GRANVILLE at 71ST 1510 W 71ST AVENUE Vancouver, BC Partnership

north shore

downtown Subject Property W Broadway

W 41st Avenue vancouver

Marine Drive Golf Club

Granville Street

PROPOSED MASSING GRANVILLE & 71ST INTERSECTION ambie Street Fraser River C Park Marine Drive ubc Oak Street o T W 70th SkyTrain Station SW Marine Drive Avenue W 71st Avenue

SW Marine Drive To Burnaby

Oak St Bridge T o R

ichmond/

To YVR Airport/ Arthur Laing Bridge McArthurGlen To Richmond Fraser River Designer Outlet U.S. b

order richmond Bridgeport SkyTrain Station GRANVILLE at 71ST 1510 W 71ST AVENUE Vancouver, BC Partnership. Performance. For Sale ~1/4-acre of land zoned for medium-density, mixed-use residential development on the west side of Vancouver along the Granville corridor

Bal Atwal*, Principal Evelyn Tian, Client Services Coordinator 604.647.5090 604.647.5071 [email protected] [email protected] * Bal Atwal Personal Real Estate Corporation 欢迎致电询问详细信息 ST 1510 w 71ST aVENUE GRANVILLE AT 71 Vancouver, BC

Opportunity Property Summary Avison Young is pleased to present a unique opportunity to acquire 1510 W 71st Avenue (the “Property”), located on the southwest corner of Granville Municipal Address st 1510 W 71st Avenue, Vancouver, BC Street and W 71 Avenue, in the Marpole neighbourhood of Vancouver’s West Side. The Property benefits from exceptional exposure along the Parcel Identifier Granville corridor, as well as convenient access to virtually all areas of Metro 025-626-680 Vancouver. Site Area ~10,434 sf Key Highlights Frontages ✓✓ Prime medium-density redevelopment opportunity along a major 99 ft. along Granville Street corridor on the west side of Vancouver 106 ft. along W 71st Avenue ✓✓ Great potential to utilize the current C-2 zoning for a four-storey mixed- Current Improvements use development up to 2.5 FSR, offering the ability to avoid the rezoning ~2,500-sf single-storey building (vacant) process in the City of Vancouver Current Zoning ✓✓ The Marpole Community Plan also supports the site to be rezoned for the C-2 Commercial (2.50 FSR) development of a mixed-use building up to 6 storeys Marpole Community Plan ✓✓ Existing improvements include a ~2,500-sf single-storey building, which Mixed-use (up to 6 storeys, 2.50 FSR) can be leased to generate holding income or utilized as a presentation centre for a new development Gross Buildable Area ~26,085 buildable sf ✓✓ Steps away from a vast array of amenities including a new Safeway store, restaurants, banks, parks, community centres and top-ranked schools Environmental Phase I & II available ✓✓ Proximity to Canada Line Marine Drive SkyTrain Station, and easy access to Downtown Vancouver, University of British Columbia, City of Financing Richmond, Vancouver International Airport, and Oakridge Centre Treat as clear title ✓✓ Strong demand for multi-family products on the West Side, with Price limited sites available for immediate redevelopment Please contact agent ✓✓ Average sale price of $1,333 psf achieved by Shannon Wall Centre project located at Granville Street and W 57th Avenue

SW MARINE DRIVE

w 70

w 68

Subject Property th Granville at 71st a th v a

e v

nu 99’ e nu

106’ 106’ e 99’ GRANVI

LLE STREET (numerous restaurants, shops & amenities)

w 71 w

nu e ST 1510 w 71ST aVENUE GRANVILLE AT 71 Vancouver, BC

Prominent Location The Property benefits from its highly exposed corner location at Granville Street and W 71st Avenue in the vibrant Marpole neighbourhood – a riverfront neighbourhood situated in the southern portion of Vancouver’s West Side along the banks of the Fraser River. 83 Walk Score – “Very Walkable” 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 the west and 94 Burnaby/Fraser Valley to the east. As “high street” for the Marpole neighbourhood, Granville Bike Score – “Biker’s Paradise” Street offers residents all the vibrant amenities of urban living on their doorstep with strong walking and cycling connections to public transit.

Development Potential The site is currently zoned C-2, which allows for mixed-use development up to 2.50 FSR and a maximum height of 45 feet. The designated land use within the Marpole Community Plan is mixed-use up to 6 storeys with a 2.5 FSR. At grade, a mix of commercial uses including retail and service is required with residential uses above. The plan also encourages the provision of office use on the second floor. Potential architectural massing - six storeys

PROPOSED MASSING 71ST AND LANE INTERSECTION

ArtistArtist illustration illustration of future of Granville future Street Granville looking Street south toward looking Fraser south River toward Fraser River (Source: Marpole Community Plan)

30 6.0 PLACES MARPOLE COMMUNITY PLAN MARINE DR

MARINEST DR 1510 w 71ST aVENUE GRANVILLE AT 71 3 ST W MT SEYMOUR PKWY VancKEITH RDo E uver, BC 3 ST E DOLLARTON HWY

W GEORGIA ST RD MERIDIAN COAST BARNET HWY

E HASTINGS ST WILLINGDON AVE downtown HASTINGS ST CLARK DR CLARK ST JOHNS ST PINETREE WY

MCNEIL RD NEAVESRD W 4 AVE LOUGHEED HWY W BROADWAY CLARKE RD KINGSWAY E BROADWAY COMO LAKE AVE NANAIMO ST W 16 AVE 15 minutes to ST RUPERT GAGLARDI WAY KINGSWAY AVE Downtown Vancouver

SW MARINE DR W KING EDWARD AVE LOUGHEED HWY AUSTIN AVE BOUNDARY RD GRANVILLE ST GRANVILLE KNIGHT ST S 10 minutes AS Vancouver P to UBC Y CANADA WAY B E COLUMBIA ST 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 Burnaby SE MARINE DR TENTH AVE Subject Property Burnaby EIGHTH AVE

MARINE WAY 240 ST 272 ST 10 minutes to Airport GROSVENOR RD

BYRNE RD 5 minutes to RichmondBRIDGEPORT RD 104 AVE KING GEORGE BLVD 104 AVE 120 ST 156 ST Richmond GOLDEN EARS WAY

ALDERBRIDGE WAY 96 AVE 96 AVE 96 AVE STAVE ST LAKE YALE RD YALE RD WESTMINSTER HWY SOUTH FRASER PERIMETER ROAD FRASER HIGHWAY 88 AVE 88 AVE 88 AVE TRANS-CANADA HIGHWAY88 AVE CEDAR ST 200 ST BLUNDELL RD TRANS-CANADA HIGHWAY SCOTT ROAD 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 EVANS RD 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 GLADWIN For more information on this offering, please contact: MT LEHMAN RD FRASER HIGHWAY

Bal Atwal*, Principal Evelyn Tian, Client Services Coordinator 208 ST 184 ST 168 ST 192 ST BOUNDARY RD E. & O.E.: The information contained herein was obtained OLD CLAYBURN RD

604.647.5090 604.647.5071 DR ARTHUR from sources which we deem reliable and, while thought [email protected] [email protected] to be correct, is not guaranteed by Avison Young * Bal Atwal Personal Real Estate Corporation 欢迎致电询问详细信息 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 BRADNER 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