LONSDALE AVENUE NORTH VANCOUVER, BC

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Partnership. Performance.

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

Mehdi Shokri, Principal 604.647.1355 [email protected]

111

LONSDALE AVENUE NORTH VANCOUVER, BC

111

LONSDALE AVENUE NORTH VANCOUVER, BC Suggested Pricing* Unit

Size (sf)

Price

Price/sf

Second Floor 201

1,050

$724,500

SOLD

202

700

$437,500

SOLD

542

$352,300

SOLD

2,622*

$1,514,300

$578

203 Total

Third Floor 301

1,050

$656,000

$625

302

775

$445,000

$575

303

1,127

$648,000

$575

3,282*

$1,749,000

$533

Opportunity

Total

-- Located in the new Wallace & McDowell mixed use development, the subject property offers three floors of “A” class office space.

401

1,050

$656,000

$625

402

775

$445,000

$575

-- Blending heritage and modern design, the subject property faces south which provides incomparable water views and natural sunlight.

Fourth Floor

403 Total

1,131

$650,000

$575

3,286*

$1,751,000

$533

-- Wallace & McDowell will be an integral building in the transforming Lower Lonsdale community.

* 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.

Parking & Storage

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

-- 45 shared commercial parking stalls. -- 12 stalls in commercial bike room with lockers and shower.

Property Profile

-- Contact Agent for further details regarding parking.

-- Surrounded by breathtaking views of the mountains, water and the city of Vancouver; Wallace & McDowell is nestled in the core of Lower Lonsdale.

-- Onsite storage available.

-- Architecturally stunning, Wallace & McDowell will embody the synthesis of classic and modern with its first class standard design.

Floor Plans Second Floor

201

Third Floor

SOLD 202

203

301

Fourth Floor

302

303

401

402

403

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.

View from the 2nd floor

Business/Investment Opportunity

Why Rent When You Can Own?

-- 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.

Purchase Price (Unit 302)

-- A perfect synthesis of the past and the present, Wallace & McDowell is positioned to be Lower Lonsdale’s landmark building for years to come.

$445,000

Financing

Rositch Hemphill Architects

$333,750

120 Powell Street, Unit 10 Vancouver, BC Canada V6A 1G1

10'-0"

143.4' U/S OF CEILING

10'-0"

143.4.' U/C OF CEILING

www.rharchitects.ca

Client Down Payment

133.4' 5th FLOOR

10'-6" 11'-1 1/2"

12'-3 1/2"

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

88.72' OFFICE LEVEL 2

03 JUNE 2013 07 AUG 2013 21 OCT 2013 29 NOV 2013

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

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

112.4' 3rd FLOOR

DATE:

ISSUED:

10'-6"

10'-6"

133.4.' 5th FLOOR

t 604.669.6002 f 604.669.1091

11'-5"

CRU 2 FLOOR LEVEL 85.8'

77.3' OFFICE LEVEL 1

2. 1.

EAST ELEVATION (LONSDALE AVENUE)

Monthly Mortgage Payment (approximate)

CITY COMMENT REVS 21 OCT 2012 CITY COMMENT REVS 07 AUG 2012 DATE:

NO. REVISION:

This drawing as an instrument of service is the property of Rositch Hemphill Architects and may not be reproduced without the firm's permission. All information shown on the drawing is for use in this specific project only and shall not be used otherwise without written permission from this office. Contractors shall verify and be responsible for all dimensions on the job and this office shall be informed of any discrepancies and variations shown on drawing.

$974 in interest

ARCHITECTURAL SEAL:

$697 in principal $1,671 total per month

Rositch Hemphill Architects

143.4.' U/C OF CEILING

133.4.' 5th FLOOR

143.4.' U/C OF CEILING

10'-0"

122.9' 4th FLOOR

133.4.' 5th FLOOR

10'-6"

112.4' 3rd FLOOR

122.9' 4th FLOOR

10'-6"

Project Name

122.9' 4th FLOOR

DRAWING TITLE:

www.rharchitects.ca

ISSUED:

$1,808 per month based on $28 psf NNN DATE:

ELEVATIONS 1. DPA 2. REVISED DPA & 2ND LONSDALE 3. REVISED DPA DATABASE :

03 JUNE 2013 07 AUG 2013 21 OCT 2013 29 NOV 2013

SCALE :

1134-A4.0.dwg 3/32"=1'-0"

PLOTDATE : DRAWN :

100.14' OFFICE LEVEL 3

CHECKED : PROJECT NO.

88.72' OFFICE LEVEL 2 D.P. No : B.P. No :

PARKADE EXHAUST VENT

PAINTED MURAL WALL

CJ KSH

1134 DWG. NO.

NORTH ELEVATION (2ND STREET)

CRU 1 FLOOR LEVEL

Comparable Net Rental Rate

PROJECT:

Address

85.8' CRU 2 FLOOR LEVEL

15'-6"

85.3'

t 604.669.6002 f 604.669.1091

133.4' 5th FLOOR

112.4' 3rd FLOOR

A4.1

000000

77.3' OFFICE LEVEL 1

PAINTED MURAL WALL 62.8' CRU 10 LEVEL

WEST ELEVATION (LANE)

2. 1.

CITY COMMENT REVS 21 OCT 2012 CITY COMMENT REVS 07 AUG 2012

NO. REVISION:

143.4' U/S OF CEILING

0"

101.25' 2nd FLOOR

120 Powell Street, Unit 10 BC Canada V6A 1G1

Vancouver, CLIENT:

4. REZONING APPLICATION

101.25' 2nd FLOOR

11'-1 1/2"

112.4' 3rd FLOOR

143.4' U/S OF CEILING

DATE:

This drawing as an instrument of service is the property of Rositch Hemphill Architects and may not be reproduced without the firm's permission. All information shown on the drawing is for use in this specific project only and shall not be used otherwise without written permission from this office. Contractors shall verify and be responsible for all dimensions on the job and this office shall be informed of any discrepancies and variations shown on drawing.

ARCHITECTURAL SEAL:

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