For sale

Avison Young is pleased to present the unique opportunity to acquire a prominently located residential development site with exceptional holding income on a prime corner site in North Vancouver’s, Deep Cove neighbourhood. The property brings the potential to build a four-storey multi-family building with retail at grade in an exceptional location with spectacular ocean views of the Burrard Inlet and Indian Arm. The property recently received significant capital improvements and has leases in place at market rates with demolition clauses. Permitted density on the site will allow for a total buildable area of 60,694 sf. The property represents an opportunity for an investor or developer to hold a great site with strong income while planning the development of a ocean view residential building in a highly desirable seaside location.