An assembly of five residential lots at Oak and West 64th in Marpole has sold to Century Eternal Group for $24,126,888, or $345 per buildable SF. The five lots comprise 250 feet of frontage on Oak with a combined site area of 28,307.5 SF.
The Marpole Community Plan designates these lots for development for multi-family residential up to 6-storeys and 2.50 FSR density.
The buyer had previously secured the seven lots to the South of the property in June 2017. The combined twelve lot assembly comprises 68,309 SF.
We are pleased to announce the sale of this 17,292 SF land assembly in the Burrard Corridor sub-area of the West End.
We are pleased to announce the sale of 420-440 Mountain Highway, a high density mixed-use development site in the Lynn Creek area of North Vancouver.
An 8.13 acre land assembly at the corner of Willingdon Avenue and Dawson Avenue has sold to Aoyuan Property Group (Canada), a Hong Kong based developer, for $152,000,000.
The site comprises six parcels, currently improved with various older industrial buildings. The Brentwood Town Centre Plan designates the site a mixture of medium density mixed use and high density residential.
Anthem Properties has acquired the recently closed Chevron site at 1698 West Georgia Street for $72,000,000.
The 16,375 SF site at the corner of Georgia and Bidwell can be rezoned and redeveloped for a 385 ft. residential tower under the West End Community Plan.
Wesgroup Properties has acquired the Chevron site at Dunbar and West 39th Avenue on Vancouver’s Westside. The 18,009 SF C-2 zoned site sold for $19,400,000, or $430 per buildable SF based upon the density permitted under the existing zoning.
The gas station site was one of a few properties offered for sale by Chevron in 2016. Others included the site on West Georgia downtown, and a now closed commercial station at Clark & 1st.
We are pleased to announce the sale of 1574 Kingsway in Vancouver. This mixed-use residential/retail building sold for $2,750,000. The property was marketed and sold by our team in late 2016.