Lonsdale Quay FOR SALE 1925 Woodland Drive Capil Burrard …...South Fraser Perimeter Road 17A 10 99...
Transcript of Lonsdale Quay FOR SALE 1925 Woodland Drive Capil Burrard …...South Fraser Perimeter Road 17A 10 99...
CapilanoLake
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CANADAU.S.A.
CANADAU.S.A.
CANADAU.S.A.
University of British Columbia
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VANCOUVERINTERNATIONAL
AIRPORT
BC FERRIESTERMINAL
TSAWWASSEN
BOUNDARY BAYAIRPORT
LANGLEYAIRPORT
PITT MEADOWSAIRPORT
ABBOTSFORD INTERNATIONAL
AIRPORT
Albion Ferry
Burquitlam
Port Moody Centre
Lincoln
Coquitlam CentralInlet Centre
LougheedTown Centre
Burquitlam
Port Moody CentreInlet CentreCoquitlam Central
Lafarge Lake - Douglas
Lincoln
LougheedTown Centre
Port Moody Centre
PittMeadows
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MapleMeadows
PortHaney
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Oakridge/41st Ave
Langara/49th Ave
Marine Dr
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Airport
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VCC/Clark
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Lake City WayProduction Way/University
Braid
Sapperton
LougheedTown Centre
VCC/Clark
Burrard
Stadium/Chinatown
Main St
Broadway
Nanaimo
29th Ave
Joyce
Patterson
Metrotown
RoyalOak
Edmonds
22nd StNewWestminster
ColumbiaScott Rd
Gateway
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King George
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Waterfront Burrard
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Main St
Broadway
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29th Ave
Joyce
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S Fraser Perimeter Rd
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Cedar Dr
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Broadway St
ShaughnessySt Woodland Pipeline Rd
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Harris Rd
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Scott Rd120th St
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Scott Rd
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ourRd
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diWy
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Westham Isla
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Moncton St
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W 70th AveN Kent AveSE Marine Dr
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Berkley Rd
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Dundas St
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1st Ave
Venables St
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49th Ave E
Kerr St
ElliotSt
Victoria Dr
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Fraser St
Main St
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Great Northern Wy
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St
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W 33rd Ave
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Oak St
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Boulevard
W 49th Ave
Blenheim St
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W 10th Ave
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k Mall
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lvd
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W 13th St
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Hyan
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72nd St
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76th St
Kent Ave S
Grandview Hwy
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Rd
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Alex
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OakS
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ClivedenAve
Industrial Wy
W Yale Rd
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Boundary Rd
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kers
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orial
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Ave
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St
Fraser Wy
North
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ercial Dr
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110th Ave
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ighway
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anada High
way
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176th StPaci�c H
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Hig
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ineDr
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No. 5 Rd
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Gilmore Ave
WESTHAM ISLAND
TILBURY ISLAND
ANNACISISLAND
MITCHELLISLAND
DOUGLASISLAND
BARNSTONISLAND
MCMILLANISLAND
CRESCENT ISLAND
MATSQUIISLAND
HOGISLAND
FAIRFIELDISLAND
WINDERMERE ISLANDSEA
ISLAND
FOR SALE Vancouver, BC
COLLIERS INTERNATIONAL200 Granville Street, 19th FloorVancouver, BC V6C 2R6604 681 4111www.collierscanada.com
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2016. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Vancouver). *Personal Real Estate Corporation. 10122016
Kelvin Luk* Vice President 604 662 [email protected]
Dan Chatfield Associate 604 318 [email protected]
Steve Fame* Senior Vice President604 761 [email protected]
Woodland Drive
COLLIERS INTERNATIONAL200 Granville Street, 19th FloorVancouver, BC V6C 2R6604 681 4111www.collierscanada.com
FOR SALE Vancouver, BC 1925Woodland Drive
Kelvin Luk* Vice President 604 662 [email protected]
Dan Chatfield Associate 604 318 [email protected]
Steve Fame* Senior Vice President604 761 [email protected]
1925 Woodland Drive
Contact Us
Location1925 Woodland Drive is strategically located on the southwest corner of East 3rd Avenue and Woodland Drive in the Britannia-Woodland area of Vancouver, two blocks west of Commercial Drive. Commercial Drive is in the midst of a renaissance with new mixed-use developments drawing a wave of young professionals to the area, all while maintaining the same diverse atmosphere that makes Commercial Drive unique.
