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Burrard Place 1281 Hornby St 61,000 SF 90% Leased 4-Star Office Building Vancouver, BC V6Z 1Z4 $886,000 CAD ($14.52 CAD/SF) 4% Cap Rate

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EXECUTIVE SUMMARY

Prime Investment Opportunity at One Burrard Place.
Address: 634 1281 Hornby Street Vancouver
Exceptional value at only $1,000/sq. ft. with an attractive 4% cap rate. This 884 sq. ft. office unit in the prestigious LEED Gold-certified One Burrard Place offers a rare combination of strong income and long-term capital appreciation potential.
Key Investment Highlights:
Income-Producing Asset: Currently tenant-occupied with stable rental income.
Efficient Layout: Highly functional floorplan with 9+ ft. ceilings and excellent natural light.
Prestigious Building: One Burrard Place is a landmark mixed-use development, ensuring long-term demand and value retention.
Premium Amenities: Tenants benefit from access to a fitness center, yoga studios, outdoor lounges, private dining facilities, and concierge services—enhancing leasing appeal and retention.
This is an outstanding opportunity for investors seeking secure returns in Vancouver’s prime downtown market.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
61,000 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2022
Price
$886,000 CAD
Price Per SF
$14.52 CAD
Cap Rate
4%
NOI
$35,440 CAD
Percent Leased
90%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
11,000 SF
Slab To Slab
11’
Building FAR
2.26
Lot Size
0.62 AC
Zoning
CD-1 - Commercial Development
Parking
9 Spaces (0.15 Spaces per 1,000 SF Leased)

AMENITIES

  • Controlled Access
  • Conferencing Facility
  • Fitness Center
  • Restaurant
  • Storage Space
  • Natural Light
  • Open-Plan
  • Shower Facilities
  • Outdoor Seating
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Every detail is designed to immerse you in an ambiance of brightness, cleanliness, and serene comfort, where you can feel safe and calm. Their priority is to provide a unique experience in all its aspects. their select artists are capable of bringing your ideas to reality, guided by seamless communication, expert advice and state of the art techniques.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer - $9.99 Lorem Ipsum Jan 0000

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • Ste 929 Drake Street
  • 453 SF
  • Retail
  • -
  • Now

Located within One Burrard Place, 929 Drake Street offers an exceptional retail opportunity in one of Vancouver’s most dynamic and sought-after areas. Positioned at the gateway to Downtown Vancouver at Drake and Hornby, this landmark development features luxury residential towers and an AAA mid-rise office building, bringing fresh energy to a thriving urban hub. Surrounded by high-density residential buildings, offices, and top-tier restaurants, cafés, and boutique shops, the neighbourhood is a vibrant mix of professionals, residents, and visitors. The evolving Beach District, False Creek Seawall, and public parks add to the area’s appeal, while Yaletown, Granville Island, the Central Business District, Robson Street, and CF Pacific Centre are all just minutes away. With high foot traffic, excellent visibility, and seamless access to major transit routes and downtown arteries, 929 Drake Street is an unparalleled opportunity for businesses looking to thrive in the heart of the city. • High profile small format retail opportunity located in Downtown Vancouver near the corner of Drake and Hornby Street • Large retail storefront with high signage visibility and abundant natural light • HVAC system in place, ready for distribution • One (1) parking stall available at market rates • Excellent transit access with many popular restaurants and amenities in the immediate vicinity

  • 1st Fl-Ste 300
  • 2,856 SF
  • Office
  • Shell Space
  • Now

Available for lease is 2856 Square Feet of office space in the newly constructed Burrard Place mixed-use development. This AAA office strata unit is in shell condition and is located at the north-west corner of the building, providing ample natural light and exposure to both Burrard Street and Drake Street.

  • 3rd Fl-Ste 310
  • 972 SF
  • Office
  • Partial Build-Out
  • Now

Brand new, never occupied 972 sq. ft. of office space in the prestigious Burrard Place tower. Tenants enjoy world-class amenities: private dining, fitness center, pool, sauna, rooftop lounge & more. An exceptional leasing opportunity in a prime location!

  • 3rd Fl-Ste 334
  • 1,037 SF
  • Office
  • Partial Build-Out
  • 30 Days

LEED Gold brand new office space located in the prestigious Burrard Place near the corner of Hornby Street and Davie Street in the heart of Downtown Vancouver. The building features include boardrooms, fitness facility, private spa and pool, outdoor dining and lounge areas. The unit has one parking stall plus access to common area stalls.

  • 3rd Fl-Ste 336
  • 738 SF
  • Office
  • -
  • 30 Days

Hornby St Facing Office Unit! Approx. 738 SqFt brand new AAA-Class office is available in One Burrard Place of Vancouver Downtown area. Located at Drake St, one building from Burrard St, easy access to Vancouver West side.11- foot ceiling heights and floor-to-ceiling glazing providing a bright work environment. LEED Gold building with luxurious amenities, spanning over 30,000 SqFt, including gym, a full - sized pool, hot tub steam room, sauna, private spa rooms, wine cellar and wine tasting bars, indoor and outdoor dining, yoga space, and more. A rare opportunity for professionals who are looking for a space work in convenient Vancouver Downtown. Don't hesitate, call now for more details!

