Colliers is pleased to present an exceptional opportunity to acquire a multi-family development site at 1289 Nicola Street in Vancouver. With its ideal location and proximity to key amenities and rapid transit, 1289 Nicola Street represents a unique opportunity to develop in one of Metro Vancouver’s most dynamic, connected, and bustling neighbourhoods. Boutique Development Opportunity – A rare chance to develop an exclusive collection of townhomes in a sought-after residential neighbourhood. Favorable In-Place Zoning – Existing zoning supports multi-family development, streamlining the approval process and reducing entitlement risk. Exceptional West End Location – Nestled in one of Vancouver’s most desirable neighborhoods, just steps from English Bay, Stanley Park, and vibrant Denman & Davie Streets.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
Living Area:
7,391 sq. ft.687 m2
Lot Area:
7,391 acre(s)2,991 hectare(s)
Zoning:
RM-5A-MULTIPLE DWELL
Electricity:
No
Parcel Number:
031425909
Taxes:
$20,394.3 /
2024
No
Water Rights:
No
Original Price:
$4,988,000
View of urban area featuring a water and mountain view