1111 West Georgia Street Suite #600, BC V6E 4M3 T 604-662-3000 F 604-684-9368 www.cbre.ca July 8, 2015 Re: 5659 Dunbar Street for Sale West Side Residential Development Opportunity CBRE Limited is pleased to present 5659 Dunbar Street for sale, a rare corner residential and retail development site on the West Side of. This exciting opportunity is: Located in the affluent Dunbar-Southlands neighbourhood on Dunbar Street and West 41 st Avenue; Within walking distance to Marketplace IGA, and directly across the street from the Dunbar Bus Loop; A high profile 16,392 SF corner site with combined frontage of 257 feet and significant future upside potential; Within close proximity to the University of British Columbia; Zoned C-2; Available clear title and with vacant possession. The Dunbar corridor is undergoing significant change with multiple developments planned and underway. This strategically located site on the corner of Dunbar and West 41 st Avenue will allow a developer to capitalize on the unwavering demand for housing on the west side of, from both local users and foreign investors. If you have interest in this Offering and would like to receive more detailed information, please contact the undersigned. Sincerely, CBRE Limited Capital Markets Tony Quattrin Personal Real Jim Szabo Personal Real
F O R S A L E R A R E R E S I D E N T I A L D E V E L O P M E N T S I T E I N V A N C O U V E R S P R E S T I G I O U S W E S T S I D E 5 6 5 9 D u n b a r S t r e e t, Va n c o u v e r, B. C. Corner mixed-use development opportunity in s coveted West Side. Premium exposure at the corner of Dunbar Street and West 41 st Avenue. Highly sought-after prestigious and affluent residential neighbourhood. Close proximity to the University of British Columbia, and s top-ranked secondary schools. Available clear title with vacant possession. FOR MORE INFORMATION, PLEASE CONTACT: Tony Quattrin Personal Real Jim Szabo Personal Real CBRE Limited 1021 West Hastings Street, Suite 2500, BC V6E 0C3
5 6 5 9 D u n b a r S t r e e t, V a n c o u v e r B. C. 5 6 5 7 D u n b a r S t r e e t, V a n c o u v e r B. C. PROMINENT CORNER MULTI-FAMILY DEVELOPMENT OPPORTUNITY PROPERTY OVERVIEW Prominent rectangular corner parcel totaling 0.38 acres (16,392 SF). A generous 257 Feet of combined frontage provides key exposure along West 41 st Avenue and Dunbar Street, two major commercial thoroughfares in the Dunbar neighbourhood. Walking distance to multiple amenities, including IGA Marketplace one of BC s largest and most popular supermarket chains. Excellent public transit access is provided by the Dunbar Bus Loop located directly across West 41 st Avenue. Multiple bus routes make Downtown, Burnaby, Richmond, and the International Airport easily accessible. In the immediate vicinity of prominent public and private schools, including St. George s School, Prince of Wales Secondary, Point Grey Secondary, Crofton House, York House, Little Flower Academy, and College. Close proximity to the University of British Columbia, one of Canada s topranked universities. EXCITING RESIDENTIAL & RETAIL DEVELOPMENT OPPORTUNITY Rare and unique opportunity to acquire a prominent West Side corner site and create a new mixed-use focal point for the Dunbar community. Currently zoned C-2. High profile corner with significant future potential upside.
5 6 5 9 D u n b a r S t r e e t, V a n c o u v e r B. C. 5 6 5 7 D u n b a r S t r e e t, V a n c o u v e r B. C. VANCOUVER S COVETED WEST SIDE DUNBAR NEIGHBOURHOOD LOCATION OVERVIEW The Dunbar neighbourhood is part of s prestigious and affluent West Side which is home to some of the most expensive residential real estate in the Metro region. Dunbar is currently home to more than 12,350 residents with an average household income of $146,106* - a 75% premium over Metro s average of $83,666**. Within a 3km radius of the Subject Site, average household incomes are even higher at $172,290. *Source: Dunbar Village Neighbourhood Profile Economic Commission **Source: Census Data, Statistics Canada P R O P E R T Y S U M M A R Y Address: 5659 Dunbar Street,, B.C. Legal Description: Plan VAP6194 Lot 3 Block 4 District Lot 320 LD 36 of Lot 41 Parcel Identifiers: 010-975-110 010-975-136 010-975-144 Zoning: C-2 Site Size: 16,392 SF Dunbar continues to be one of s most in-demand residential areas. Increased buyer demand has fuelled a rapid increase in West Side home prices. Home prices have risen 66% in the last five years. Detached homes on s West Side are at a record high HPI (home price index) benchmark of $2,490,600*, significantly higher than Metro s HPI of $1,078,900*. Product Type s West Side Housing Snapshot MLS HPI Benchmark Price Apartment/Condo $524,000* Townhouse $783,400* House/Single Family $2,490,600* Frontage: 257 Feet (Combined) Tenancy: Vacant Possession Financing: Available Clear Title Price: Bid Process contact Agent for details *Source: MLS HPI Benchmark Price April 2015
FOR SALE 5 6 5 9 D u n b a r S t r e e t V a n c o u v e r B. C. Tony Quattrin Personal Real Team- Jim Szabo Personal Real Team- Team- This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors ( CBRE ). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the Information ) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information 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: Canadian Mapping Services canadamapping@cbre.com; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth. CBRE Limited 1021 West Hastings Street, Suite 2500, BC V6E 0C3