Ari Gelmon
Associate Vice President, Development Land & Investment Properties
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Located in the affluent neighbourhood of Shaughnessy, this development site is exceptionally well positioned London Pacific is pleased to market for sale 1110, 1122, 1136, 1150 and 1160 West King Edward Avenue in Vancouver West. This large 5-lot mid block development site with 323 feet of frontage along King Edward is exceptionally located in the coveted Shaughnessy neighbourhood. Developers can build up to 2.4 FSR of market-rental housing through the Secured Rental Policy, which was recently adopted by the City of Vancouver. Potential for expansion to the corner.
Transit-oriented Development Opportunity in Maywood, Metrotown | Burnaby London Pacific and Marcus Millichap are excited to bring to you a rare opportunity for a high-density tower development opportunity in the heart of the Metrotown neighbourhood. The site has been fully assembled and is within walking distance to the Metrotown Skytrain station, abundant living conveniences and restaurants. This high-density development site consists of three adjacent RM4S + RM4R properties (as designated per the Metrotown Downtown Plan). The “Density Schedule” permits up to 6.15 FAR including a total of 4.45 FAR of market strata density and 1.7 FAR of rental density. Three existing 2-storey wood-frame apartment buildings with a total of 42 suites currently occupy the site. All tenants are on month-to-month tenancies and annual gross rental income totals approximately $415,000.
W 41st Avenue Vancouver, Dunbar Neighbourhood, Secure Rental Development Opportunity (9 parcels) London Pacific is pleased to announce the successful sale of 3329, 3339, 3355, 3369, 3389, 3403, 3429 West 41st Avenue and 5649 & 5683 Blenheim Street, Vancouver. This 9-lot land assembly totals nearly 2 acres in the highly desirable Dunbar neighbourhood and was marketed under the Secured Rental Policy, now adopted. London Pacific’s Ari Gelmon represented the Seller and senior brokers Ben Williams and Jerry Lee provided acquisition services to the Buyer. For more listed or “off-market” opportunities like this, please contact us for more info.
The subject site represents a rare and one-of-a-kind opportunity to acquire land in the City of North Vancouver. The total site area is 1.17 acres or approximately 51,040.53 SQFT (buildable area will be subject to environmental setbacks). Current RS-1 zoning (OCP designation R1- Level 1) accommodates single family home subdivision. Potential rezoning (CD-633) to allow micro home lot subdivision per adjacent Larson Road and Carson Court could be vetted through the City of North Vancouver’s pre-application process.
The subject site is one of the last big parcels of land in the world-renowned bald eagle viewing capital of the world, banking the famous Squamish River and within a few minute drive of downtown Squamish. The formerly small town of Squamish has over the last few years become one of BC’s fastest growing towns and has recently been recognized as having the highest price increase in home prices in Metro Vancouver in 2020/2021. Currently zoned as AGRI-3 this 78.8 acre total sized parcel currently allows agricultural production as well as encompassing horse stables, kennels and pet daycare, and of course a dwelling unit as well as accessory buildings, and also allows accessory retail of produce or products grown on the site. Although currently zoned as agricultural, this parcel is not within the constrains of the ALR and therefore has some potential to be rezoned to allow some form of housing or other perhapsrecreational uses. Accessed by its own bridge which allows for restricted access, this impressive parcel could potentially be used for a very wide variety of uses once rezoned, including an exclusive gated community, or indeed a legacy estate.
Original Opportunity: 4 Lot Assembly in Vancouver West Side Neighbourhood SOLD To: Intracorp Homes Development: Secure Market Rental Building, 5 Storeys Land Assembly in Vancouver West This secure market rental opportunity is ideally located in Vancouvers West Side close to many lifestyle amenities. The site boasts a gross lot size of 39,765 sqft and allows for up to 2.4 FSR, which would allow for a 5-storey secure market rental building. Ben Williams successfuly represented the Purchaser in this off-market Land Assembly. Located in Vancouver’s sought after West-Side, this site is well connected to amenities such as shopping, transit, parks and schools.
Alexander Lougheed
Associate, Development Land & Investment Properties
Ben Williams
Executive Vice President, Development Land & Investment Properties
Dean Andag
Associate Vice President Development Land & Investment Properties
Daniel Link
Associate Vice President, Development Land & Investment Properties
Grant Gardner
Senior Vice President, Development Land & Investment Properties
Isaac Foord
Associate Vice President, Development Land & Investment Properties
Joe Hawboldt
Sales Representative, Development Land & Investment Properties
John Westacott
Associate, Development Land & Investment Properties
Keath Williams
Principal & Managing Broker, Development Land & Investment Properties
Lucas Chavez
Sales Representative, Development Land & Investment Properties
Max Amini
Associate, Multifamily, Investment Properties, Development Land & Industrial
Thomas Trowbridge
Vice President, Development Land & Investment Properties