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Osler Street 8804-8828 Vancouver, BC

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Osler Street 8804-8828 Vancouver, BC Subject Property SW MARINE DRIVE T TEMPLETON GRANVILLE STREE W 72ND A TO DOWNTOWN SKYTRAIN STAION W 70 VANCOUVER TH A ARTHUR LAING BRIDGE VENUE VENUE OAK STREET SW TO RICHMOND MARINE DRIVE BRIDGE & US BORDER BRIDGEPORT T SKYTRAIN STATION OAK STREE MARINE DRIVE SKYTRAIN STATION T CAMBIE STREE TO BURNABY RICHMOND OSLER STREET 8804-8828 VANCOUVER, BC Partnership. Performance. FOR SALE 16,130 sf development site in the Marpole neighbourhood of Vancouver’s West Side Bal Atwal*, Principal 604.647.5090 [email protected] * Bal Atwal Personal Real Estate Corporation OSLER STREET 8804-8828 VANCOUVER, BC Property Summary Opportunity Avison Young is pleased to present 8804-8828 Osler Street (the “Property”), located on the southeast corner of Osler Street and W 72nd Address Avenue, in the emerging Marpole neighbourhood of Vancouver’s West Side. 8804-8828 Osler Street, Vancouver, BC Parcel Identifier Key Highlights 006-626-157 Currently improved with an 11,140 sf two-storey commercial Site Area ✓ building with holding income 16,130 sf Frontages ✓ Excellent medium-density redevelopment opportunity in W 72nd Avenue: 122 ft. an emerging neighbourhood on the West Side of Vancouver Osler Street: 132 ft. 16,130 sf of land with efficient site dimensions and ideal street Current Improvements ✓ separation for redevelopment 11,140 sf two-storey building Environmental ✓ Current zoning and Marpole Community Plan both support density Satisfactory Phase I Environmental - June 2017 to 2.50 FSR Current Zoning ✓ Proximity to Canada Line Marine Drive SkyTrain Station, MC-1 and excellent connectivity to Downtown Vancouver, University of Marpole Community Plan British Columbia, City of Richmond, and Vancouver International Airport Mixed-use (up to 6 storeys) Steps away from a vast array of amenities including a Safeway store, Allowable Density ✓ restaurants, banks, parks, community centres and top-ranked schools 2.50 FSR Gross Buildable Area ✓ Strong demand for multi-family products on the West Side, with ~40,325 buildable sf limited opportunities available for redevelopment Price Contact Listing Agent 8804-8828 Osler Street - Building Front View OSLER STREET 8804-8828 VANCOUVER, BC Prominent Location The Property benefits from its prime location at Osler Street and W 72nd Avenue in the Marpole neighbourhood – an emerging community located in the southern portion of Vancouver’s West Side. Situated directly across Ebisu Park, the Property is in proximity to Westbank’s Granville at 70th 3 MINS development, which boasts a host of amenities, including a deluxe Safeway, library, theatre, and to Granville at 70th other retail. Granville Street forms part of Highway 99 and runs through the centre of the City -------------------------------- of Vancouver, leading directly to Downtown Vancouver to the north, and Richmond/Vancouver International Airport to the south. It also connects directly with Marine Drive leading to UBC to 5 MINS the west and Burnaby/Fraser Valley to the east. As “high street” for the Marpole neighbourhood, to City of Richmond Granville Street offers its surrounding community all the vibrant amenities of urban living on -------------------------------- their doorstep, with strong walking and cycling connections to public transit. 