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New Multi-Family Development Planned for East Vancouver
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(Posted on Sep 13, 2016 at 12:05AM by Michelle Bogle)
Strand Development has submitted an application to rezone a 44,372 sq. ft. triangular site at the corner of 3681 Victoria Drive and 1915 Stainsbury Avenue in East Vancouver for a new rental apartment project.Â
The site is currently comprised of two former light industrial lots that are zoned MC-1. Strand Development wishes to rezone the sites to CD-1 under the Rental 100: Secured Market Rental Housing Policy.
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The proposal consists of a six-storey residential building which is situated over two levels of underground parking and includes:
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•   Floor area of 108,912 sq. ft.
•   Density of 2.46 FSR
•   Building height of 61 ft.
•   155 market rental apartment units, including six live-work units
•   43 studios, 44 one-bedrooms, 41 two-bedrooms and 21 three-bedrooms
•   101 residential parking spaces and one Class B loading space
•   194 Class A and six Class B bicycle parking spaces
 •   Density of 2.46 FSR
•   Building height of 61 ft.
•   155 market rental apartment units, including six live-work units
•   43 studios, 44 one-bedrooms, 41 two-bedrooms and 21 three-bedrooms
•   101 residential parking spaces and one Class B loading space
•   194 Class A and six Class B bicycle parking spaces
The application also involves the reconfiguration of lots by relocating a lane, as well as consolidating two lots previously separated by a lane.
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To view the development plans in their entirety, please click here.
For more information regarding multi-family investment opportunities within the Lower Mainland, please contact our Multi-Family Specialist, Charlie Hughes, in our Vancouver office at 604-675-5259. You can also view our list of featured properties by clicking here.
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