LONSDALE AVENUE NORTH VANCOUVER, BC

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Partnership. Performance.

E V O

0 6 R

%

D L SO

Lift Breakfast Bakery

Mr. Sushi

FOR SALE Prime Location “A” Class Office Strata Units Wallace & McDowell Lower Lonsdale’s Best Address

Mehdi Shokri, Principal 604.647.1355 [email protected]

Windsor Meats Nail spa

111

Browns Socialhouse

LONSDALE AVENUE NORTH VANCOUVER, BC

111

LONSDALE AVENUE NORTH VANCOUVER, BC 111 LONSDALE AVE Unit

Size (sf)

Price

Price/sf

111 Lonsdale Ave – Second Floor 201

1,050

SOLD

202

700

SOLD

203

542

SOLD

111 Lonsdale Ave – Third Floor

Opportunity -- Located in the new Wallace & McDowell mixed use development, the subject property offers three floors of “A” class office space. -- Blending heritage and modern design, the subject property faces south which provides incomparable water views and natural sunlight. -- Wallace & McDowell will be an integral building in the transforming Lower Lonsdale community.

301

1,050

$708,750

$675

302

775

$503,750

$650

303

1,127

$732,550

$650

3,282*

$1,945,050

$593

Total

111 Lonsdale Ave – Fourth Floor 1,050

SOLD

402

775

SOLD

403

1,131

SOLD

401

* Includes common area. Common area for second and third floors total 330 sf each.

-- Lower Lonsdale’s central waterfront strategy and several new commercial and residential developments will enhance the already vibrant business district.

103 LONSDALE AVENUE

-- Steps away from local amenities, restaurants and key public transportation hubs such as the Seabus and the Lonsdale Quay bus loop.

Heritage Building

Property Profile

Unit

Size (sf)

103

1,205

Price

Price/sf

$695,000

$577

Parking

-- Surrounded by breathtaking views of the mountains, water and the city of Vancouver; Wallace & McDowell is nestled in the core of Lower Lonsdale. -- Architecturally stunning, Wallace & McDowell will embody the synthesis of classic and modern with its first class standard design.

Purchaser will have the right to rent a commercial parking stall between the hours of 7:00 am to 6:00 pm at a cost of $95 per month, plus applicable taxes.

-- Notable tenants in the project include Browns Socialhouse, Lift Breakfast Bakery, Windsor Meats, Mr. Sushi Japanese restaurant and a nail spa.

Rositch He

120 Powell Stre Vancouver, BC C V6A 1G1

10'-0"

143.4' U/S OF CEILING

10'-0"

143.4.' U/C OF CEILING

www.rharchitec

133.4' 5th FLOOR ISSUED:

10'-6"

10'-6"

133.4.' 5th FLOOR

t 604.669.6002 f 604.669.1091

10'-6"

12'-3 1/2"

11'-1 1/2"

112.4' 3rd FLOOR

1. DPA 2. REVISED DPA 3. REVISED DPA 4. REZONING APPLIC

112.4' 3rd FLOOR

101.25' 2nd FLOOR

16'-0"

11'-5"

100.14' OFFICE LEVEL 3

57'-7 1/2"

122.9' 4th FLOOR

10'-6"

122.9' 4th FLOOR

88.72' OFFICE LEVEL 2

11'-5"

CRU 2 FLOOR LEVEL 85.8'

77.3' OFFICE LEVEL 1

EAST ELEVATION (LONSDALE AVENUE)

2. 1.

CITY C CITY C

NO. REVISION:

This drawing as an instr Rositch Hemphill Archit without the firm's permis drawing is for use in this be used otherwise with office. Contractors shall dimensions on the job a any discrepancies and var

ARCHITECTURAL SEA

Location -- The subject property is in near proximity to the Lions Gate Bridge, the Trans-Canada Highway and the Seabus (a 12 minute crossing to downtown Vancouver), allowing various options to get to any point in Metro Vancouver. -- With new construction and timeless heritage buildings, the retail and office markets in Lower Lonsdale are positioned to be the top performing locations on the North Shore.

Demographics -- North Vancouver maintains a 40% higher average household income than Metro Vancouver, with a median total income of $102, 826. -- Lower Lonsdale is anchored by key tenants such as Shoppers Drug Mart, IGA Marketplace, Boston Pizza, Waves Coffee, Starbucks, TD Canada Trust, the head offices of ICBC and A&W.

Business/Investment Opportunity -- Seaspan was awarded a $11.3 billion 30 year ship building and maintenance contract by the Federal Government and Goastguard, granting over 4,000 local workers long-term job stability as well as strengthening the local businesses of the area. -- A perfect synthesis of the past and the present, Wallace & McDowell is positioned to be Lower Lonsdale’s landmark building for years to come.

Third Floor

202

Purchase Price (Unit 302) $445,000

$333,750

Second Floor

201

Why Rent When You Can Own?

Financing

Floor Plans

LD O S

View from the 2nd floor

301

203

Client Down Payment

302

303

$111,250 • 75% financing • 3.5% interest rate • 25-year amortization

Monthly Mortgage Payment (approximate) $974 in interest

Fourth Floor

401

Heritage Building

LD O S 402

$697 in principal $1,671 total per month

Comparable Net Rental Rate $1,808 per month based on $28 psf NNN

403

*Office layout example only. Space can be altered and customized.

Restaurants 1. Sushi Bella 2. Burgoo Bistro 3. Fishworks 4. Pasparos Taverna 5. The District 6. Gusto Di Quattro 7. Lonsdale Quay Market 8. Pier 7

Coffee 9. Cafe For Contemporary Art 10. Waves 11. Starbucks

Convenience 12. Marketplace Iga 13. Shoppers Drug Mart 14. Bc Liquor Store

Activities 16. John Braithwaite Community Centre 17. Empire Esplanade 16 Movie Theatre 18. Derek Inman Tennis Courts 19. Yogapod 20. Bound Lotus Yoga Shopping 21. Obsession Bikes 22. Crocodile Baby 23. The Mill Fine Foods 24. Highwater Tackle

Partnership. Performance. Avison Young #2900-1055 W. Georgia Street Box 11109 Royal Centre Vancouver, BC V6E 3P3, Canada avisonyoung.com © 2015 Avison Young. All rights reserved.

Mehdi Shokri, Principal 604.647.1355 [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 Avison Young Commercial Real Estate (B.C.) Inc.; DBA, Avison Young