15654-15674 North Bluff Rd & 1570-1580 Maple St - Apartments FOR SALE


White Rock, BC V4B 4N5
$14,000,000 CAD
604-612-7511
15654-15674 North Bluff Rd & 1570-1580 Maple St, White Rock, BC for Sale
$14,000,000 CAD
Apartments - FOR SALE
1/1
null | Request Cap Rate

15654-15674 North Bluff Rd & 1570-1580 Maple St
White Rock, BC V4B 4N5


OVERVIEW

Thrilled to present an exceptional opportunity to acquire this amazing development site branded as Beachway, comprising six lots totaling 46,191.81 square feet. Ideally located in the Peach Arch Hospital medical precinct area, which is the main economic driver. The Project has 3rd reading approval for a 50-unit project and the site civil works serving agreement is in the works. Therefore 4th reading and final adoption of rezoning and development permit are withing grasp. With 3rd reading in place, there is no impediment to filing disclosure statement and commencing the pre-sales process. The project is ideally suited to a developers/ builder who need inventory for 2025/26 and want to build to 2018 building code. https://www.dropbox.com/scl/fi/1o3dwg2kmdp94swfjkjc9/Beachway-Development-Spreads.pdf?rlkey=5hreib178ksxs7tqjzetogmyu&e=1&st=j02h5tph&dl=0

FOR SALE DETAILS

PRICE

$14,000,000 CAD

PRICE/SF

$303 CAD /SF

# OF UNITS

50

PRICE/UNIT

$280,000

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,192 SF

ZONING

-

APN/PARCEL ID

009-452-265

ASK ABOUT THIS PROPERTY

Jeremy KalenuikEngel & Völkers Ocean ParkMore Info
604-612-7511

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Jeremy KalenuikEngel & Völkers Ocean ParkMore Info
604-612-7511

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.