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

The Subject Property consists of a three-storey wood-frame rental apartment building with 12 units. It is located in the Broadway Plan area, and within walking distance to the VCC Clark SkyTrain station and the future Greater Northern Way
and Mount Pleasant SkyTrain Stations on the Millennium Line Broadway Extension. This project will significantly enhance the city’s transit connectivity from VCC Clark Station to Arbutus Station, with a multi-billion dollar investment.

+ SURROUNDED BY AMENITIES AND SEVICES: The Mount Pleasant neighbourhood of Vancouver is rapidly growing, with an abundance of amenities and services attracting tenants looking for trendy cafes to restaurants, boutique shops, and dynamic local businesses.

+ LANDMARK DEVELOPMENT OPPORTUNITY: Prime development opportunity in a rapid growing are 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.