cambie t corridor opportunity - loopnet...avenue, vancouver, british columbia through fraser elliott...

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CANADA LINE CAMBIE STREET DOWNTOWN VANCOUVER SUBJECT PROPERTY LANGARA GOLF COURSE LANGARA COLLEGE OAKRIDGE CENTRE CAMBIE CORRIDOR OPPORTUNITY FOR SALE Cambie Corridor Redevelopment Opportunity 604.728.2845 [email protected]

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Page 1: CAMBIE T CORRIDOR OPPORTUNITY - LoopNet...Avenue, Vancouver, British Columbia through Fraser Elliott Real Estate Group and its designated Agent(s) for consideration by the vendors

CANADA LINECA

MB

IE S

TREE

T

DOWNTOWN VANCOUVER

SUBJECT PROPERTY

LANGARA GOLF COURSE

LANGARA COLLEGE

OAKRIDGE CENTRE

CAMBIECORRIDOR

OPPORTUNITY

FOR SALECambie Corridor Redevelopment Opportunity

[email protected]

Page 2: CAMBIE T CORRIDOR OPPORTUNITY - LoopNet...Avenue, Vancouver, British Columbia through Fraser Elliott Real Estate Group and its designated Agent(s) for consideration by the vendors

THIS COMMUNICATION IS NOT INTENDED TO CAUSE OR INDUCE BREACH OF AN EXISTING AGENCY AGREEMENT OR RELATIONSHIP. FRASER ELLIOTT REAL ESTATE GROUP | RE/MAX PROGROUP REALTY

For Sale: 444 West 49th Ave Vancouver, BC.

SUBJECT PROPERTY

OpportunityStunning redevelopment/investment opportunity on Vancouver’s prestigious Cambie Corridor! One of the best corner locations available, directly across from the Langara & 49th Canada Line Station, only steps from Langara College and close proximity to Marine Gateway and Oakridge Center. A key piece in the further redevelopment of the South East corner of W.49th Avenue and Cambie Street.

Currently improved with a 48-unit condo building situated on a 71,358 sq.ft lot.

The City of Vancouver has identified the Cambie Corridor as a major focus for higher density. There have been many recent redevelopment applications and approvals for updensification in the immediate area including a proposal at nearly 6.0 FSR.

Further review of this particular site could yield even higher due to its unique and high profile location.

Page 3: CAMBIE T CORRIDOR OPPORTUNITY - LoopNet...Avenue, Vancouver, British Columbia through Fraser Elliott Real Estate Group and its designated Agent(s) for consideration by the vendors

FRASER ELLIOTT REAL ESTATE GROUP | RE/MAX PROGROUP REALTY THIS COMMUNICATION IS NOT INTENDED TO CAUSE OR INDUCE BREACH OF AN EXISTING AGENCY AGREEMENT OR RELATIONSHIP.

LANGARA–49THCANADA LINE STATION

Subject Property:444 West 49th AvenueStrata plan VAS663“Wintergreen Place”

Location: Located at the South East corner of W.49th Ave and Cambie St. Vancouver BC. • Directly across from the Langara & 49th

Canada Line Rapid Transit Station• Steps from Langara College• Close proximity to Marine Gateway and

Oakridge Shopping Center.

Zoning: CD-1

Lot Details (approx):Frontage Cambie Street: 183.33 feetFrontage on West 49th Avenue: 388.95 feet

Lot Area: 71,358 sq.ft lot. (1.638 Acres)

Strata Lots: 48

Construction Year: 1980

Building Details: 3 Storey Condo Building

Purchase Price: The property is un-priced.

Offering Process: Prospective purchasers are invited to submit Offers to Purchase 444 W. 49 Avenue, Vancouver, British Columbia through Fraser Elliott Real Estate Group and its designated Agent(s) for consideration by the vendors. Any offer or letter of intent to purchase the property is to be submitted to Fraser Elliott Real Estate Group.

