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Multifamily

High Density Broadway Plan Development Site

1065 W 11th Ave, Vancouver, BC V6H 1K2

Listing Price: Request For Offer

Number of Units
34

Investment Overview

Marcus & Millichap and Colliers are pleased to present the opportunity to purchase 1065 West 11th Avenue in Vancouver's coveted Fairview neibourhood, This high density development site is improved with an exceptionally maintained 34-unit purpose-built rental apartment building, and boasts 150-feet of prime west side frontage.

The Property is designated for high rise market rental development within the FSOA sub-area of the Broadway Plan, allowing for up to 6.50 FSR and a height of 20-storeys. The site is strategically located just a few blocks from the future OAK-VGH rapid transit station and directly adjacent to Vancouver General Hospital.

Investment Highlights

  • Designated for rental high rise development within the FSOA sub-area of the approved Broadway Plan with density up to 6.50 FSR and height of 20-storeys
  • Less than 300 meters to the future Oak-VGH Millennium Line extension and immediately adjacent to Vancouver General Hospital
  • Exceptionally maintained 34-unit apartment building with strong in-place rental income providing cash flow security through the rezoning process
  • Property is held in a bare trust offering significant Property Transfer Tax savings

Exclusively Listed By

Multifamily

High Density Broadway Plan Development Site

Investment Highlights

  • Designated for rental high rise development within the FSOA sub-area of the approved Broadway Plan with density up to 6.50 FSR and height of 20-storeys
  • Less than 300 meters to the future Oak-VGH Millennium Line extension and immediately adjacent to Vancouver General Hospital
  • Exceptionally maintained 34-unit apartment building with strong in-place rental income providing cash flow security through the rezoning process
  • Property is held in a bare trust offering significant Property Transfer Tax savings

Investment Overview

Marcus & Millichap and Colliers are pleased to present the opportunity to purchase 1065 West 11th Avenue in Vancouver's coveted Fairview neibourhood, This high density development site is improved with an exceptionally maintained 34-unit purpose-built rental apartment building, and boasts 150-feet of prime west side frontage. The Property is designated for high rise market rental development within the FSOA sub-area of the Broadway Plan, allowing for up to 6.50 FSR and a height of 20-storeys. The site is strategically located just a few blocks from the future OAK-VGH rapid transit station and directly adjacent to Vancouver General Hospital.

Exclusively Listed By

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