From

our blog

Twin Lakes Townhomes

[vc_row][vc_column][vc_raw_js]JTNDc2NyaXB0JTNFd2luZG93LmxvY2F0aW9uLnJlcGxhY2UlMjglMjJodHRwcyUzQSUyRiUyRmNicmV2YW5jb3V2ZXIuY29tJTJGdHdpbmxha2VzdG93bmhvbWVzJTJGJTIyJTI5JTNCJTNDJTJGc2NyaXB0JTNFJTBB[/vc_raw_js][/vc_column][/vc_row][vc_row][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text css=".vc_custom_1647291940278{margin-bottom: 0px !important;}"] CIVIC ADDRESS 3701 Princess Avenue, North Vancouver, BC UNIT TOTAL 57 Units STATUS Firm Deal [/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1576537099141{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}"] Schedule A Phone Consultation [/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1633633381296{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}"]           Brochure Download[/vc_column_text][/vc_column][vc_column width="2/3"][vc_text_separator title="The Opportunity" title_align="separator_align_left"][vc_column_text]Situated in a private oasis in the heart of the North Shore mountains, Twin Lakes Townhomes is ideally located in the Upper Lonsdale neighborhood of North Vancouver in close proximity to both the Lonsdale Commercial corridor and the abundance of shops and services provided in the Lynn Valley Town Centre. The Twin Lakes Townhomes is a large scale townhome rental complex consisting of 7 separate buildings with a total of 57 townhouse rental units. The townhouse’s are a mix of large 2 and 3 bedroom family oriented suites with each unit comprising a private fenced yard, patios and a 2 vehicle carport with secured storage. Twin Lakes is situated on an immaculate 9.43 acre landscaped land parcel that provides private nature paths, bridges over lakes and offers a secure and heated swimming pool on the property for tenant enjoyment.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="LOCATION MAP (CLICK TO ENLARGE)" title_align="separator_align_left"][vc_gallery type="image_grid" images="4382" img_size=""][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Property Photos" title_align="separator_align_left"][vc_gallery type="image_grid" images="4386,4450,4452,4454,4451,4385,4384,4383,4456,4455,4453" img_size=""][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Contact" title_align="separator_align_left"][vc_row_inner][vc_column_inner width="1/3"][vc_column_text] LANCE COULSON Personal Real Estate Corporation Executive Vice President T +1 604 662 5141 lance.coulson@cbre.com [/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner width="1/3"][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text][/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]
siteadministrator
June 22, 2021

220 East 12th St North Vancouver

[vc_row][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text css=".vc_custom_1646960877350{margin-bottom: 0px !important;}"] CIVIC ADDRESS 220 East 12th St, North Vancouver, BC SUITE TOTAL 11 CAPITAL IMPROVEMENT Building Re-Piped, Drain-tile replaced, New water & storm hook up, New IBC boiler YEAR BUILT 1958 LOT SIZE 8,044 SF  (approx.) OCP DESIGNATION Residential Level 5 (Medium Density) STATUS Sold [/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1576537099141{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}"] Schedule A Phone Consultation [/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1645123098791{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}"] Download Brochure[/vc_column_text][/vc_column][vc_column width="2/3"][vc_text_separator title="The Opportunity" title_align="separator_align_left"][vc_column_text]CBRE National Apartment Group - BC is pleased to present the opportunity to acquire a well-located apartment building in North Vancouver, British Columbia comprising of 11 suites on 220 East 12th Avenue. The building has been well maintained and upgraded in a first-class manner with extensive capital invested over the past several years: exterior drain tile being completely replaced, including a new hook up to the CNV stormwater system, a new IBC high-efficiency boiler is installed, and the building was completely re-piped. The building is located in the highly desirable neighborhood of Central Lonsdale in the City of North Vancouver and steps away from Lions Gate Hospital and Whole Foods Market. It is also slated for higher densities as described in the CNV Official Community Plan.[/vc_column_text][vc_text_separator title="Investment Highlights" title_align="separator_align_left"][vc_column_text]EXCELLENT LOCATION: The property's central location and close proximity to Lower Lonsdale and the Lonsdale Quay provide convenient access to the SeaBus Station and Downtown Vancouver. The location also offers an abundance of tenant-friendly amenities such as grocery shopping in Whole Foods Market & Loblaws City Market as well as a variety of cafes and excellent restaurants; VALUE-ADD OPPORTUNITY: With many of the rents significantly below market, the property provides investors with a value-add opportunity to significantly increase cash flow by raising rents to market upon turnover through a renovation program; CAPITAL IMPROVEMENTS: Extensive capital has been invested into the building; REDEVELOPMENT PROSPECT: The building is slated for higher densities under the current City of North Vancouver Official Community Plan which outlines a 2.60 floor space ratio for new rental residential buildings.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Property Photos" title_align="separator_align_left"][vc_gallery type="image_grid" images="4564,4582,4581" img_size=""][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Contact" title_align="separator_align_left"][vc_row_inner][vc_column_inner width="1/3"][vc_column_text] LANCE COULSON Personal Real Estate Corporation Executive Vice President T +1 604 662 5141 lance.coulson@cbre.com [/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] KEVIN MURRAY Senior Sales Associate T +1 604 662 5171 kevin.murray4@cbre.com [/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner width="1/3"][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text][/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]
siteadministrator
February 8, 2022