The adoption of the highly anticipated Grandview-Woodland Community Plan in July 2016 will further this trend of revitalization, as most areas have been designated for higher density developments that are 100% rental. Larger projects, such as the Commercial-Broadway Safeway Site will likely include high density residential, retail and office uses that will feature ample public spaces.
The area is heavily serviced by transit via the Broadway Bus Corridor and the Commercial-Broadway Skytrain Station, which is just steps away. They provide access to Downtown Vancouver and throughout the Lower Mainland.
A convenient location, accessibility, desirable amenities and premier accommodation culminate to present an opportunity to acquire a truly irreplaceable asset at the epicenter of new, ongoing and proposed development.
Gallery
Improvements
Lot Size Zoning16,145 SF (132’ x 122.31’) RM-4
Property Highlights > Strategic corner location with a distinguished curb side presence
> Extensively renovated 32-unit apartment building achieving premium rental rates
> Preferred suite mix featuring private balconies and patios > Immersed within an abundance of locational amenities and nearby transit
> New electrical, plumbing, sprinklers, and roof > Upgraded cosmetics with new kitchens, bathrooms and flooring
> Major structural upgrades including the addition of extensive shear walls, ties and anchors throughout the building
Bid Not Before DateNovember 8, 2016
Vancouver, BC
Prospective PurchasersProspective purchasers are invited to submit Offers to Purchase the property through Colliers International for consideration by the Vendor using a form of Offer to Purchase provided by Colliers International. All Offers to Purchase must be submitted using the Vendor approved offer form. A Data Room with detailed due diligence material is available to qualified investors upon execution of a Confidential Agreement (CA).
Legal DescriptionLot A Block 74 District Lot 264A Group 1 New Westminster District Plan EPP45336 PID 029-409-811
Offering ProcessThe Vendor is not obliged to accept any offer and reserves the right to reject any or all offers received in its sole and absolute discretion. Offers will not be considered before Tuesday November 8th. Please contact the undersigned for further information.
Built in 1979, the subject property is improved with a four-storey wood frame apartment building, which has recently undergone an extensive renovation campaign, totaling approximately 22,648 gross square feet (SF) on top of a secured, underground parking structure. The exterior is finished with a well maintained vinyl façade, some units have new double glazed windows and sliding doors with access to private balconies. A new intercom system has been implemented that allows access to the building by way of keyless fob entry.
The building features 4 bachelor units, 12 one-bedroom, 14 two-bedrooms and 2 three-bedroom suites, for a total of 32 suites, all of which have been dramatically upgraded. All suites feature open floor plans, high ceilings and ample natural light, laminate flooring in the bedrooms and common areas and tile flooring in the kitchens and bathrooms. Kitchens are equipped with new dishwashers, fridges and electric range ovens, which are all stainless steel Whirlpool, as well as new granite countertops, new cabinetry and some units have a large walk-in pantry. The bathrooms have been upgraded with new bathtubs which feature new tile surrounds, new toilets and granite vanities.
Tenants have access to the underground parking structure which features 30 secured parking stalls, 35 secured bicycle stalls and 18 full-sized storage lockers. The underground and four residential levels can be accessed by two sets of stairwells, as well as an upgraded elevator. Each floor features pressurized hallways with new carpeting and light fixtures, as well as dedicated laundry rooms with two sets of washers and dryers in each floor for a total of eight that is solely owned. The building has been fitted with a new sprinkler system and all new plumbing with replacement of the main line and risers. There is a natural gas-fired boiler dispersing heat via baseboard radiators and the main electrical service is 400-amp, whereby, all units receive 200-amp, are metered individually, and tenants are billed directly for hydro. The roof was replaced during the same period as the interior renovations with new plywood decking, exterior insulation, flashing and 2-ply torch on membrane, as well as, an additional roof drain was added.
