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Condo, Development, Retail

47-Unit Condo Building Proposed for Kerrisdale Site

Kenstone Properties has submitted their development application to the City of Vancouver for permission to develop a 28,227 SF C-2 zoned site at 6020-6040 East Boulevard in Kerrisdale. 

Kenstone acquired the properties in 2017 for $26,000,000. The properties are currently improved with two older walkup apartment buildings.

The plan for the site is for a new 4-storey building that includes:

  • 47 condo units;
    • 12 one-bedrooms, 18 two-bedrooms, 16 three-bedrooms & 1 four-bedroom;
    • 9 units accessed from the laneway frontage;
  • 8,831 SF of retail space in 9 CRU units;
  • a total density of 2.50 FSR;
  • a building height of approximately 45.3 ft; and
  • 123 parking stalls on two levels of underground parking providing vehicular access from the lane.

Under the site’s existing C-2 zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.

The architect for the project is McFarlane Biggar Architects & Designers.

March 13, 2019by david.taylor@colliers.com
Apartment, Development

Kerrisdale Development Site Sells in $26,000,000 Deal

Two buildings on East Boulevard have sold to Kenstone Properties for $26,000,000. The two lots, located at 6020 & 6040 East Boulevard, are currently improved with two older 2-storey walkup apartment buildings, and combine to form a total site area of 18,850 SF. The lots are zoned C-2 which allows for a development up to 4-storeys, or approximately 47,125 SF of buildable area.

6020 East BlvdThe purchase price equates to $552 per buildable SF.

The property had been listed for sale for $26,800,000.

June 23, 2017by david.taylor@colliers.com

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