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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Condo, Development, Rental

Infill Condo Tower Proposed for West Vancouver Apartment Property

Wall Financial has submitted a preliminary development proposal for a property they own, known as ‘Peter Wall Ambleside’ at 1552 Esquimalt Avenue in the Ambleside area of West Vancouver.

The proposal is the latest iteration of several proposals to densify the 1.90 acre site over the years, beginning as far back as 2016. Previous plans included new rental infill but the most recent version was placed on hold pending the outcome of the Ambleside Local Area Plan.

The existing 20-storey apartment building was constructed in 1969 and contains 185 rental units. It is located on the east portion of the site.

The new application envisions a 19-storey condo building (secured as rental units for the first 6 years). Details include:

  • 139 condo units (secured as rental for a 6-year term)
    • 68 one bedrooms
    • 68 two-bedrooms
    • 3 townhouse units
  • a total density of 3.0 FSR across the entire site.

The architects for the project are JOG Architecture and Chris Doray.

May 29, 2025by david.taylor@colliers.com
Apartment, Development, Rental

116 Rental Units Planned for Telus Site in East Vancouver

Ledcor has applied on behalf of Telus for the rezoning and redevelopment of an existing Telus owned property at 6486 Chester Street in East Vancouver. The site is an existing infrastructure site for Telus, one of several proposed for residential redevelopment.

The proposal is to allow for the development of a 6-storey rental project that includes:

  • 116 rental units;
  • a telecommunications facility on the northeast corner of the site;
  • a total density of 2.89 FSR;
  • A building height of 73 ft.

This application is being considered under the Secured Rental Policy.

The architect for the project is Yamamoto Architecture.

The full rezoning application can be viewed here: https://www.shapeyourcity.ca/6486-chester-st

May 16, 2025by david.taylor@colliers.com
Apartment, Development, Rental

162 Rental Units Proposed for Broadway Plan Site

Sightline Properties has submitted a rezoning application for a site at 1125 West 10th Avenue in the Fairview neighbourhood of the Broadway Plan. The site is 100′ x 125′.

The proposal is to allow for the development of a 21-storey rental building that includes:

  • 162 units with 20% of the floor area for below-market units;
  • 1,900 SF of retail space on the ground floor;
  • a total density of 9.06 FSR;
  • a building height of 224 ft. with additional height for rooftop amenity space.

This application is being considered under the Broadway Plan.

The architect for the project is Ciccozzi Architecture.

The full application can be viewed here: https://www.shapeyourcity.ca/1125-w-10-ave

April 23, 2025by david.taylor@colliers.com
Apartment, Development, Rental

Latest Broadway Plan Tower Application is for 127 Units at East 14th & Prince Edward

The latest Broadway Plan rezoning application is for an 18-storey tower at 360 East 14th Avenue in the Mount Pleasant area of East Vancouver.

The site is located just West of Mount Saint Joseph Hospital. The plan for the site includes:

  • 137 units with 20% of the floor area for below-market rental units;
  • a total density of 6.50 FSR;
  • A building height of 186 ft.

This application is being considered under the Broadway Plan.

The architect for the project is Stuart Howard.

The full application can be viewed here: https://www.shapeyourcity.ca/360-e-14-ave

April 21, 2025by david.taylor@colliers.com
Development, Rental

North Van Proposal Revised for 429 Rental Units

Fairborne Homes has revised their proposal for the 2.4 acre site at 1510 – 1530 Crown Street and 440 Mountain Highway (formerly the Dykhoff Nursery site) in the Lynn Creek area of North Vancouver.

The site was previously rezoned in 2022 to allow for a project with a 24-storey, 205-unit condo tower with 215 rental units in a concrete midrise.

The revised proposal includes:

  • 429 rental units including 45 below market;
  • 25,865 SF of commercial space;
  • reduced underground parkade

The architect for the project is Arcadis Architecture.

February 15, 2025by 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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