Average sales prices for resales of newer Downtown Vancouver condo units have averaged 4.6% annual growth over the past 5 years.

With fewer projects on the horizon scheduled to complete, sales values for existing product (resales) are anticipated to remain stable, and will likely eclipse the $800 per sq ft average sometime in the next 18 months.

Source: MLS

Thind Developments’ proposal to rezone 2667-2703 Kingsway has approved by the City of Vancouver.

The site is being rezoned from C-2 to CD to allow 12-storey and 4-storey buildings with a  total of 129 condos and retail at-grade with a total density of 3.8 FSR.

The site is located on the north side of Kingsway between Earles Street and Duchess Street, and is within the Norquay Village Neighbourhood Centre Planning program area. The site is comprised of eight parcels currently developed with an automotive repair business and a vehicle dealership.

The architect for the project is W.T. Leung.

Source

Colliers is pleased to present a rare North Shore waterfront development opportunity in the Dollarton area.

Features:

• 5-lot bare land strata subdivision ready for servicing
• Located in excellent residential market devoid of new single family lots
• Potential for exclusive shared dock and water access
• Spectacular setting with beautiful views overlooking Burrard Inlet
• Public pathway and bridge/viewing area
• Rezoning, subdivision and development permits already in place
• Servicing required includes: earthworks/landscape, roadworks, waterworks, sanitary, drainage, hydro & cable
• Build 5 single family homes for sale in a market with little supply of new product
• Potential for development of shared dock facilities on waterfront area for strata use

Please contact David Taylor for further details.

david.taylor@colliers.com
604-692-1402