146 East 12th St North Vancouver

[vc_row][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text css=".vc_custom_1645124756081{margin-bottom: 0px !important;}"] CIVIC ADDRESS 146 East 12th St, North Vancouver, BC SUITE TOTAL 18 LOT SIZE 13.962 SF  (approx.) OCP FLOOR SPACE RATIO (FSR) 2.60 POTENTIAL DENSITY 36,300 SF  (approx.) OCP DESIGNATION Residential Level 5 (Medium Density) STATUS Firm deal [/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1576537099141{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}"] Schedule A Phone Consultation [/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1645124883275{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}"] Download Brochure[/vc_column_text][/vc_column][vc_column width="2/3"][vc_text_separator title="The Opportunity" title_align="separator_align_left"][vc_column_text]CBRE National Apartment Group - BC is pleased to present the opportunity to acquire a well-located apartment building in North Vancouver, British Columbia comprising of 18 suites on 146 East 12th Avenue with re-development potential. The building is located in the highly desirable neighborhood of Central Lonsdale in the City of North Vancouver and steps away from Whole Foods Market. It is also slated for higher densities as described in the CNV Official Community Plan.[/vc_column_text][vc_text_separator title="Investment Highlights" title_align="separator_align_left"][vc_column_text]EXCELLENT LOCATION: The property's central location and close proximity to Lower Lonsdale and the Lonsdale Quay provide convenient access to the SeaBus Station and Downtown Vancouver. The location also offers an abundance of tenant-friendly amenities such as grocery shopping in Whole Foods Market & Loblaws City Market as well as a variety of cafes and excellent restaurants; VALUE-ADD OPPORTUNITY: With many of the rents significantly below market, the property provides investors with a value-add opportunity to significantly increase cash flow by raising rents to market upon turnover through a renovation program; CAPITAL IMPROVEMENTS: Extensive capital has been invested into the building; REDEVELOPMENT PROSPECT: The building is slated for higher densities under the current City of North Vancouver Official Community Plan which outlines a 2.60 floor space ratio for new rental residential buildings.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Property Photos" title_align="separator_align_left"][vc_gallery type="image_grid" images="4563" img_size=""][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Contact" title_align="separator_align_left"][vc_row_inner][vc_column_inner width="1/3"][vc_column_text] LANCE COULSON Personal Real Estate Corporation Executive Vice President T +1 604 662 5141 lance.coulson@cbre.com [/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] KEVIN MURRAY Senior Sales Associate T +1 604 662 5171 kevin.murray4@cbre.com [/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner width="1/3"][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text][/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]
siteadministrator
February 17, 2022

