8486 Granville Street provides the opportunity to acquire a nearly 10,000 square foot site in the Marpole area of Vancouver. The property is immediately across Granville Street from Westbank’s Landmark project – Granville at 70th.
For more information please contact Ted Mildon or Matt Saunders.
Ted Mildon & Matt Saunders are proud to announce the sale of 243 East 13th Avenue in Mount Pleasant. 243 East 13th Avenue is an 11 unit, three storey, apartment building with underground parking. The sale price was $1.8 million.
For more information on this sale please contact Ted Mildon or Matt Saunders.
Canada’s growing appetite for luxury cars has convinced a veteran auto dealer to invest more than $75 million in sales of Mercedes-Benz, Land Rovers and other high-end imports.
Dilawri Auto Group broke ground Thursday on a $25-million construction project for a new Audi dealership at the high-profile intersection of Burrard Street and West 2nd Avenue in Vancouver, as part of an expansion that includes a Porsche sales centre on Terminal Avenue and a new Mercedes dealership in Langley. Dilawri is a family-owned operation that bills itself as Canada’s largest automotive group, with operations in Ontario and Western Canada.
“We will be representing 11 brands by the time our Mercedes-Benz and Audi stores are built, and with the renovation and the relocation of our two Acura stores, it’s approximately $75 million in construction costs – never mind the original acquisition costs of the facilities,” Dilawri regional director of operations Christian Dubois said in a telephone interview.
Courtesy National Post. To view the entire article click here: http://business.financialpost.com/2012/09/25/dilawri-makes-75-million-plus-investment-in-luxury-vehicle-trend/
Below is an update to some data we posted previously outlining activity and pricing for Downtown Vancouver condo resales. Sales volume was down 30% YoY in August 2012. For product less than 2 years old, the market has come off in terms of both pricing and sales activity. The majority of newer condo product downtown continues to trade in the bandwidth between $600 and $800 per sq ft.
Source: REBGV stats.