Offers to be submitted by bid date: July 10, 2018

SUBJECT PROPERTY

Page 4: CAMBIE T CORRIDOR OPPORTUNITY - LoopNet...Avenue, Vancouver, British Columbia through Fraser Elliott Real Estate Group and its designated Agent(s) for consideration by the vendors

THIS COMMUNICATION IS NOT INTENDED TO CAUSE OR INDUCE BREACH OF AN EXISTING AGENCY AGREEMENT OR RELATIONSHIP. FRASER ELLIOTT REAL ESTATE GROUP | RE/MAX PROGROUP REALTY

Zoning and Land Use

CAM

BIE

STR

EET

SUBJECT PROPERTY

LANGARA GOLF COURSE

LANGARA COLLEGE

FUTURE PEARSON DOGWOOD REDEVELOPMENT

FUTURE LANGARA GARDENS REDEVELOPMENT

FUTURE OAKRIDGE REDEVELOPMENT

The third phase of the City of Vancouver’s Cambie Corridor Plan supports higher density development opportunities.

The Subject Property is a key piece in the redevelopment of the South East Corner of West 49th Avenue and Cambie Street.

SUBJECT PROPERTY

Page 5: CAMBIE T CORRIDOR OPPORTUNITY - LoopNet...Avenue, Vancouver, British Columbia through Fraser Elliott Real Estate Group and its designated Agent(s) for consideration by the vendors

FRASER ELLIOTT REAL ESTATE GROUP | RE/MAX PROGROUP REALTY THIS COMMUNICATION IS NOT INTENDED TO CAUSE OR INDUCE BREACH OF AN EXISTING AGENCY AGREEMENT OR RELATIONSHIP.

Nearby Redevelopment Projects

Early concept for Oakridge Municipal Town Centre. (City of Vancouver)

Preliminary conceptual artistic rendering of Langara Gardens. (James Cheng Architects)

Oakridge Municipal Town CentreVancouver’s only secondary town centre.

Langara Gardens ConceptWest 57 Avenue and Cambie Street

FUTURE LANGARA GARDENS REDEVELOPMENT

FUTURE OAKRIDGE MUNICIPAL TOWN CENTRE

Page 6: CAMBIE T CORRIDOR OPPORTUNITY - LoopNet...Avenue, Vancouver, British Columbia through Fraser Elliott Real Estate Group and its designated Agent(s) for consideration by the vendors

THIS COMMUNICATION IS NOT INTENDED TO CAUSE OR INDUCE BREACH OF AN EXISTING AGENCY AGREEMENT OR RELATIONSHIP. FRASER ELLIOTT REAL ESTATE GROUP | RE/MAX PROGROUP REALTY

Nearby Redevelopment Projects

Artistic rendering of the first phase of the Pearson Dogwood redevelopment at 7433 Cambie Street, Vancouver. (IBI Group Architects) Phase 1: 5.77FSR, 81,142 SQ.FT. Lot

Pearson Dogwood Redevelopment7433 Cambie Street

FUTURE PEARSON DOGWOOD REDEVELOPMENT

Page 7: CAMBIE T CORRIDOR OPPORTUNITY - LoopNet...Avenue, Vancouver, British Columbia through Fraser Elliott Real Estate Group and its designated Agent(s) for consideration by the vendors

FRASER ELLIOTT REAL ESTATE GROUP | RE/MAX PROGROUP REALTY THIS COMMUNICATION IS NOT INTENDED TO CAUSE OR INDUCE BREACH OF AN EXISTING AGENCY AGREEMENT OR RELATIONSHIP.

WE LOOK FORWARD TO WORKING WITH YOU.

Bid Date Deadline: July 10, [email protected]

604.728.2845

FRASER ELLIOTT REAL ESTATE GROUP | RE/MAX PROGROUP REALTY THIS COMMUNICATION IS NOT INTENDED TO CAUSE OR INDUCE BREACH OF AN EXISTING AGENCY AGREEMENT OR RELATIONSHIP.

Page 8: CAMBIE T CORRIDOR OPPORTUNITY - LoopNet...Avenue, Vancouver, British Columbia through Fraser Elliott Real Estate Group and its designated Agent(s) for consideration by the vendors

www.fraserelliott.com* For total residential and commercial commissions combined out of over 100,000 RE/MAX® sales associates worldwide. As recognized by the RE/MAX® INTERNATIONAL achievement award to Fraser and his team for 2017.

The information contained in this brochure is deemed to be accurate at the time of publication but is subject to change and if important to the buyer, should not be relied on without their own independent verification.

#1 TEAM IN BC 2017*

#2 TEAM IN WESTERN CANADA

2017*

#8 TEAM IN ALL OF CANADA

2017*