2525 Birch Street Apartments

[vc_row][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text css=".vc_custom_1649183951587{margin-bottom: 0px !important;}"] CIVIC ADDRESS 2525 Birch Street, Vancouver, BC PID 003-675-980 and 003-675-998 CURRENT IMPROVEMENT 4 storey, rental apartment building substantially retrofitted 2012/2013 SUITE TOTAL 17 LOT SIZE 8,000 SF (approx.) ZONING RM-3; Multiple Family Dwelling STATUS Sold [/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1576537099141{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}"] Schedule A Phone Consultation [/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1646327643699{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}"] Download Brochure[/vc_column_text][/vc_column][vc_column width="2/3"][vc_text_separator title="The Opportunity" title_align="separator_align_left"][vc_column_text]The CBRE National Apartment Group-BC is pleased to present the unique opportunity to acquire 2525 Birch Street, Vancouver; a newer vintage, extensively retrofitted, 4-storey, 17 suite rental apartment building centrally located just a half a block south of the intersection of Birch & West Broadway in close proximity to 2 future SkyTrain stations. The subject property is only a five-minute drive from Downtown Vancouver and is more prominently situated in the heart of the prestigious Fairview Neighborhood, long regarded as one of the strongest rental markets in Canada! This is an opportunity for prospective purchasers to acquire a newer value-add rental apartment building that has already received extensive capital improvements and, given its strategic location just off W Broadway, is well-positioned to benefit from the future Millennium Line Broadway SkyTrain extension that will have stations just steps from the property on the intersections of both Oak and Granville Streets.[/vc_column_text][vc_text_separator title="Investment Highlights" title_align="separator_align_left"][vc_column_text]Prime Westside Location: Located 1/2 block off the W Broadway Commercial Corridor, tenants of 2525 Birch Street are just steps to transit, amenities, the Granville Retail corridor, 3 blocks from the Vancouver General Hospital and just a 5-minute drive from Downtown Vancouver...! Newer Building with Extensive Updates: Originally built in 1989, the building underwent extensive upgrades in 2012 / 2013 including a new torch-on roof, complete exterior envelope with new rainscreen & siding, new windows, new sliders, new balconies, and new railings. The building was also re-piped at the same time, thus minimizing any major capital expenditure items for an investor in the near future. SkyTrain Millennium Line Broadway Extension: Located just steps from W Broadway and a short walk from two future Skytrain Stations at Granville and Oak Streets, 2525 Birch Street is well-positioned to benefit from the Millennium Line Broadway Extension which is scheduled for completion in 2025. Rental Income Upside: With many of the suites at below-market rents, there is a significant income upside opportunity to modernize the suites upon turnover and re-lease at market rents.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="LOCATION MAP (CLICK TO ENLARGE)" title_align="separator_align_left"][vc_gallery type="image_grid" images="4371" img_size=""][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Property Photos" title_align="separator_align_left"][vc_gallery type="image_grid" images="4351,4373,4374,4375,4376" img_size=""][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Contact" title_align="separator_align_left"][vc_row_inner][vc_column_inner width="1/3"][vc_column_text] LANCE COULSON Personal Real Estate Corporation Executive Vice President T +1 604 662 5141 lance.coulson@cbre.com [/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] GREG AMBROSE Vice President T +1 604 662 5178 greg.ambrose@cbre.com [/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] KEVIN MURRAY Senior Sales Associate T +1 604 662 5171 kevin.murray4@cbre.com [/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner width="1/3"][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text][/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]
siteadministrator
May 28, 2021

