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2016 Jan-June Vancouver Purpose-Built Rental New Construction

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(Posted on Jul 2, 2016 at 10:11PM )


Steady Approvals for Vancouver Multifamily Construction in Early 2016
5 New Rental Projects Approved In Early 2016 Which Impact Your Multifamily Properties

1.      6505, 6507, 6541 Main St, Vancouver, Sunset, 75 New Rental Units

2.      1037 W King Edward Ave, Vancouver, Shaughnessy, 36 New Rental Units

3.      408-488 W King Edward Ave, Vancouver, Riley Park, 56 New Rental Units

4.      3365 Commercial Dr & 1695-1775 E 18th Ave, Vancouver, Kensington Cedar Cottage, 110 New Rental Units

5.      1755 W 14th Ave, Vancouver, Fairview, 368 New Rental Units

These new construction starts will bring 645 units into Vancouver's multifamily market, an increase in supply of 1.2% on the approximate 56,000 purpose-built rental units in the city. 2016's approvals through June 2016 are on pace to bring 2x the supply of market rental units in Vancouver compared to 2015.

The above listed 5 projects that received approvals through June 2016 are found distributed on the neighborhood map of Vancouver below:


Charlie Hughes
Multi-Family Investment Broker
Marcus & Millichap

Please send us an email if you are interested in:
-receiving Vancouver multifamily research reports

-selling a multi-family property
-buying multi-family property

Email: charlie.hughes@marcusmillichap.com -OR-
Call: Charlie Hughes directly at 604-675-5259

2015 Vancouver Purpose-Built Rental New Construction

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(Posted on Jul 2, 2016 at 09:55PM )


Vancouver Purpose Built Multifamily Construction Approvals Remain Strong
11 New Rental Construction Projects Approved In 2015 Which Impact Your Multifamily Properties

1.      5030-5080 Quebec St, Vancouver, Riley Park, 38 New Rental Units

2.      445 SW Marine Dr, Vancouver, Marpole, 70 New Rental Units

3.      5037-5087 Main St, Vancouver, Riley Park, 8 New Rental Units

4.      1754-1772 Pendrell St, Vancouver, West End, 171 New Rental Units

5.      1335 Howe St, Vancouver, West End, 109 New Rental Units

6.      508 Helmcken St, Vancouver, Downtown, 110 New Rental Units

7.      450 Gore Ave, Vancouver, Strathcona, 65 New Rental Units

8.      2312-2328 Galt St, Vancouver, Kensington Cedar Cottage, 28 New Rental Units

9.      3063-3091 W Broadway, Vancouver, Kitsilano, 70 New Rental Units

10.    3819 Boundary Rd, Vancouver, Renfrew Collingwood, 23 New Rental Units

11.     698 E 64th Ave, Vancouver, Sunset, 37 New Market Units


These new construction starts will bring 729 units into Vancouver's multifamily market, an increase in supply of 1.3% on the approximate 56,000 purpose-built rental units in the city.

The above listed 11 projects are found distributed on the neighborhood map of Vancouver below:


Charlie Hughes
Multi-Family Investment Broker
Marcus & Millichap

Please send us an email if you are interested in:
-receiving Vancouver multifamily research reports

-selling a multi-family property
-buying multi-family property

Email: charlie.hughes@marcusmillichap.com -OR-
Call: Charlie Hughes directly at 604-675-5259

2014 Vancouver Purpose-Built Rental New Construction

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(Posted on Jul 2, 2016 at 09:28PM )


2014 Vancouver Purpose Built Multifamily Construction Approvals Increase
14 New Rental Construction Projects Approved In 2014 Which Impact Your Multifamily Properties

1. 7350 Fraser Street, Vancouver; Sunset Neighborhood; 95 New Rental Units

2. 275 Kingsway, Vancouver; Mt. Pleasant; 195 New Rental Units

3. 2975 Oak Street, Vancouver; Fairview; 50 New Rental Units

4. 3819 Boundary Road, Vancouver; Renfrew-Collingwood; 23 New Rental Units

5. 5648-5670 Victoria Drive, Vancouver; Kensington Cedar Cottage; 48 New Rental Units

6. 1600-1620 West 6th Avenue, Vancouver; Fairview; 99 New Rental Units

7. 1155 Thurlow St, Vancouver; West End; 168 New Rental Units

8. 706 W 13th Ave & 725 W 14th Ave, Vancouver, Fairview, 230 New Rental Units

9. 3501-3523 E Hastings St, Vancouver, Hastings-Sunrise, 87 New Rental Units

10. 506 W 60th Ave, Vancouver, Marpole, 129 New Rental Units

11. 458-476 W 41st Ave, Vancouver, Oakridge, 50 New Rental Units

12. 508 W 28th Ave, Vancouver, South Cambie, 65 New Rental Units

13. 1412-1424 E 41st Ave, Vancouver, Victoria Fraserview, 35 New Rental Units

14. 963 E 19th Ave, Vancouver, Kensington Cedar Cottage, 39 New Rental Units

These new construction starts will bring 1,313 units into Vancouver's multifamily market, an increase in supply of 2.3% on the approximate 56,000 purpose-built rental units in the city.

