1952 Comox Street, a building known as “The Breakers” has sold to Hollyburn Properties for $16,350,000. The 10-storey, 61 unit building was built 1964.

As the West End Community Plan is emerging, we thought it would be interesting to take a look at the largest lots in the West End. There aren’t many large lots; in fact, of privately held properties, there are less than 10 of an acre or more.  Here are the 40 largest parcels in the West End, by land area (SF):

All of the above properties are improved with sizable income producing (mostly apartment) properties that won’t likely be redeveloped anytime soon; however, many of these, and many smaller lots (of which there are over 500), will see some activity in the coming years as part of the West End Plan. Here is the City’s depiction of what the West End might look like in 30 years once built out per current policy:

Contact us if you would like to know more about the WECP and where are the opportunities are.

A 36-unit building at the corner of Nelson and Bute Streets in the West End of Downtown Vancouver has sold for $13,000,000. The building was originally constructed in the 1930’s but was fully renovated in 2010/2011. The cap rate was 4.15%. The buyer was Belmont Properties.