Sherlan Apartments

[vc_row][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text css=".vc_custom_1646758384932{margin-bottom: 0px !important;}"] CIVIC ADDRESS 1918 Haro Street, Vancouver, BC PID 015-739-333 SUITE MIX Bachelor         2 One Bed        19   Total =       21 ZONING RM-5B PARKING 6 Surface Stalls STATUS Sold (February 2022) [/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1615920024006{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}"] Schedule A Phone Consultation [/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1623173353300{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}" el_class="brochure"]           Download Brochure[/vc_column_text][/vc_column][vc_column width="2/3"][vc_text_separator title="The Opportunity" title_align="separator_align_left"][vc_column_text]The CBRE National Apartment Group – BC has been retained by the Owner on an exclusive basis to offer the 100% interest in the property located at 1918 Haro St Vancouver BC. The Sherlan Apartments is a wood frame three storey apartment building constructed in 1958 and is comprised of 21 rental suites. The property is situated in the highly sought after West End neighborhood and just West of Denman St. The offering presents an opportunity for investors to acquire a well maintained building with significant upside on income upon tenant turnover. The property is currently 100% occupied and has been managed by the same ownership group for over 25 years with an onsite caretaker. There have been several capital upgrades within the last five years which includes several renovated suites, exterior paint, common area lobby and re-piping of water lines reducing the need for any immediate cap ex.[/vc_column_text][vc_text_separator title="Investment Highlights" title_align="separator_align_left"][vc_column_text]THE SHERLAN APARTMENTS ENJOYS ONE OF THE MOST PROMINENT LOCATIONS IN CANADA The Sherlan Apartments is prominently situated one block west of Denman Street and just steps to the world famous Stanley Park in the heart of Vancouver’s prestigious “West End” neighborhood. The subject property is in close proximity to English Bay, a number of popular beaches, cross section of restaurants and shops on Denman, Davie & Robson Streets and walking distance to Vancouver’s Downtown and central business district. PROPERTY HAS BEEN WELL MAINTAINED AND BENEFITED FROM A NUMBER OF CAPITAL UPGRADES The subject property has been well maintained by the current owner and has benefited from a number of capital upgrades in recent years including: several renovated suites, exterior paint, common area lobby and re-piping of water lines. These upgrades and improvements will be a benefit in lowering the operating expenses for some utilities and minimize the amount of major capital upgrades that will be required to the building in the coming years. OPPORTUNITY TO GROW THE EXISTING CASH FLOW AND OVERALL YIELD The existing in place blended rent is currently averaging in the low $2.25 per square foot, as a result of majority of the suites’ rents are significantly below market. This will provide a new purchaser with the opportunity to increase cash flow and overall yield through the modernization of suites upon tenant turnover and re-leasing at the current market rents. TAKE ADVANTAGE OF CURRENT HISTORICALLY LOW INTEREST RATES The Sherlan Apartments will be sold free and clear of all financial encumbrances allowing a prospective purchaser to take source a new mortgage for their purchaser and take advantage of the current historically low mortgage rates that are currently available in the market place.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_video link="https://youtu.be/kAwqU0s9SM4" title="Property Video"][vc_row_inner][vc_column_inner][vc_empty_space height="42px"][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Property Photos" title_align="separator_align_left"][vc_gallery type="image_grid" images="4206,4237" img_size=""][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="PROPERTY PHOTO (CLICK TO ENLARGE)"][vc_single_image image="4205" img_size="full" alignment="center" onclick="img_link_large"][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Contact" title_align="separator_align_left"][vc_row_inner][vc_column_inner width="1/3"][vc_column_text] KEVIN MURRAY Senior Sales Associate T +1 604 662 5171 kevin.murray4@cbre.com [/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] LANCE COULSON Personal Real Estate Corporation Executive Vice President T +1 604 662 5141 lance.coulson@cbre.com [/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner width="1/3"][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text][/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]
siteadministrator
March 4, 2021

130 Rose Hill Nanaimo Apartments

[vc_row][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text css=".vc_custom_1641833679774{margin-bottom: 0px !important;}"] CIVIC ADDRESS 130 Rosehill Street, Nanaimo, BC SUITE TOTAL 22 STATUS Sold [/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1576537099141{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}"] Schedule A Phone Consultation [/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1636154195042{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}"][/vc_column_text][/vc_column][vc_column width="2/3"][vc_text_separator title="The Opportunity" title_align="separator_align_left"][vc_column_text]The CBRE National Apartment Group - BC is pleased to present the opportunity to acquire a 22-suite rental apartment building located in the seaside community of Nanaimo at 130 Rosehill Street.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Property Photos" title_align="separator_align_left"][vc_gallery type="image_grid" images="4518,4519" img_size=""][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Contact" title_align="separator_align_left"][vc_row_inner][vc_column_inner width="1/3"][vc_column_text] LANCE COULSON Personal Real Estate Corporation Executive Vice President T +1 604 662 5141 lance.coulson@cbre.com [/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] GREG AMBROSE Associate Vice President T +1 604 662 5178 greg.ambrose@cbre.com [/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner width="1/3"][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text][/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]
siteadministrator
November 5, 2021

1410 Elford Victoria Apartments

[vc_row][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text css=".vc_custom_1639002456902{margin-bottom: 0px !important;}"] CIVIC ADDRESS 1410 Elford Street, Victoria, BC PID 003-384-357 LEGAL DESCRIPTION LOT 1, SECTION 74, VICTORIA, PLAN 21317 SUITE TOTAL 25 LOT SIZE 18,298 SF (approx.) ZONING RM-3; Multiple Family Dwelling STATUS Sold [/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1576537099141{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}"] Schedule A Phone Consultation [/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1630629111810{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}"] Download Brochure[/vc_column_text][/vc_column][vc_column width="2/3"][vc_text_separator title="The Opportunity" title_align="separator_align_left"][vc_column_text]The CBRE National Apartment Group-BC is pleased to present the opportunity to acquire a 25-suite rental apartment building centrally located in Victoria, B.C. at 1410 Elford Street. The 4-storey apartment building is prominently situated on the corner of Elford Street and Fort Street in Victoria’s Fernwood neighbourhood. The location is just steps from transit, a host of tenant friendly amenities and provides convenient access to Downtown Victoria and throughout Greater Victoria.[/vc_column_text][vc_text_separator title="Investment Highlights" title_align="separator_align_left"][vc_column_text]Central Location: The property is well located on Fort Street in the Fernwood neighbourhood walking distance from Downtown Victoria and just steps from a host of amenities at the intersection of Fort Street and Oak Bay Avenue. [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="LOCATION MAP (CLICK TO ENLARGE)" title_align="separator_align_left"][vc_gallery type="image_grid" images="4465" img_size=""][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Property Photos" title_align="separator_align_left"][vc_gallery type="image_grid" images="4464,4463" img_size=""][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Contact" title_align="separator_align_left"][vc_row_inner][vc_column_inner width="1/3"][vc_column_text] LANCE COULSON Personal Real Estate Corporation Executive Vice President T +1 604 662 5141 lance.coulson@cbre.com [/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] GREG AMBROSE Associate Vice President T +1 604 662 5178 greg.ambrose@cbre.com [/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] KEVIN MURRAY Senior Sales Associate T +1 604 662 5171 kevin.murray4@cbre.com [/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner width="1/3"][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text][/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]
siteadministrator
August 31, 2021

