1050 West Queens Road, North Vancouver
CONNAUGHT BY GROSVENOR DEVELOPMENT EDGEMONT SENIOR LIVING
EDGEMONT COMMONS
Aerial image courtesy of Google, DigitalGlobe
FOR SALE
1050 West Queens Road, North Vancouver Rare Investment/Reposition Opportunity in Edgemont Village Terry Thies*, Principal 604.646.8398 [email protected]
Ian Whitchelo*, Principal 604.647.5095 [email protected]
*Terry Thies Personal Real Estate Corp.
*Ian Whitchelo Personal Real Estate Corporation
1050 West Queens Road, North Vancouver Avison Young is pleased to present the rare opportunity to acquire a property with redevelopment potential. Under the recently completed Edgemont Refresh Community Plan, 1050 West Queens Road falls under Commercial Residential Mixed-Use user designation that allows up to a maximum of three storeys at a 1.75 floor
Image courtesy of DNV - Edgemont Village
space ratio. Edgemont Village’s Edgemont Refresh community plan and several new commercial and residential developments will enhance the already vibrant commercial district. Close proximity to world famous outdoor attractions such as Grouse Mountain, Capilano Suspension Bridge and the popular Grouse Grind.
Image courtesy of edgemontvillage.ca
Aerial image courtesy of Google, DigitalGlobe
Property Summary Municipal Address 1050 West Queens Road, North Vancouver, BC
Legal Description Situated in Edgemont Village, at the corner of West Queens Road and Newmarket Drive. Edgemont Village is North Vancouver’s most popular neighbourhood, servicing the nearby residential neighbourhood and surrounding area.
PL VAP6659 LT A BLK 40 DL 598 LD 36
PID 010-862-862
Zoning C2 - General Commercial Zone 2
Land Use Designation Commercial Residential Mixed-Use The property is easy accessible to the TransCanada Highway, and is located 6 minutes from Marine Drive.
Potential Floor Space Ratio (FSR) Up to 1.75 FSR*
Lot Size 6,783 sf* It is surrounded by new developments, such as Edgemont Commons, and Grosvenor’s new mixed-use project, Boffo’s townhouse development, and Edgemont Senior Living.
Existing Building Size 1,725 sf*
Potential Buildable Area Up to 1.75 x lot size*
Property Tax $44,917.30 (2017) Notable tenants in the area include Starbucks, RBC Royal Bank, HSBC Bank, Bank of Montreal, BlueShore Financial TD Bank, Windsor Meat Co, Delany’s Coffee, and Roger’s Chocolates.
Sale Price $5,000,000 *To be confirmed by purchaser
Edgemont Village & New Development Recently completed, the Edgemont Refresh community plan administers the development guidelines that are directed at improving the environment of the Edgemont Village neighbourhood. Two blocks have been designated for Low Density Apartment land also featuring a density of up to 1.75 FSR. Furthermore, two blocks of land have been designated for institutional usage. With incredible architecture, Edgemont Commons is a signature development in Edgemont Village located adjacent to the Subject Property. The ground floor is occupied by Blue Shore Financial and features additional food, retail and service space. Located in a contemporary outdoor setting, the upper levels feature medical, dental and legal services and professional office spaces. Soon to be the largest building in Edgemont Village, Grosvenor’s mixed-use project, Connaught, will deliver 65,000 sf of commercial space and over 100,000 sf of residential space. Anchored by Thrifty Foods, the development will also boast 213 underground parking stalls. Upon completion, Connaught will be a landmark development in the enhancement of Edgemont – transforming the community into a vibrant commercial epicentre.
16 RIDGEWOOD DRIVE
TO CAPILANO ROAD
CONNAUGHT BY GROSVENOR
15
1
12
5 13 2
PU
6
10
BL
ND
VD BL 14
IC LIB RY
M W NE
RA
LA GH HI 7
3
x
4
9
W QUEENS RD
R
TD KE
AR
8
TO WESTVIEW
D
LV
TB
ON
GM ED
TR ANS CANADA HI
GHWAY
AMENITIES x
Subject Property
6 Starbucks
13 Chevron
1
TD Bank
7
Delany’s Coffee House
14
Café Artigiano
2
RBC Bank
8
Roger’s Chocolates
15
Highlands United Church
3
BMO Bank
9
Columbus Farm Market
16
St Catherine’s Church
4
BlueShore Financial
10
Windsor Meats
5
HSBC Bank
12
Edgemont Senior Living
© 2018 Avison Young. All rights reserved.
avisonyoung.com
E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young Commercial Real Estate (B.C.) Inc.; DBA, Avison Young.