10 MINS Development Potential to UBC & YVR Airport -------------------------------- The site is currently zoned MC-1, which allows for a four-storey building with total density of 2.50 FSR. The designated land use within the Marpole Community Plan is mixed-use up to 6 storeys with a 2.50 FSR. A mix of commercial uses including retail and service is required at grade, with 15 MINS residential uses above. to Downtown Vancouver -------------------------------- Nearby 8888 Osler Street was successfully rezoned from MC-1 (Mixed-use Industrial) to CD-1 (Comprehensive Development) to allow for the development of a 6-storey, 81-unit 79 residential building with retail/commercial uses at grade. In conjunction with the adjacent Walk Score – “Very Walkable” Coast Hotel, the property was rezoned to allow for an increase to 2.30 FSR over the entire lands, however, the redevelopment portion (8888 Osler Street) achieved an overall density of ~3.50 FSR. AIRPORT SQUARE Ebisu Park 8888 Osler Street Rendering Subject Property 8804-8828 Osler Street OSLER STREET 132 FT 122 F T T 122 F Source: Coast Hotel Expansion Rezoning Application 132 FT SW MARINE DRIVE VENUE A ND W 72 W OAK STREET MARINE DR MARINEO DRSLER STREET 3 ST W MT SEYMOUR PKWY VANCOUKEITHVER, RD E BC 8804-8828 3 ST E DOLLARTON HWY W GEORGIA ST COAST MERIDIAN RD BARNET HWY E HASTINGS ST WILLINGDON AVE DOWNTOWN HASTINGS ST CLARK DR ST JOHNS ST PINETREE WY MCNEIL RD NEAVES RD W 4 AVE LOUGHEED HWY W BROADWAY CLARKE RD KINGSWAY E BROADWAY COMO LAKE AVE NANAIMO ST W 16 AVE 15 minutes to RUPERT ST GAGLARDI WAY KINGSWAY AVE Downtown Vancouver SW MARINE DR W KING EDWARD AVE LOUGHEED HWY AUSTIN AVE BOUNDARY RD BOUNDARY GRANVILLE ST KNIGHT ST S 10 minutes AS VANCOUVER P to UBC Y CANADA WAY B E COLUMBIA ST E COLUMBIA L ABERNETHY WAY W 41 AVE IL KINGSWAY Y H AR M W 49 AVE KERR ST MCBRIDE BLVD IMPERIAL ST 18 minutes to LOUGHEED HWY DEWDNEY TRUNK RD BurnabySE MARINE DR TENTH AVE Subject Property BURNABY EIGHTH AVE 10 minutes to Airport MARINE WAY 240 ST 272 ST GROSVENOR RD BYRNE RD 5 minutes to Richmond KING GEORGE BLVD BRIDGEPORT RD 104 AVE 104 AVE 120 ST 156 ST RICHMOND GOLDEN EARS WAY ALDERBRIDGE WAY 96 AVE 96 AVE 96 AVE LAKE ST STAVE YALE RD YALE RD WESTMINSTER HWY SOUTH FRASER PERIMETER ROAD FRASER HIGHWAY 88 AVE 88 AVE 88 AVE TRANS-CANADA HIGHWAY88 AVE CEDAR ST CEDAR 200 ST BLUNDELL RD TRANS-CANADA HIGHWAY SCOTT ROAD SCOTT 128 ST 132 ST 140 ST NORDEL WAY 144 ST HARVIE RD NO 1 RD NO 2 RD NO 3 RD NO 4 RD NO 6 RD LOUGHEED HWY TRANS-CANADA HIGHWAY 152 ST 208 ST 184 ST RIVER RD KING GEORGE BLVD LICKMAN RD LICKMAN RD EVANS VEDDER RD PREST RD Partnership. Performance. STEVESTON HWY 72 AVE 72 AVE 264 ST 168 ST Avison Young #2900-1055 W. Georgia Street 64 AVE 64 AVE 64 AVE Box 11109 Royal Centre 104 ST LANGLEY BYPASS 216 ST 232 ST Vancouver, BC V6E 3P3, Canada 58 AVE 56 AVE 56 AVE 56 AVE KEITH WILSON RD BELL RD 152 ST avisonyoung.com 248 ST TRANS-CANADA HIGHWAY GLADWIN RD For more information on this offering, please contact: RD LEHMAN MT FRASER HIGHWAY LADNER TRUNK RD 200 ST © 2017 Avison Young. All rights reserved. VEDDER MTN RD Bal Atwal*, Principal 208 ST 184 ST 168 ST 192 ST BOUNDARY RD BOUNDARY E. & O.E.: The information contained herein was obtained RD OLD CLAYBURN 604.647.5090 ARTHUR DR from sources which we deem reliable and, while thought [email protected] to be correct, is not guaranteed by Avison Young * Bal Atwal Personal Real Estate Corporation Commercial Real Estate (B.C.) Inc.; DBA, Avison Young. DOWNES RD 36 AVE 224 ST 240 ST 248 ST DELTAPORT WAY 140 ST 32 AVE MACLURE RD 144 ST FRASER HIGHWAY 216 ST BRADNER RD SOUTH FRASER WAY 200 ST 168 ST CAMPBELL RD 24 AVE 24 AVE 232 ST 24 AVE 24 AVE 208 ST 128 ST 152 ST TRANS-CANADA HIGHWAY 56 ST 16 AVE 16 AVE 16 AVE 16 AVE WELLS LINE RD 184 ST 248 ST 224 ST 240 ST 8 AVE 8 AVE HUNTINGDON RD HUNTINGDON RD 4 AVE.
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