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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Development

50-unit Rental Project Proposed for West 41st and Cambie

Qualex-Landmark is proposing to rezone 458-476 West 41st Avenue from RS-1  District to CD-1 for a rental residential development including one 6-storey building and 2-storey townhouses at the rear of the site. The proposal consists of:

    • 50 secured market rental units
    • a proposed density of 2.55 FSR 37,152 SF

400 Block West 41st Ave_2 400 Block West 41st AveThis rezoning application is being considered under the Cambie Corridor Plan and the Secured Market Rental Housing Policy (Rental 100).

Qualex had purchased the site in 2010 for $2,500,000, or $67 per BSF based upon proposed density.

October 24, 2013by david.taylor@colliers.com
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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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