The above listed 14 projects are found distributed on the neighborhood map of Vancouver below:



Charlie Hughes
Multi-Family Investment Broker
Marcus & Millichap

Please send us an email if you are interested in:
-receiving Vancouver multifamily research reports

-selling a multi-family property
-buying multi-family property

Email: charlie.hughes@marcusmillichap.com -OR-
Call: Charlie Hughes directly at 604-675-5259

2013 Vancouver Purpose-Built Rental New Construction

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(Posted on Jul 2, 2016 at 09:24PM )


2013 Sees Jump in New Purpose Built Rental Construction Approvals
11 City Approved Construction Projects To Increase City's Rental Supply vs. 2012's 3 Approvals


1.      4320 Slocan Street, Vancouver, Renfrew Collingwood, 41 New Rental Units

2.      1396 Richards St, Vancouver, West End, 129 New Rental Units

3.      3120-3184 Knight St, Vancouver, Kensington Cedar Cottage, 51 New Rental Units

4.      1568 W King Edward, Vancouver, Shaughnessy, 77 New Rental Units

5.      1412-1460 Howe St, Vancouver, West End, 95 New Rental Units

6.      33-41 E Hastings St, Vancouver, Downtown, 67 New Rental Units

7.      4533-4591 Cambie St, Vancouver, South Cambie, 35 New Rental Units

8.      1290 Burrard & 1281 Hornby St, Vancouver, West End, 81 New Rental Units

9.      3002-3036 W Broadway, Vancouver, Kitsilano, 83 New Rental Units

10.  1600 Beach Ave, Vancouver, West End, 133 New Rental Units

11.  3068 Kingsway, Vancouver, Renfrew Collingwood, 30 New Rental Units


These 11 new construction projects will bring 822 new units into Vancouver's multifamily market, a minimal increase in supply of 1.5% on the the approximate 56,000 purpose-built rental units in the city.

The above listed projects are found distributed on the neighborhood map of Vancouver below:


Charlie Hughes
Multi-Family Investment Broker
Marcus & Millichap

Please send us an email if you are interested in:
-receiveing Vancouver multifamily research reports
-selling a multifamily property
-buying a multifamily property

Email: charlie.hughes@marcusmillichap.com -OR-
Call Charlie Hughes directly at 604-675-5219

2012 Vancouver Purpose-Built Rental New Construction

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(Posted on Jul 2, 2016 at 09:12PM )


2012 Sees Uptick in New Purpose Built Rental Construction Approvals
3 City Approved Construction Projects Minimally Increase City's Rental Supply

1.      800 Griffiths Way, Vancouver, Downtown, 614 New Rental Units

2.      1349 Granville St (1388 Continental St), Vancouver, Downtown, 89 New Rental Units

3.      228-246 E Broadway, Vancouver, Mt. Pleasant, 15 New Rental Units


These new construction projects will bring 718 new units into Vancouver's multifamily market, a minimal increase in supply of 1.3% on the the approximate 56,000 purpose-built rental units in the city.

The above listed projects are found distributed on the neighborhood map of Vancouver below:


Charlie Hughes
Multi-Family Investment Broker
Marcus & Millichap

Please send us an email if you are interested in:
-receiveing Vancouver multifamily research reports
-selling a multifamily property
-buying a multifamily property

Email: charlie.hughes@marcusmillichap.com -OR-
Call Charlie Hughes directly at 604-675-5219


2011 Vancouver Purpose-Built Rental New Construction

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(Posted on Jul 2, 2016 at 08:58PM )


2011 Sees Minimal Approvals of Purpose Built Rental Construction
2011 Approved New Rental Developments Still Lagging Demand

1. 4255 Arbutus St, Vancouver; Arbutus Ridge Neighborhood; 45 New Rental Units

This new construction start will bring 45 units into Vancouver's multifamily market, virtually unaffecting supply with an increase of 0.08% on the approximate 56,000 purpose-built rental units in the city.

The above listed projects are found distributed on the neighborhood map of Vancouver below:


Charlie Hughes
Multi-Family Investment Broker
Marcus & Millichap

Please send us an email if you are interested in:
-receiving Vancouver multifamily research reports

-selling a multi-family property
-buying multi-family property

Email: charlie.hughes@marcusmillichap.com -OR-
Call: Charlie Hughes directly at 604-675-5259
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