Asking Price$19,880,000
FOR SALE 1925 Woodland Drive
Taxes (2016) OCP$17,539.65 Apartment (6 Storeys) - 2.40 FSR
Stabilized Cap Rate3.00%
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CANADAU.S.A.
CANADAU.S.A.
CANADAU.S.A.
University of British Columbia
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VANCOUVERINTERNATIONAL
AIRPORT
BC FERRIESTERMINAL
TSAWWASSEN
BOUNDARY BAYAIRPORT
LANGLEYAIRPORT
PITT MEADOWSAIRPORT
ABBOTSFORD INTERNATIONAL
AIRPORT
Albion Ferry
Burquitlam
Port Moody Centre
Lincoln
Coquitlam CentralInlet Centre
LougheedTown Centre
Burquitlam
Port Moody Centre Inlet CentreCoquitlam Central
Lafarge Lake - Douglas
Lincoln
LougheedTown Centre
Port Moody Centre
PittMeadows
MapleMeadows
PortHaney
MissionCity
CoquitlamCentral
PortCoquitlam
Port Moody Centre
PittMeadows
MapleMeadows
PortHaney
MissionCity
CoquitlamCentral
PortCoquitlam
KingEdward
Broadway/City Hall
Olympic Village
Yaletown/Roundhouse
Oakridge/41st Ave
Langara/49th Ave
Marine Dr
Bridgeport
Aberdeen
Lansdowne
Brighouse
TempletonSea Island
CentreYVR
Airport
VancouverCity Centre
KingEdward
Broadway/City Hall
Olympic Village
Yaletown/Roundhouse
Oakridge/41st Ave
Langara/49th Ave
Marine Dr
Bridgeport
Aberdeen
Lansdowne
Brighouse
TempletonSea Island
CentreYVR
Airport
VancouverCity Centre
Commercial
RupertRenfrew
Gilmore BrentwoodTown Centre
Holdom
Sperling/Burnaby Lake
Lake City WayProduction Way/University
Braid
Sapperton
LougheedTown Centre
VCC/Clark
Commercial
RupertRenfrew
Gilmore BrentwoodTown Centre
Holdom
Sperling/Burnaby Lake
Lake City WayProduction Way/University
Braid
Sapperton
LougheedTown Centre
VCC/Clark
Burrard
Stadium/Chinatown
Main St
Broadway
Nanaimo
29th Ave
Joyce
Patterson
Metrotown
RoyalOak
Edmonds
22nd StNewWestminster
ColumbiaScott Rd
Gateway
SurreyCentral
King George
Granville
WaterfrontBurrard
Stadium/Chinatown
Main St
Broadway
Nanaimo
29th Ave
Joyce
Patterson
Metrotown
RoyalOak
Edmonds
22nd StNewWestminster
ColumbiaScott Rd
Gateway
SurreyCentral
King George
Granville
Waterfront
Lonsdale QuayLonsdale Quay
Delta
Surrey
Port Moody
Burnaby
WestVancouver
NorthVancouver
Richmond
CHILLIWACK
AGASSIZNEWWESTMINSTER
Vancouver
LangleyLangley
Port Coquitlam
Coquitlam
PittMeadows
MapleRidge
Mission
Abbotsford
White Rock
George Massey Tunnel
Hammond Rd
Fraser Wy
Boundary Rd
Vye Rd
Wha
tcom
Rd
McC
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m R
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Marshall Rd
Huntington Rd
Pear
donv
ille R
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King Rd
Ross
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296t
h St
328t
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320t
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304t
h St
Mt.
