The Opportunity of a Lifetime Langara Estates One Presenting a truly unique, once in a lifetime opportunity to build an iconic master-planned community in one of Vancouver’s most desirable and prominent neighbourhoods. Langara Estates One sits on a sizable 5.63 acre site and offers prospective purchasers the opportunity to build a mix of new multi-family buildings of varying heights on the edge of Langara Golf Course. This ideal location will provide world-class unobstructed views and a quiet residential feel rarely found within large-scale residential developments, with excellent potential to capture new condo pricing commensurate with this prestigious West Side offering. Vancouver’s West Side is changing. With the adoption of the Cambie Corridor Plan in May 2018, the area is transforming with expanding transit options, greater amenities, and incredible large-scale developments; most notably, the new Oakridge Centre, currently the largest development project in Vancouver. Just a few blocks south of Langara Estates One are two other large-scale redevelopments: Cambie Gardens, a mixed-use development to include residential, retail, and a host of community programs and supportive health services; and Langara Gardens, a new master-planned residential development consisting of high-rise towers, mid-rise apartments, and townhomes. Langara Estates One would be one of many new exciting redevelopments in a neighbourhood that’s revolutionizing urbanism. Residents currently living in the area are surrounded by a tremendous cross-section of amenities, beautiful parks, plentiful recreational opportunities, and convenient access to rapid transit with the Canada Line SkyTrain running underground along Cambie Street, providing residents with easy access to Downtown Vancouver, Vancouver International Airport (YVR), and connections to other areas of Metro Vancouver. As the corridor develops, a new Canada Line station is proposed for West 57th Avenue and Cambie Street. Langara Estates One is much more than another development parcel. It’s an opportunity to create an inspirational residential community, akin to other significant developments nearby. It’s a site unlike any other in a highly sought-after location, in a market that is greatly supporting new development. Be part of history and bring this exciting opportunity to life! Renderings are for visualization purposes only and are not intended to communicate development plans. THE OFFERING On behalf of the owners of the Strata Corporation VR478 (collectively the “Vendor”), CBRE Limited (CBRE) (the “Agent”) is pleased to offer for sale Langara Estates One (the “Property”). Covering a large 245,080 Sq. Ft. Site (approximately), existing improvements include 11 buildings comprised of 42 stratified units. The site is well located in the heart of Vancouver’s prominent West Side neighbourhood, immediately adjacent to Langara Golf Oakridge-41st Ave Course and within walking distance to the Canada Line SkyTrain. Oakridge Centre The site is well-positioned within a neighbourhood that is experiencing tremendous growth and development, making it the ideal location to build a prestigious master-planned community. THE OFFERING PROCESS Tisdale Park W 49TH AVENUE The Vendor is a strata corporation. Any offers to purchase all CAMBIE STREET 42 strata lots and common property comprising Strata Plan VR478 is subject to the provisions of the Strata Property Act. All prospective purchasers will be advised of an offer submission date Langara-49th Avenue after an initial marketing period. SUBMISSION GUIDELINES The Vendor has adopted an unpriced, modified bid process. Interested parties are invited to submit an offer in the form of a Letter of Intent (which will be provided upon request) that YMCA addresses the requirements below: 1. Purchase Price and confirmation of the deposits payable for the Property; 2. Name of the prospective Purchaser(s) and contact information; 3. Terms and conditions of closing; 4. Schedule of timing and events to complete Closing; and 5. Confirmation that the Property is being purchased on an “as-is” basis. Langara College Langara Golf Course BID PROCESS To be announced following the full marketing process. Centrally Located in Vancouver’s Highly Desirable West Side LANGARA