We are pleased to offer this rare opportunity to acquire a 100% market rental development site in the highly desirable Lynn Valley neighbourhood. The 16,850 SF corner property (189 ft x 120 ft) has a DP approved for a 6-storey building with 48,950 SF of gross density (2.88 FSR), accommodating 66 market rental units.

Click here for further details: https://www.collierscanada.com/en-ca/properties/for-sale-rezoning-dp-approved-6-storey-woodframe-100-market-rental-in-lynn-valley/can-1149-1155-lynn-valley-road-north-vancouver-bc/can2020284

A 10‑unit rental apartment building at 1035 West 12th Avenue in Fairview has changed hands for $2,895,000. The property sits on a 50′ × 125′ lot in the heart of Fairview.

Built in 1955, the three‑storey wood‑frame walk‑up is a classic example of mid‑century purpose‑built rental stock—simple, functional, and consistently in demand.

Key Deal Metrics

• Sale Price: $2,895,000
• Cap Rate: 4.9%
• Price per Unit: $289,500
• Lot Area: 6,229 sq. ft.
• Zoning: RM-3

The property was listed and sold by NAI Commercial: https://naiapartments.ca/property/1035-west-12th-ave/

A 31-Unit apartment building located on Fraser Street at East 17th Avenue has been sold by Low Tide Properties. The 2017 built apartment/retail building is located on a 12,197 SF site.

The building contains a retail unit leased to Bells and Whistles.

Sale details:

• Purchase Price: $12,500,000
• 4.4% cap rate
• $694,000 per unit
• 13 one-beds, 15 two-beds, 3 three-beds
• 3,174 SF of retail space

The property was listed and sold by the Cushman and Wakefield BC Multifamily Team.

Nonni Property Group has submitted their rezoning application for the 15,714 SF site that they own at 888-896 Cambie Street, at the Northeast corner of Cambie and Smithe on the edge of Yaletown and Downtown.

The proposal is to allow for the development of a 29-storey hotel and rental building, that includes:

• 165 rental units (on the 14th to 29th floors);
• 246 hotel rooms (on the 1st to 13th floors);
• Façade retention of heritage building at 888 Cambie St;
• a total density of 19.77 FSR;
• A building height of 285 ft.

This application is being considered under the Downtown Official Development Plan and Rezoning Policy for the Central Business District (CBD) and CBD Shoulder.

The architect for the project is McKinley Studios.

The full rezoning application can be viewed here: https://www.shapeyourcity.ca/888-896-cambie-st

The Boxer Group of Companies has applied to the City of Vancouver to rezone a site at 1031-1039 Burnaby Street in the West End for a market and below market rental tower.

The proposal is to allow for the development of a 32-storey rental residential building with a six-storey podium and includes:

• 329 units;
• 60-below market rental units for the VRS Communities Society;
• a total density of 12.23 FSR;
• A building height of 296 ft. with additional height for rooftop amenity space.

This application is being considered under the West End Community Plan.

The architect for the project is Urban Solutions Architecture.

The full rezoning application can be viewed here: https://www.shapeyourcity.ca/1031-1039-burnaby