21 Burnside Road West Victoria Apartments

[vc_row][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text css=".vc_custom_1637878501340{margin-bottom: 0px !important;}"] CIVIC ADDRESS 21 Burnside Road, Victoria, BC PID 001-033-336 LEGAL DESCRIPTION Lot A, Section 11, Victoria District Plan 31725 SUITE TOTAL 39 + 2 CRUs LOT SIZE 31,738 SF (approx.) YEAR BUILT 1978 STATUS Sold [/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1576537099141{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}"] Schedule A Phone Consultation [/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1632262161237{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}"][/vc_column_text][/vc_column][vc_column width="2/3"][vc_text_separator title="The Opportunity" title_align="separator_align_left"][vc_column_text]The CBRE National Apartment Group-BC is pleased to present the opportunity to acquire 39 Suite apartment with 2 Commercial Units at 21 Burnside Road West is located adjacent to Qu' Appelle Park and minutes from Downtown Victoria and the Gorge waterfront. The rental building is centrally located just a few blocks from three of Victoria’s largest shopping malls; Tillicum Centre, Mayfair Shopping Centre, and Uptown Shopping Centre. The large centres are anchored by Silver City Cinemas, London Drugs, Save-on-Foods, Pearkes Recreation Centre, Walmart Super Centre, Whole Foods, Hudson’s Bay, medical clinics, restaurants and an abundance of retail shopping options.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Property Photos" title_align="separator_align_left"][vc_gallery type="image_grid" images="4474" img_size=""][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Contact" title_align="separator_align_left"][vc_row_inner][vc_column_inner width="1/3"][vc_column_text] LANCE COULSON Personal Real Estate Corporation Executive Vice President T +1 604 662 5141 lance.coulson@cbre.com [/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] GREG AMBROSE Associate Vice President T +1 604 662 5178 greg.ambrose@cbre.com [/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner width="1/3"][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text][/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]
siteadministrator
September 21, 2021

Cedar Park Apartments

[vc_row][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text css=".vc_custom_1637878615685{margin-bottom: 0px !important;}"] CIVIC ADDRESS 118 West 18th Street, North Vancouver, BC SUITE TOTAL 21 Units LISTING PRICE $8,450,000 STATUS Sold [/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1576537099141{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}"] Schedule A Phone Consultation [/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1627408812471{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}"]           Brochure Download[/vc_column_text][/vc_column][vc_column width="2/3"][vc_text_separator title="The Opportunity" title_align="separator_align_left"][vc_column_text]The CBRE National Apartment Group and CBRE Investment Properties Group are pleased to present a 100% freehold interest in the Cedar Park Apartments located at 118 West 18th Street, North Vancouver, which is just west of the intersection of Lonsdale Avenue and West 18th Street. The property is improved with a 21 suite apartment building (6 bachelors, 12 one-bedrooms, and 3 two-bedrooms) located in the highly desirable and growing area of Central Lonsdale.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="LOCATION MAP (CLICK TO ENLARGE)" title_align="separator_align_left"][vc_gallery type="image_grid" images="4390" img_size=""][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Property Photos" title_align="separator_align_left"][vc_gallery type="image_grid" images="4389" img_size=""][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Contact" title_align="separator_align_left"][vc_row_inner][vc_column_inner width="1/3"][vc_column_text] LANCE COULSON Personal Real Estate Corporation Executive Vice President T +1 604 662 5141 lance.coulson@cbre.com [/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] R. ALLON SHAPIRO Personal Real Estate Corporation Vice President & Managing Broker T +1 604 662 5149 r.allon.shapiro@cbre.com [/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner width="1/3"][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text][/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]
siteadministrator
June 8, 2021

