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The Edgewater Brochure FOR SALE SUNSET T BEACH THURLOW S BEA PA CIFIC S CH AvE T BURRARD BRIDGE WEST END DEVELOPMENT OPPORTUNITY WITH HOLDING INCOME – STEPS TO SUNSET BEACH Mark Goodman Cynthia Jagger Greater Vancouver’s authority on selling THE EDGEWATER Personal Real Estate Corporation Personal Real Estate Corporation apartment buildings and development sites Direct 604 714 4790 Direct 604 912 9018 www.goodmanreport.com 1065 PACIFIC STREET, VANCOUVER [email protected] [email protected] 11X17 Public VanMap THE EDGEWATER Price HARWOOD S Site Plan $18,950,000 T 131’ Address JUNG LN 1065 Pacific Street, Vancouver 99’ T PID THURLOW S 010-526-595, 010-526-617, 010-526-650 BEA PA CIFIC S T Lot size CH AvE 99’ × 131’ (12,969 SF) T Zoning RM-5A BURRARD S Neighbourhood West End OPPORTUNITY OCP The Edgewater represents a rare opportunity to purchase a ~13,000 SF Burrard Corridor Area “G” development site just west of the Burrard Street Bridge in Vancouver’s coveted Sunset Beach seaside community. Situated in the Burrard Corridor “Area-G” of 170 metres Redevelopment Potential* the West End plan, redevelopment of the land allows for potential high-density to Sunset Beach Park OCP land-use policy supports a high-density development up to 300 feet in height, limited to development up to 300 feet, affording unmatched, unobstructed views of both not exceeding view corridors. False Creek & English Bay. The site currently features a 30-suite 3-storey apartment building offering consistent holding income. Taxes (2020) 12,969 SF $68,600 LOCATION lot size Improvements 1065 Pacific Street is the quintessential Vancouver address. Located two blocks Low-rise rental apartment building featuring north of Sunset Beach, the subject property is a few minutes’ walk to the Stanley 30 units and 18 parking stalls (8 secured and 10 Height up to surface). Built in 1963. Park Seawall and English Bay, along with a wide variety of shops, hotels, nightlife 1080 Pacic St and award-winning restaurants. Situated near the foot of Burrard Street bridge, the 300 feet for high-density development location provides quick and convenient access in and out of the downtown core. Inukshuk Monument at English Bay A-maze-ing Laughter in Morton Park English Bay, Vancouver * Depends on assembly of neighbouring site and subject to City plans and policies. Buyer to confirm. This communication is not intended to cause or induce breach of an existing listing agreement. The information contained herein has been obtained from sources deemed reliable. Image capture: Aug 2019 © 2020 Google Vancouver, British Columbia While we have no reason to doubt its accuracy, we do not guarantee it. It is your responsibility to confirm its accuracy and completeness independently. Google Street View 7.3 CORRIDORS 7.3 CORRIDORS The Corridors are generally the newer areas of the LEGEND community where the majority of new housing Burrard Corridor Burrard Corridor: 7.3 CORRIDORSand job space has been built over the past 1065 PACIFIC STREET, VANCOUVER Area Boundary The Corridors are generally the newer areas of the LEGEND Areas 'E', 'F', and 'G' 40 years. They are well served by transit, services • Building heights should not exceed view corridor limits (except in Streets LEGEND community where the majorityand of newamenities. housing The Corridors provide additional Chilco St Gilford St Denman accordanceSt Bidwell St Cardero St Nicolawith StBroughton the GeneralJervis St St Bute PolicySt Thurlow for StHigherBurrardArea StBuildings). Boundary However,Park where and job space has been built overopportunities the past to accommodate job space and W Georgia St The Corridors are generally40 theyears newer. They areas are well of the served by transit, services SCENARIOS LEGENDAlberni Retail BURRARD CORRIDOR housing that meet the needs of the community. not restrictedGeorgia Corridor by view corridors, building heightsAlberniStreets Stcan be consideredBeach up to Area Boundary community where the majorityand amenities. of new housing The Corridors provide additional District Chilco St Gilford St DenmanThere St Bidwell are St severalCardero StNicola options StBroughton forJervis St abuyers maximu St Bute to St consider:m of:Thurlow St Burrard St Area Boundary Park Building heightsCorridors should not exceed view and job space has been builtopportunities over the past to accommodate Overall job space Directions and W Georgia St Streets 40 years. They are well served by transit, services LowerAlberni Robson Retail Robson St corridor limits (except in accordance with housing that meet the needs of• Strategicallythe community. locate opportunities for new Georgia Corridor AlberniChilcoStreets St St Gilford St DenmanBeach St Bidwell St Cardero StNicola St Jervis St Bute St Thurlow St Burrard St and