Overview

Colliers is privileged to offer this rare opportunity to acquire an approved and rezoned development site in North Vancouver. This 74,673 SF site is located at the corner of Old Dollarton Road and Front Street, in the heart of burgeoning Maplewood Village.

A rezoning and development permit for the site was approved by District of North Vancouver (“DNV”) council for a project that includes two 6-storey woodframe condo buildings, rental units and ground floor retail space.

  • Address North Vancouver
  • Status Sold
  • Property Type Land
  • Land Area1.7 acres

Features

  • Rezoning and development permit approved for 193 residential units with 10,473 sq ft of retail
  • Attractive and highly marketable design by renowned local architects Rositch Hemphill
  • Approved density: 186,046 sq ft gross buildable, 2.49 FAR
  • Substantial design and site due diligence work completed representing considerable cost savings to buyer
  • CACs, DCLs and Off-site costs already confirmed with DNV
  • Pre-sales and construction possible late 2021
  • Scarce pre-sales inventory in North Vancouver leading to record condo values
  • High barrier to entry with no other competitive product likely to commence pre-sales until 2023
  • Desirable location in established and flourishing Maplewood Village area
  • Highly marketable to North Shore condo buyers – walkable to all amenities, schools, also convenient access to Highway 1, Downtown Vancouver and Burnaby

Location

Address

229 Seymour River Place & 2015 Dollarton Highway, North Vancouver, BC

Enquiry

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