EDGEMONT COMMONS
Aerial image courtesy of Google, DigitalGlobe
FOR SALE
1050 West Queens Road, North Vancouver Rare Investment/Reposition Opportunity in Edgemont Village Terry Thies*, Principal 604.646.8398 [email protected]
Ian Whitchelo*, Principal 604.647.5095 [email protected]
*Terry Thies Personal Real Estate Corp.
*Ian Whitchelo Personal Real Estate Corporation
1050 West Queens Road, North Vancouver Avison Young is pleased to present the rare opportunity to acquire a property with redevelopment potential. Under the recently completed Edgemont Refresh Community Plan, 1050 West Queens Road falls under Commercial Residential Mixed-Use user designation that allows up to a maximum of three storeys at a 1.75 floor
Image courtesy of DNV - Edgemont Village
space ratio. Edgemont Village’s Edgemont Refresh community plan and several new commercial and residential developments will enhance the already vibrant commercial district. Close proximity to world famous outdoor attractions such as Grouse Mountain, Capilano Suspension Bridge and the popular Grouse Grind.
Image courtesy of edgemontvillage.ca
Aerial image courtesy of Google, DigitalGlobe
Property Summary Municipal Address 1050 West Queens Road, North Vancouver, BC
Legal Description Situated in Edgemont Village, at the corner of West Queens Road and Newmarket Drive. Edgemont Village is North Vancouver’s most popular neighbourhood, servicing the nearby residential neighbourhood and surrounding area.
PL VAP6659 LT A BLK 40 DL 598 LD 36
PID 010-862-862
Zoning C2 - General Commercial Zone 2
Land Use Designation Commercial Residential Mixed-Use The property is easy accessible to the TransCanada Highway, and is located 6 minutes from Marine Drive.
Potential Floor Space Ratio (FSR) Up to 1.75 FSR*
Lot Size 6,783 sf* It is surrounded by new developments, such as Edgemont Commons, and Grosvenor’s new mixed-use project, Boffo’s townhouse development, and Edgemont Senior Living.
Existing Building Size 1,725 sf*
Potential Buildable Area Up to 1.75 x lot size*
Property Tax $44,917.30 (2017) Notable tenants in the area include Starbucks, RBC Royal Bank, HSBC Bank, Bank of Montreal, BlueShore Financial TD Bank, Windsor Meat Co, Delany’s Coffee, and Roger’s Chocolates.
Sale Price $5,000,000 *To be confirmed by purchaser
Edgemont Village & New Development Recently completed, the Edgemont Refresh community plan administers the development guidelines that are directed at improving the environment of the Edgemont Village neighbourhood. Two blocks have been designated for Low Density Apartment land also featuring a density of up to 1.75 FSR. Furthermore, two blocks of land have been designated for institutional usage. With incredible architecture, Edgemont Commons is a signature development in Edgemont Village located adjacent to the Subject Property. The ground floor is occupied by Blue Shore Financial and features additional food, retail and service space. Located in a contemporary outdoor setting, the upper levels feature medical, dental and legal services and professional office spaces. Soon to be the largest building in Edgemont Village, Grosvenor’s mixed-use project, Connaught, will deliver 65,000 sf of commercial space and over 100,000 sf of residential space. Anchored by Thrifty Foods, the development will also boast 213 underground parking stalls. Upon completion, Connaught will be a landmark development in the enhancement of Edgemont – transforming the community into a vibrant commercial epicentre.
16 RIDGEWOOD DRIVE
TO CAPILANO ROAD
CONNAUGHT BY GROSVENOR
15
1
12
5 13 2
PU
6
10
BL
ND
VD BL 14
IC LIB RY
M W NE
RA
LA GH HI 7
3
x
4
9
W QUEENS RD
R
TD KE
AR
8
TO WESTVIEW
D
LV
TB
ON
GM ED
TR ANS CANADA HI
GHWAY
AMENITIES x
Subject Property
6 Starbucks
13 Chevron
1
TD Bank
7
Delany’s Coffee House
14
Café Artigiano
2
RBC Bank
8
Roger’s Chocolates
15
Highlands United Church
3
BMO Bank
9
Columbus Farm Market
16
St Catherine’s Church
4
BlueShore Financial
10
Windsor Meats
5
HSBC Bank
12
Edgemont Senior Living
© 2018 Avison Young. All rights reserved.
avisonyoung.com
E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young Commercial Real Estate (B.C.) Inc.; DBA, Avison Young.