amenities. The Corridors provide additional • Develop under existing zoning:- Area RM-5A ‘E’: 167.6District allows metres for up (550to 2.42 feet) FSR for lots wider than Park growth throughChilco St Gilfordincreased St Denman heights St Bidwell and St densitiesCardero StNicola StBroughtonJervis St St Bute St Thurlow St Burrard St Park Corridors the General Policy for Higher Buildings). W Georgia St opportunities to accommodateOverall job Directionsspace and 66.27’. Given the site has 99’ ofW Georgiafrontage, St the subject qualifies for the additionalHaro St along the Georgia and Burrard Corridors and Lower RobsonAlberni Retail- Area ‘F’: 114.3 metresRobson (375 St feet) However, where not restricted by Beach housing that meet the needs• Strategically of the community. locate opportunities for new Georgia Corridordensity over the 2.20 FSR (2.0Alberni FSR + St 10% density purchase).Beach Alberni St in Lower Robson to help deepen housing District view corridors, building heights can be growth through increased heights and densities Barclay St Overall Directions affordability and to contribute public benefits. • Rezone under West End Plan:- Area The ‘G’: site 91.4 exists metres in Area-GHaro (300 of StCorridors the feet) Burrard Corridor along the Georgia and Burrard Corridors and Lower Robson Robson St considered up to a maximum of: • Strategically locate opportunities for new • In Lower Davie, increase densities to help which supports heights up to 300 ft in condo/social housing building form, subjectNelson St “ Robson St in Lower Robson to help deepen housing Building heights are subject to other Council-approved policies,• Area ‘E’:guidelines, 167.6 metres (550 feet) growth through increased heights and densities deepen housing affordability, while maintaining to other design guidelines. This area is currently underBarclay review St to allow for further affordability and to contribute public benefits. Haro St • Area ‘F’: 114.3 metres (375 feet) along the Georgia and Burrard Corridors and existing height limits. flexibility in terms of buildingby-laws type and and urban density design (option considerations, for 100% Secured andRentalComox a minimum St site frontage of in Lower Robson to help• Indeepen Lower housing Davie, increase densities to help Nelson St • Area ‘G’: 91.4 metres (300 feet) Haro St • Strengthen Alberni Street (between Burrard and and Below-Market Housing).39.6 BarclayShouldmetres St this (130 be feet).approved, Development proposals can proposals increase floor with frontages of less than deepen housing affordability, while maintaining Corridor Burrard affordability and to contribute public benefits. Bute Streets) as an emerging retail district. area to a “maximum of 20% additional floor area beyond what is enabled byPendrell the St existing height limits. 39.6 metres (130 feet) canComox be St considered at the discretion of the Director of • In Lower Davie, increase densities to help West End Community Plan andNelson by theSt West End – Tower Form, Siting and Setbacks Building heights are subject to other Barclay St • Strengthen Alberni Street (between Burrard and Planning, where these proposals include contributions to the Public Benefits deepen housing affordability, while maintaining Administrative Bulletin”. Lower Davie Corridor Burrard DAVIE VILLAGE Davie St Council-approved policies, guidelines, by- Bute Streets) as an emerging retail district. Pendrell St existing height limits. Strategy,Comox including St secured market rental or social housing. • Assemble and rezone with adjacent lots: Assemble adjacent properties in order laws and urban design considerations, and E • Strengthen Alberni Street (between Burrard and Burnaby St Nelson St to increaseLower Davie site width and• Corridor Burrard Maximu overallDAVIE layoutm VILLAGE densities of future will developmentDavie recognize St under urban the designWest considerationsa minimum on site a frontage site by of 39.6 metres Bute Streets) as an emerging retail district. Pendrell St End Plan. site basis. Harwood St (130 feet). Development proposals with Burnaby St frontages of less than 39.6 metres (130 Comox St Lower Davie • Existing DAVIEuse: VILLAGEContinue to operateDavie aSt 30-suite revenue generating rental apartment • To maximize views and sunlight on sidewalks,Pacific residential St feet) floor can beplates considered above at the discretion 7.3 CORRIDORSbuildingEnglish with redevelopmentBay potential. Harwood St the Burnabypodium St level(s) should not exceed: of the Director of Planning, where these Pendrell St LEGEND Pacific St proposals include contributions to the The Corridors are generally the newerW areasE stof the E ND COMMUNI- TAreasY PLAN ‘E’ and ‘F’: 696.8 square metres (7,500Beach square Ave feet)LEGEND English Bay Harwood
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