Lehm
an R
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rbro
ok R
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McM
illan
RdOld Yale
Clayburn
Rd
Old
Bell
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56th Ave
Clayburn Rd
Rive
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e Rd
Fore Rd 60th Ave
44 Ave
16th Ave
8th Ave
20th Ave
Page Rd
Glad
win
Rd
48th Ave48th Ave
40th Ave
Ferndale Ave
Richards Ave
Dale Rd
Farms Rd
Hartley Rd
Dewdney Trunk Rd
1st Ave
7th Ave
14th Ave
22nd Ave
Ceda
r St
Farm
s Rd
Spra
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Stav
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Hur
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Wre
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Clay
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Dewdney Trunk Rd
Keystone Ave
Tyler
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Hay
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280t
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80th Ave
McTavish Rd
Satc
hell
St
Harris Rd
Townshipline Rd
Downes Rd
Brad
ner
Rd28
8th
St
Lefe
uvre
Rd
8th Ave
0 Ave Boundary Rd
272n
d St
8th Ave
256t
h St
248t
h St
272n
d St
56th Ave
272n
d St
280t
h St
112th Ave
100th Ave
112th Ave
256t
h St
256t
h St
264t
h St
248t
h St
112th Ave
124th Ave
Dewdney Trunk Rd
102nd Ave
240t
h St
128th Ave128th Ave
232n
d St
227t
h St
224t
h St
Glov
er R
d
Wilson Cr
80th Ave
240t
h St
Brow
n Rd
72nd Ave
Telegraph Tr
Fern
Cr
132nd Ave
144 th St
Neav
es R
d
Laity
St
216t
h St
River Rd
203r
d St
207t
h St
Gold
en E
ars
Brid
ge
208t
h St
100th Ave
96th Ave
88th Ave
Telegraph Tr
216t
h St
To
pham
Rd
200t
h St
72nd Ave 72nd Ave
208t
h St
216t
h St
Glover
Rd
Logan Ave
HWY 10BYPASS
48th Ave
Old Yale Rd
40th Ave
Douglas Cr
208t
h St
53rd Ave
203r
d St
Grade Cr
200t
h St
208t
h St
216t
h St
32nd Ave
240t
h St
24th Ave 24th Ave
224t
h St
232n
d St
16th Ave 17
6th
St
0 Ave Boundary Rd
176t
h St
172n
d St
Campbell River Rd
16th Ave
168t
h St
8th Ave
Buena Vista Ave
152n
d St 24th Ave
20th Ave
28th Ave
32nd Ave
184t
h St
188t
h St
192n
d St
20th Ave
Colebrook Rd
Paci
�c H
ighw
ay
40th Ave 40th Ave
160t
h St
160t
h St
60th Ave
64th Ave
168t
h St
184t
h St
192n
d St
80th Ave
88th Ave
Harvie
Rd
160t
h St
92nd Ave
96th Ave
104th Ave
156t
h St
108th Ave
S Fraser Perimeter Rd
Woo
lridg
e Rd
Victoria Dr
Burn
s Rd
Prairie Ave
Ceda
r DrCo
ast M
erid
ian
Rd
Kingsway Ave
Broa
dway
St
Shau
ghne
ssy S
tWoo
dlan
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pelin
e Rd
Panorama Dr
John
son
St
Landsdowne
Dr
Pine
tree
Wy
Mary Hill Bypass
Pitt
Rive
r Rd
Dewdney Trunk Rd
Har
ris R
d
Richardson Rd
McNeil Rd
East Rd
Sunn
ysid
e Rd
Ioco Rd
April
Rd
HeritageMountain
Blvd
Clarke
Rd
Como Lake Ave
Mar
iner
Wy
Lint
on S
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Gate
nsbu
ry R
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Austin Ave
Marine DrNorth Blu� Rd
128t
h St
20th Ave124t
h St
Bayv
iew
St
24th Ave
28th Ave
140t
h St
Cres cent
Rd 32nd Ave
40th Ave
Colebrook Rd
56th Ave
Stat
ion
Rd
58th Ave 148t
h St
148t
h St
64th Ave 68th Ave
72nd Ave
76th Ave76th Ave
Scot
t Rd
120t
h St
80th Ave
Kitson Pkwy
72nd Ave 140t
h St
144t
h St
152n
d St
84th Ave
128t
h St
112t
h St
84th Ave
Norde
l Wy
140t
h St
AnnacisHighway
88th Ave
92nd Ave
96th Ave
132n
d St
100th Ave
Scott
Rd
100th Ave
104th Ave
108th AveGros
venor
Rd
116th Ave
Hartley Ave
Mt S
eym
our Rd
Deep
Cov
e Rd
Mt Seymour Pkwy
Eton St
Parker St Curtis St
Gaglardi Wy
Gera
ld A
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Sper
ling
St
Nort
h Rd
Canada Wy6th St
10th Ave
8th Ave
6th Ave
Queens
Ave
Deer Lake Pkwy
Gille