Cedarbrae Estates Surrey

[vc_row][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text css=".vc_custom_1647291902823{margin-bottom: 0px !important;}"] CIVIC ADDRESS 10232, 10238, 10244, 10250, 10256, 10264 132nd Street Surrey, BC CURRENT IMPROVEMENT 24 two-storey townhouses YEAR BUILT 1982 SITE SIZE 1.54 Acres (approx.) NET EXISTING BUILDING AREA 66,980 sq. ft. (approx.) CURRENT ZONING RM-45 - Multiple Residential 45 Zone OCP LAND USE Residential Low to Mid-Rise PROJECTED FAR Up to 2.5 FAR STATUS Sold [/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1576537099141{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}"] Schedule A Phone Consultation [/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1621292628194{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}"]           Download Brochure[/vc_column_text][/vc_column][vc_column width="2/3"][vc_text_separator title="The Opportunity" title_align="separator_align_left"][vc_column_text] CBRE Limited is pleased to bring to market the opportunity to acquire a large 1.54 acre residential development site centrally located within close proximity to SkyTrain and the rapidly transformed, vibrant Surrey City Centre in Surrey, British Columbia. “Cedarbrae Estates” is a 24-unit stratified townhouse complex that is prominently situated in the heart of Surrey’s rapidly developing City Centre urban hub. Surrey City Centre offers a diverse cross section of world class amenities such as rapid transit; parks & recreation; a new public library; an abundance of shops and services; the state-of-the-art Bell Performing Arts Centre and a variety of secondary/post-secondary education facilities: Simon Fraser University (SFU) and Kwantlen Polytechnic University (KPU) in one of the fastest growing municipalities in the Province! [/vc_column_text][vc_text_separator title="Investment Highlights" title_align="separator_align_left" color="orange"][vc_column_text] Large 66,980 square foot rectangular shaped land parcel that is currently improved with six separate buildings comprised of 24 – 2-storey stratified townhomes; The site is just steps to SkyTrain and the vibrant, thriving Surrey City Centre, anchored by the Civic Plaza & Hotel, new public library, Central City Shopping Mall, Bell Performing Arts Centre, SFU, KPU, West Village Energy Centre & Park and Holland Park; The property is currently designated as Multiple Residential (low to mid rise) up to 2.5 FAR and permitting up to 4 – 5-storeys in the Surrey City Centre Plan; Average household income within a 3-km radius of Cedarbrae Estates exceeds $84,980 per annum and is projected to increase to $98,202 in 2025; Surrey’s condo market has been incredibly active throughout the early part of 2021 with some condo projects reportedly selling out over a period of a few days; The redevelopment of Cedarbrae Estates would provide a developer the unique opportunity to contribute new housing options in a growing and highly desirable neighborhood close to transit and world class amenities. BID DATE: September 17, 2021, Friday Should you have an interest in submitting a Bid Submission, please contact Agnes Cheung at Agnes.Cheung@cbre.com for a copy of the Standard Letter of Intent (LOI) template to be used for all submissions.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_video link="https://youtu.be/lALd9QGadCg" align="center" title="Property Video - Click to view"][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="LOCATION MAP (CLICK TO ENLARGE)"][vc_single_image image="4326" img_size="full" alignment="center" onclick="custom_link" img_link_target="_blank" link="https://multifamilybc.cbrevancouver.com/code/wp-content/uploads/2021/05/Cedarbrae-Estates-Aerial_Label_Pano-scaled.jpg"][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Property Photos" title_align="separator_align_left"][vc_gallery type="image_grid" images="4325,4331,4329,4330" img_size=""][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Contact" title_align="separator_align_left"][vc_row_inner][vc_column_inner width="1/3"][vc_column_text] LANCE COULSON Personal Real Estate Corporation Executive Vice President T +1 604 662 5141 lance.coulson@cbre.com [/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] GREG AMBROSE Associate Vice President T +1 604 662 5178 greg.ambrose@cbre.com [/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] KEVIN MURRAY Senior Sales Associate T +1 604 662 5171 kevin.murray4@cbre.com [/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner width="1/3"][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text][/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]
siteadministrator
May 17, 2021