This opportunity presents an developer with a rare chance to acquire a highly desirable redevelopment site in highly sought after and trending neighbourhood in Vancouver.

The Subject Property consists of two single family lots with the potential to acquire the third neighbouring single family lot. The property is designated under the City of Vancouver Secured Rental Policy (SRP) supporting rezoning consideration for 100% residential rental projects up to 2.4x FSR & up to 6 Storeys.

+ SURROUNDED BY AMENITIES AND SEVICES: Superior walkability to restaurants, lifestyle amenities and services within the Kerrisdale Village neighbourhood.

+ LANDMARK DEVELOPMENT OPPORTUNITY: Prime development opportunity in a rapidly growing area where demand is outstripping supply and purpose-built rentals remain a highly sought-after asset for investors to acquire.

+ STRONG FUNDAMENTALS: Canadian multi-family is one of the largest residential under-supply issues amongst G7 nations with immigration driving record population growth across Canada. British Columbia’s population grew by 2.5% or 129,000 and Vancouver’s by 2.8% or approximately 78,000 last year. Affordability challenges combined with lack of housing and record population growth are leading to near zero vacancy levels and putting upward pressure on rents creating extremely strong market fundamentals for purpose built rental.