273-279 East 6th Street, North Vancouver
LIONS GATE BRIDGE
LONSDALE QUAY
LA
ND
LO NS DALE AV EN
UE
UE
FOR SALE
273-279 East 6th Street, North Vancouver Townhouse development opportunity in Lower Lonsdale neighbourhood Matt Thomas*, Vice President 604.646.8383 [email protected] *Matt Thomas Personal Real Estate Corporation
Mehdi Shokri, Principal 604.647.1355 [email protected]
ITH
EN UE
KE
ST AN DR EWS AV
RO
AD
EA
ST
P ES
N VE EA
273-279 East 6th Street, North Vancouver Avison Young is pleased to present the opportunity to acquire a medium density residential development site in Lower Lonsdale. According to the City of North Vancouver’s Official Community Plan, this site has the potential for a range of housing types and sizes including smaller, more affordable housing. This is an infrequent opportunity to own developable land within the Lower Lonsdale neighborhood. ACTIVE TOWNHOUSE SUPPLY (NOV 2017)
METRO VANCOUVER
649
active townhome units for sale
NORTH VANCOUVER
10
active townhome units for sale
1,621 SF
Average Unit Size
$831 PSF
Average Price
$1,141 PSF
Presale townhomes in North Vancouver achieving as high as $1,141 PSF
Property Summary Municipal Address
273, 275, and 279 East 6th Street, North Vancouver
Location
PID & Legal Description
The properties are centrally situated on the South West corner of East 6th Street and St. Andrews. Just two blocks from Lonsdale Avenue, the city’s major retail-shopping destination and transportation hub. Lower Lonsdale is transforming with major multi-family high-rise developments, changing the landscape of the neighbourhood.
Neighbourhood
Contact listing agent Lower Lonsdale
Building Description 3 adjacent residential lots
Lot Size 14,025 sf (100 sf x 140 sf approximately)* Current Zoning RT-1
77
WALK SCORE
Potential Density
Very Walkable Most errands can be accomplished on foot
Potential Buildable Density
TRANSIT SCORE
60
Good Transit Many nearby public transportation options Source: WalkScore.com
1.0 FSR (potential bonus of up to 0.15 FSR)* 14,025 SF (1.0 FSR)* 16,129 SF (with bonus)*
OCP
Residential Level 4-A
OCP Land Use
Medium Density Low Rise
Price
Contact Listing Agent *To be confirmed by purchaser
Development Potential The subject property is currently zoned RT-1 and falls within the Residential Level 4-A of the Official Community Plan (OCP). The OCP designates the properties land use as Medium Density. This land use supports a range of housing types and sizes close to transit and services. This designation allows for low-rise, primarily wood-frame, apartment buildings with a Floor Space Ratio (FSR) of up to 1.0. The City of North Vancouver has established existing and supplementary base and bonus density provisions to allow for increased densities. Under the zoning bylaw, Gross Floor Area allows for an additional 0.15 FSR or 151 sf for each lock off suite, which refers to a unit that can be divided into two separate sections.
8T
HS
T
4T
H
5T H
ST
KE
ITH
ST
E 10TH ST
RD
RF
TH
ES TE
2N D
ST
E3
1
ST
ST
EIT
ST ST
EE
HR
LY D
x
RE W
10 CA 7 TE S C6 RT 5 2
E1
EK
ST
ND
RI E
8
E2 ND
9
ST
E 8TH ST
ST A
CA R
13
ER
12
RO G
CH
ES TE R
FI E L
14
SA VE
DP L
RD
TH
15
SA VE
ST
E4
ST
RG E
1ST
W
E 9TH ST
16
ST GE O
CH
W
E5 TH
LO NS DA LE AV E
AV N HO MA
DE NA LA
P ES
E
W
E6
E3 RD
RIDG EW AY AVE
ST
W
W
E 11TH ST
ST DAV IDS AV E
3R D
W
I EL DA VE
FORBES AVE
W
SA VE
IO N
SS MI
ST A
W
T
ST G EO R G ES
HS
RD
4T
ST SA ICK
E
E 3RD ST
E1 ST
LO W
ST
E 2ND ST E 1ST ST
LE V
EL
RD
AMENITIES x
6
Gusto Di Quattro
1 Lonsdale Quay
7
The District
2
8 Fishworks
Subject Property
Waterfront Development
3 EastOnThird
9
Waves Cafe
4 Evolve35
10
Burgoo Bistro
5
12
Marketplace IGA
Tap & Barrell
13
Shoppers Drug Mart
14 TD Canada Avison Young 15 #2900-1055 W. GeorgiaonStreet Andrews 8th Box 11109 Royal Centre 16 Sam Walker Park Vancouver, BC V6E 3P3, Canada Sea Bus
© 2017 Avison Young. All rights reserved.
avisonyoung.com
4 3
ST
AD
PA TR
LA N
VE
SP
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.
