:

  • Building Size: 6,311 SF
  • Sale Price: $5,412,750
  • Price/SF: $858

The 2nd floor of the building was vacant, with the ground floor leased to Luxmore Realty until 2027.

The property had been listed for sale for $6,800,000 by Jones Lang Lasalle.

October 31, 2025by david.taylor@colliers.com
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16 Apr

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16 Apr

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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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