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e
Roya
l Oak
Ave
Imperial St
Rumble St
Nels
on A
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Marine Dr
Marine Wy
Byrne R
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Tyne
St
Boun
dary
Rd
Grange St
RdRiver
Derwent Wy
River Rd VantageWy
Progress Wy 80th
St
Hopcott Rd
72nd
St
60th Ave
36th Ave
64th
St
16th Ave
Boundary
BayRdPo
int R
ober
ts R
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1st Ave
6th Ave
12th Ave
52nd
St
56th
St
28th Ave27B Ave
Deltaport Wy
53rd
St
Arth
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34B Ave
Caus
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Rive
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62B
St
No. 6
Rd
No. 7
Rd
No. 8
Rd
Nels
on R
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No. 9
Rd
Vulc
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Bridgeport Rd
Knight St Bridge
Granville Ave
River Rd
Blundell Rd
Francis Rd
Williams Rd
Gard
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No. 4
Rd
Shel
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Railw
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Westham Island Rd
Robe
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n Rd
Dyke Rd
Gilb
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No. 2
Rd
No. 1
Rd
Moncton St
Russ Baker Wy
Grant McConachie Wy
W 70th Ave N Kent AveSE Marine Dr
Twigg Pl
Sprott StWinston StRu
pert
St
Hol
dom
St
Berk
ley
Rd
McGill St
Dundas St
Renf
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St
1st Ave
Venables StNa
naim
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E 41st Ave
W 57th Ave W 57th Ave
49th Ave E
Kerr
St
Ellio
tSt
Vict
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Dr
Clar
k Dr
Knig
ht S
t
Fras
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Mai
n St
E 33rd Ave
E 12th Ave
Gre at Northern Wy
Denman
St
Davie St
Paci�c St
W 33rd Ave
Cam
bie
St
Oak
St
Arbu
tus
StW
Bou
leva
rd
W 49th Ave
Blen
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St
Dunb
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Crow
n St
W 10th Ave
Wesbrook Mall
W 4th Ave
NW Marine Dr
Cornwall StPoint Grey Rd
Mac
dona
ld S
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Marine Dr15th St
21st
St
Inglewood Ave
11th
St
15th
St
Stev
ens Dr
Queens AveSouth
boro
ugh
Dr
Capi
lan
oRd
Edgemont Blvd
Welch St
Larso
n Rd
Delb
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E 29th St
E Gr
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Blvd
Broo
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Riverside Dr
E Ri
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W 13th St
Braemar Rd
Mou
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Lynn V
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Lillo
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W 3rd StE 3rd St
Hyannis Dr
72nd
St
Huston Rd
76th
St
Kent Ave S
Grandview Hwy
Blundell Rd
Harbourside DrHarbourside Pl
Fulton Ave
Mathers Ave
64th Ave
Rd
Ferguson Wy
Ladner Trunk Road
Blue
Mou
ntai
nSt
Stav
eLa
keSt
Bedw
ellBay RdFe
llAv
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E Keith Rd
Trans Canada Highway
Lougheed Highway
Simon FraserUniversity
Dollarton HwyOld
Dollarton Rd
Vulcan Wy
Port Mann
Bridge
Patullo Bridge
AlexFraser Bridge
Oak St Bridge
Lion
s Gat
eBr
idge
QueensboroughBridge
Cliveden
Ave
Industrial Wy
W Yale Rd
Lick
man
Rd
Sum
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rairi
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Boun
dary
Rd
Inte
rpro
vinc
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wy
Cole
Rd
McD
erm
ott R
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Mar
ion
Rd
Dixo
n Rd
Pow
erho
