334 & 350 East 5th Avenue

334 & 350 East 5th Avenue , Vancouver, BC V5T 1H4 Canada

Investment Property

For Sale

Land

334 & 350 East 5th Avenue

334 & 350 East 5th Avenue , Vancouver, BC V5T 1H4 Canada

Available Space

30,150 SF

Lot Size

30,150 SF

Available Space

30,150 SF

Lot Size

30,150 SF

OVERVIEW

Cushman & Wakefield ULC (“C&W”) is pleased to present to the market a 100% freehold interest in 334 & 350 East 5th Avenue, Vancouver, BC (the “Property”).

The Property is currently improved with two separate stratas, 334 East 5th, known as Viewpoint (strata plan VAS496) and 350 East 5th known as Pleasant ViewManor (strata plan VAS63). The two sites are situated at the corner of East 5th Avenue and Brunswick Street combining for a total site area of 30,150 squarefeet. The regularly shaped lot will facilitate tower development as per the recently adopted Broadway Plan which designates the Property for 6.0 FSR or 20 storeys of strata ownership housing or 6.5 FSR (20 storeys) of purpose-built rental.

CONTACT

Matthew MacLean

Personal Real Estate Corporation, Executive Vice President, Commercial Sales & Leasing
Vancouver, Canada

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Andrei Jelescu

Personal Real Estate Corporation, Associate Vice President, Commercial Sales & Leasing
Vancouver, Canada

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Key Features

Located less than 500 metres from the future Great Northern Way-Emily Carr Station of the Broadway Line, the Property represents one of Mount Pleasant Apartment Area’s first TOD condo sites.
The time required to formally wind up the stratas can be utilized by a prospective purchaser to undertake the entitlement process making this a cost-effective acquisition through the pre-development timeline.
As existing strata buildings, the Property offers significant flexibility to a buyer as either a condo or purpose-built rental redevelopment with no tenant relocation costs.

Details

Available Space:: 30,150 SF
Lot Size:: 30,150 SF

Matthew MacLean

Personal Real Estate Corporation, Executive Vice President, Commercial Sales & Leasing
Vancouver, Canada

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Andrei Jelescu

Personal Real Estate Corporation, Associate Vice President, Commercial Sales & Leasing
Vancouver, Canada

Download VCard

334 & 350 East 5th Avenue

AVAILABILITIES

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