1467 56th street

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1467 56TH STREET, DELTA, BC

MEDIUM DENSITY APARTMENT SITE TSAWWASSEN TOWN CENTRE

DEVELOPMENT OPPORTUNITY

BUILDING FEATURES: • 18,557 sq.ft. (132’ x 141’) cleared development site • C4-A Zoning with Plan designation for Medium Density Apartment • Allowable FSR of 1.45 • Excellent location one block from Town Centre Mall • Close proximity to shopping, schools, golf club, transit

BRETT AURA

ASSOCIATE, INVESTMENT SALES 604.608.5934 [email protected]

CUSHMAN & WAKEFIELD LTD.

JEFF MCCAMMON, CCIM

ASSOCIATE PARTNER, INVESTMENT SALES CW Edmonton Inc. 780.429.9352 [email protected] Suite 700 - 700 W Georgia St PO Box 10023, Pacific Centre Vancouver, BC V7Y 1A1 604.683.3111 1.877.788.3111 www.cushmanwakefield.com

1467 56TH STREET DELTA, BC

MEDIUM DENSITY APARTMENT SITE - TSAWWASSEN TOWN CENTRE

OPPORTUNITY:

DEVELOPMENT OPPORTUNITY

Address

1467 56th Street, Delta

Legal Address

Lot 291, Section 10, Township 5, New Westminster District, Plan 36917 PID: 001-050-338

The site is has been cleared and fenced; the property was previously operating as a Husky gas station but has since been decommissioned and remediated.

Site Size

18,557 sq.ft. (132’ x 141’)

Zoning/OCP

C4-A Service Station Commercial / Medium Density Apartment

The property is located on 56th street, the main street running through Tsawwassen, it is walking distance from the Town Centre Mall, the main shopping centre in the area, and across the street from the Beach Grove Golf Club.

Max FSR

1.45 (additional density may be achievable under a CD rezoning)

Access

Corner site with rear lane

Asking Price

$2,100,000

An opportunity to acquire a 18,557 sq.ft. corner development site in the Town Centre of Tsawwassen.The site is designated for 3 storey residential apartment development.

Tsawwassen is an affluent residential community located on a peninsula in the southwestern corner of Delta. It has a population of approximately 25,000 people, a median age of 47 and an average household income of $110,000.00. BRETT AURA

ASSOCIATE, INVESTMENT SALES 604.608.5934 [email protected]

JEFF MCCAMMON, CCIM

ASSOCIATE PARTNER, INVESTMENT SALES CW Edmonton Inc. 780.429.9352 [email protected]

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 Cushman & Wakefield Ltd. The depiction in the included photographs of any person, entity, sign, logo or property, other than Cushman & Wakefield’s (C&W) client and the property offered by C&W, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted by C&W or its client. 10/13 NO