use
Rd
Chad
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Rd
Sinclair Rd
Hop
edal
e Rd
S Sumas Rd
Luckakuck Wy
Keith Wilson Rd
Peters Rd
W Yale Rd
VedderRd
Prairie Central Rd
Bailey Rd
Watson Rd Promontory Rd
Chilliwack Central Rd
1st Ave
Castleman Rd
Anni
s Rd
Chap
man
Rd
McG
rath
Rd
Ford
Rd
Gibs
on R
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Pres
t Rd
Youn
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Banf
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Rd
Campbell River Rd
Chi l l iw ackRiverR
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Gilla
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sRd
Vedder Mountain Rd
Yarrow Central Rd
No. 3 Rd
No. 4 RdFireclay Rd
No. 5 RdAtkinson Rd
Campbell Rd
Wells Line Rd
Dewdney Trunk Rd
Stav
eLa
keRd
Sylve
ster
Rd
Hawkins Pickle Rd
New
ton
Rd
Eagl
e Rd
R iver Rd South
Nicomen Island Trunk Rd
Nicomen Island Trunk Rd
John
son
Rd
Athe
y RdNo 1 Rd
Chilliwack Mtn Rd
Wellington Ave
Wolfe Rd
Hope River Rd
Chilliwack Lake Rd
Lower Sumas
Mtn
Rd
Sumas MtnRd
Upper Sumas Mountai nRd
Limbert Rd
McCallum Rd
Cam
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Rd
Brid
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ArthurLa
ing
Br
idge
RdStraiton
IronW
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o rial Bridge
Stewardson Wy
Colu
mbi
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Brunette Ave
Newton Rd
192n
d St
Dawson Rd
Ave
Shau
ghne
ssy St
St
Fraser
Wy
North
Com
mer
cial
Dr
Earle
s St
110th Ave
112th Ave
Kingsway
E Hastings Street
E Broadway
Kingsway
Gran
ville
Str
eet
W Broadway
King
Geo
rge
Hig
hway
Fraser Highway
United Blvd
Barnet Highway
Upper
Highway
Levels
Tayl
or W
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Haney Bypass
Fraser Highway
Trans Canada Highway
56th Ave
176t
h St
Paci
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ighw
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Lougheed Highway
South Fraser Way
Mission-abbotsford H
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264t
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Alde
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Bel
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ighw
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Trans C
anada Hwy
North P
arallel
South
Parallel
Sumas Way
Trans Canada Hwy
Har
rison
Hot
Spr
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Rd
Lougheed Hwy
E Yale Rd
Lougheed Highway
St. Johns St
Westminster Hwy
Fras
er -
Del
ta T
hruw
ay
Richmond Annacis Highway
Cambie Rd
Alderbridge Wy
Will
ingd
on A
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King Edward Ave
W 41st Ave
W 12th Ave
SWMarine Dr
W 16th Ave
No. 5
Rd
Steveston Hwy
No. 3
Rd
Canada Wy
Gilm
ore
Ave
WESTHAM ISLAND
TILBURY ISLAND
ANNACISISLAND
MITCHELLISLAND
DOUGLASISLAND
BARNSTONISLAND
MCMILLANISLAND
CRESCENT ISLAND
MATSQUIISLAND
HOGISLAND
FAIRFIELDISLAND
WINDERMERE ISLANDSEA
ISLAND
FOR SALE Vancouver, BC
COLLIERS INTERNATIONAL200 Granville Street, 19th FloorVancouver, BC V6C 2R6604 681 4111www.collierscanada.com
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Kelvin Luk* Vice President604 662 [email protected]
Dan Chatfield Associate 604 318 [email protected]
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Woodland Drive
COLLIERS INTERNATIONAL200 Granville Street, 19th FloorVancouver, BC V6C 2R6604 681 4111www.collierscanada.com
FOR SALE Vancouver, BC1925 Woodland Drive
Kelvin Luk* Vice President 604 662 [email protected]
Dan Chatfield Associate 604 318 [email protected]
Steve Fame* Senior Vice President604 761 [email protected]
1925Woodland Drive
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