ESTATESWorld-Class ONE Amenities Within Walking Distance VANCOUVER | BC T AVE S WEST 4 AVE 2 N I WEST R A D T M WEST K 6 AVE OLYMPIC VILLAGE R FIR ST A BLANCA ST L BURRARD ST C WEST 10 AVE ALMA ST BROADWAY W T EAST BROADWAY A ONCE IN A LIFETIME OPPORTUNITY EAST BROADWAY R D BROADWAY-CITY HALL WEST POINT GREY L A I C R E M WEST 16 AVE M WY 18 W G IEW H T V O O RAND KINGSWAY S S C LFE A O Located directly in front of Langara Golf Course, Langara T VE M S I A N ALD A Estates One provides a truly exceptional opportunity to N ON GRANVILLE ST D ST C A US RILEY PARK T build a master planned community with world-class views QU M U B E R KING EDWARD SN A KING EDWARD PACIFIC SPIRIT E AVE W and seclusion that only a golf course backyard could offer. L T KING EDWARD AVE E REGIONAL PARK DR T KINGSWAY S 12 R HILLCREST AQUATIC KENSINGTON - A B CENTRE EAST 29 AVE N MEMORIAL T ARBUTUS RIDGE QUILCHENA CEDAR COTTAGE Deemed as one of the city’s most desirable locations, the U S D WEST PARK E PARK I Z SOUTH T S N E 19 QUEEN R K Cambie Corridor in Vancouver’s West Side is a dream location CAMBIE E R S C D A A ELIZABETH PARK MAIN ST 11 VANDUSEN R A M F I BOTANICAL GARDEN R for any developer looking to make their mark and create a KENSINGTON O T SHAUGHNESSY C PARK I 13 14 V visionary master-planned community on an incredible site 27 Oakridge Centre CAMBIE ST WEST 41 AVE 100+ Shops, Services OAKRIDGE 41ST AVENUE with significant revenue potential from new condo sales. SOUTHWEST MARINE DR BLVD & Food Vendors T 20 5 OAKRIDGE EAST 41 AVE SHAUGHNESSY GOLF 24 T WEST CENTRE S & COUNTRY CLUB MEMORIAL T WEST SIDE SOUTH PARK H G 1 2 7 I N LANGARA GOLF COURSE LOOKING SOUTH POINT GREY GOLF OAKRIDGE K & COUNTRY CLUB Langara NANAIMO LANGARA-49TH AVENUE PARK WEST 49 AVE ST T College KERRISDALE OAK 16 EAST 49 AVE 15 25 GORDON GRANVILLE ST LANGARA PARK GOLF COURSE LIVE CONNECTED MCCLEERY SUNSET DRIVING RANGE 6 26 DR LE GY AR SOUTH VANCOUVER IONA BEACH 21 REGIONAL PARK OAK PARK CANADA LINE WINONA With the Canada Line just steps from the property, the entire T S PARK E L Y RIVERVIEW MARPOLE G Vancouver area is within reach of those living at Langara R PARK A FRASERVIEW Estates One. Residents can travel to Downtown Vancouver SOUTHEAST MARINE DR GOLF COURSE T 22 in approximately 10 minutes and YVR airport in under 12 WEST 70 AVE MARINE DRIVE 4 minutes without ever changing trains, or can travel via the FRASER RIVER PARK Marine Gateway 3 8 9 T S 20+ Shops & T OAK H Canada Line to Waterfront Station in Vancouver for access to G 10 17 23 Services I ST N even more transit options including: the Expo Line Skytrain, K VANCOUVER INTERNATIONAL AIRPORT Location Demographics the West Coast Express, and the Seabus, making it incredibly TEMPLETON ° T simple to quickly and efficiently travel across Metro Vancouver. YVR - AIRPORT T 0 0.4 0.8 1.2 1.6 HIGHWAY T GR ANT MCCONACHIE WAY BRIDGEPORT The property’s location on the edge of West 49th Avenue also Kilometers SEA ISL T AN D D BRIDGEPORT RD O D R O R W 99 AY N 5 SEA ISLAND CENTRE N provides direct access to the University of British Columbia in 117,833 $109,527 $123,824 6 just a 25 minute bus ride, or a short 15 minute drive. 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Information Household STEPS FROM THE CANADA LINE SKYTRAIN may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: Canada Location Intelligence [email protected];Elementary DMTI Spatial, Environics Schools Analytics, Microsoft Bing, Google Earth Middle & Secondary Schools Population (2018) Income (2018) Income (2023) Within 3 km of the property Grocery & Conveniences Entertainment & Recreation Restaurants & Cafes EVERYTHING AT YOUR FINGERTIPS Residents are attracted to vibrant neighbourhoods full of 1 Safeway 10 Cineplex Cinemas & VIP 19 Seasons in the Park amenities, parks, and recreation, and Vancouver’s distinguished 2 Kin’s Farm Market 11 VanDusen Botanical Garden 20 Modern City Chinese Restaurant Westside provides just that. Langara College and the YMCA 3 T&T Supermarket 12 Hillcrest Aquatic Centre 21 Senova are both a short walk from the property, along with Oakridge 4 Real Canadian Superstore 13 Queen Elizabeth Park Tennis Courts 22 Pink Elephant Thai Centre, one of Vancouver’s most upscale shopping destinations with over 100+ shops and services.