R ALDE
ST
LONSDALE QUAY
LA
ND
LO NS DALE AV EN
UE
UE
FOR SALE
273-279 East 6th Street, North Vancouver Townhouse development opportunity in Lower Lonsdale neighbourhood Matt Thomas*, Vice President 604.646.8383 [email protected] *Matt Thomas Personal Real Estate Corporation
Mehdi Shokri, Principal 604.647.1355 [email protected]
ITH
EN UE
KE
ST AN DR EWS AV
RO
AD
EA
ST
P ES
N VE EA
273-279 East 6th Street, North Vancouver Avison Young is pleased to present the opportunity to acquire a medium density residential development site in Lower Lonsdale. According to the City of North Vancouver’s Official Community Plan, this site has the potential for a range of housing types and sizes including smaller, more affordable housing. This is an infrequent opportunity to own developable land within the Lower Lonsdale neighborhood. ACTIVE TOWNHOUSE SUPPLY (NOV 2017)
METRO VANCOUVER
649
active townhome units for sale
NORTH VANCOUVER
10
active townhome units for sale
1,621 SF
Average Unit Size
$831 PSF
Average Price
$1,141 PSF
Presale townhomes in North Vancouver achieving as high as $1,141 PSF
Property Summary Municipal Address
273, 275, and 279 East 6th Street, North Vancouver
Location
PID & Legal Description
The properties are centrally situated on the South West corner of East 6th Street and St. Andrews. Just two blocks from Lonsdale Avenue, the city’s major retail-shopping destination and transportation hub. Lower Lonsdale is transforming with major multi-family high-rise developments, changing the landscape of the neighbourhood.
Neighbourhood
Contact listing agent Lower Lonsdale
Building Description 3 adjacent residential lots
Lot Size 14,025 sf (100 sf x 140 sf approximately)* Current Zoning RT-1
77
WALK SCORE
Potential Density
Very Walkable Most errands can be accomplished on foot
Potential Buildable Density
TRANSIT SCORE
60
Good Transit Many nearby public transportation options Source: WalkScore.com
1.0 FSR (potential bonus of up to 0.15 FSR)* 14,025 SF (1.0 FSR)* 16,129 SF (with bonus)*
OCP
Residential Level 4-A
OCP Land Use
Medium Density Low Rise
Price
Contact Listing Agent *To be confirmed by purchaser
Development Potential The subject property is currently zoned RT-1 and falls within the Residential Level 4-A of the Official Community Plan (OCP). The OCP designates the properties land use as Medium Density. This land use supports a range of housing types and sizes close to transit and services. This designation allows for low-rise, primarily wood-frame, apartment buildings with a Floor Space Ratio (FSR) of up to 1.0. The City of North Vancouver has established existing and supplementary base and bonus density provisions to allow for increased densities. Under the zoning bylaw, Gross Floor Area allows for an additional 0.15 FSR or 151 sf for each lock off suite, which refers to a unit that can be divided into two separate sections.
8T
HS
T
4T
H
5T H
ST
KE
ITH
ST
E 10TH ST
RD
RF
TH
ES TE
2N D
ST
E3
1
ST
ST
EIT
ST ST
EE
HR
LY D
x
RE W
10 CA 7 TE S C6 RT 5 2
E1
EK
ST
ND
RI E
8
E2 ND
9
ST
E 8TH ST
ST A
CA R
13
ER
12
RO G
CH
ES TE R
FI E L
14
SA VE
DP L
RD
TH
15
SA VE
ST
E4
ST
RG E
1ST
W
E 9TH ST
16
ST GE O
CH
W
E5 TH
LO NS DA LE AV E
AV N HO MA
DE NA LA
P ES
E
W
E6
E3 RD
RIDG EW AY AVE
ST
W
W
E 11TH ST
ST DAV IDS AV E
3R D
W
I EL DA VE
FORBES AVE
W
SA VE
IO N
SS MI
ST A
W
T
ST G EO R G ES
HS
RD
4T
ST SA ICK
E
E 3RD ST
E1 ST
LO W
ST
E 2ND ST E 1ST ST
LE V
EL
RD
AMENITIES x
6
Gusto Di Quattro
1 Lonsdale Quay
7
The District
2
8 Fishworks
Subject Property
Waterfront Development
3 EastOnThird
9
Waves Cafe
4 Evolve35
10
Burgoo Bistro
5
12
Marketplace IGA
Tap & Barrell
13
Shoppers Drug Mart
14 TD Canada Avison Young 15 #2900-1055 W. GeorgiaonStreet Andrews 8th Box 11109 Royal Centre 16 Sam Walker Park Vancouver, BC V6E 3P3, Canada Sea Bus
© 2017 Avison Young. All rights reserved.
avisonyoung.com
4 3
ST
AD
PA TR
LA N
VE
SP
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.
R ALDE
ST