  • 5th Fl-Ste 546
  • 621 SF
  • Office
  • -
  • Now

• Premium AAA office unit within the newly completed Burrard Place • Open concept unit allowing for a variety of layouts • 11 ft. ceiling heights and floor-to-ceiling glazing • Fully distributed HVAC • Corner unit with large windows providing abundant natural light • Brand new mid-rise office tower with Wiredscore Silver Certification • One (1) parking stall available at market rates • Excellent transit access with many popular restaurants and amenities in the immediate vicinity

  • 6th Fl-Ste 650
  • 1,421 SF
  • Office
  • Partial Build-Out
  • Now

The Property is located at the south east corner of Drake Street and Hornby Street.

Space Size Space Use Condition Available
Ste 929 Drake Street 453 SF Retail - Now
1st Fl-Ste 300 2,856 SF Office Shell Space Now
3rd Fl-Ste 310 972 SF Office Partial Build-Out Now
3rd Fl-Ste 334 1,037 SF Office Partial Build-Out 30 Days
3rd Fl-Ste 336 738 SF Office - 30 Days
5th Fl-Ste 546 621 SF Office - Now
6th Fl-Ste 650 1,421 SF Office Partial Build-Out Now

Ste 929 Drake Street

Size
453 SF
Space Use
Retail
Condition
-
Available
Now

1st Fl-Ste 300

Size
2,856 SF
Space Use
Office
Condition
Shell Space
Available
Now

3rd Fl-Ste 310

Size
972 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

3rd Fl-Ste 334

Size
1,037 SF
Space Use
Office
Condition
Partial Build-Out
Available
30 Days

3rd Fl-Ste 336

Size
738 SF
Space Use
Office
Condition
-
Available
30 Days

5th Fl-Ste 546

Size
621 SF
Space Use
Office
Condition
-
Available
Now

6th Fl-Ste 650

Size
1,421 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

Ste 929 Drake Street

Size 453 SF
Space Use Retail
Condition -
Available Now

Located within One Burrard Place, 929 Drake Street offers an exceptional retail opportunity in one of Vancouver’s most dynamic and sought-after areas. Positioned at the gateway to Downtown Vancouver at Drake and Hornby, this landmark development features luxury residential towers and an AAA mid-rise office building, bringing fresh energy to a thriving urban hub. Surrounded by high-density residential buildings, offices, and top-tier restaurants, cafés, and boutique shops, the neighbourhood is a vibrant mix of professionals, residents, and visitors. The evolving Beach District, False Creek Seawall, and public parks add to the area’s appeal, while Yaletown, Granville Island, the Central Business District, Robson Street, and CF Pacific Centre are all just minutes away. With high foot traffic, excellent visibility, and seamless access to major transit routes and downtown arteries, 929 Drake Street is an unparalleled opportunity for businesses looking to thrive in the heart of the city. • High profile small format retail opportunity located in Downtown Vancouver near the corner of Drake and Hornby Street • Large retail storefront with high signage visibility and abundant natural light • HVAC system in place, ready for distribution • One (1) parking stall available at market rates • Excellent transit access with many popular restaurants and amenities in the immediate vicinity

1st Fl-Ste 300

Size 2,856 SF
Space Use Office
Condition Shell Space
Available Now

Available for lease is 2856 Square Feet of office space in the newly constructed Burrard Place mixed-use development. This AAA office strata unit is in shell condition and is located at the north-west corner of the building, providing ample natural light and exposure to both Burrard Street and Drake Street.

3rd Fl-Ste 310

Size 972 SF
Space Use Office
Condition Partial Build-Out
Available Now

Brand new, never occupied 972 sq. ft. of office space in the prestigious Burrard Place tower. Tenants enjoy world-class amenities: private dining, fitness center, pool, sauna, rooftop lounge & more. An exceptional leasing opportunity in a prime location!

3rd Fl-Ste 334

Size 1,037 SF
Space Use Office
Condition Partial Build-Out
Available 30 Days

LEED Gold brand new office space located in the prestigious Burrard Place near the corner of Hornby Street and Davie Street in the heart of Downtown Vancouver. The building features include boardrooms, fitness facility, private spa and pool, outdoor dining and lounge areas. The unit has one parking stall plus access to common area stalls.

3rd Fl-Ste 336

Size 738 SF
Space Use Office
Condition -
Available 30 Days

Hornby St Facing Office Unit! Approx. 738 SqFt brand new AAA-Class office is available in One Burrard Place of Vancouver Downtown area. Located at Drake St, one building from Burrard St, easy access to Vancouver West side.11- foot ceiling heights and floor-to-ceiling glazing providing a bright work environment. LEED Gold building with luxurious amenities, spanning over 30,000 SqFt, including gym, a full - sized pool, hot tub steam room, sauna, private spa rooms, wine cellar and wine tasting bars, indoor and outdoor dining, yoga space, and more. A rare opportunity for professionals who are looking for a space work in convenient Vancouver Downtown. Don't hesitate, call now for more details!

5th Fl-Ste 546

Size 621 SF
Space Use Office
Condition -
Available Now

• Premium AAA office unit within the newly completed Burrard Place • Open concept unit allowing for a variety of layouts • 11 ft. ceiling heights and floor-to-ceiling glazing • Fully distributed HVAC • Corner unit with large windows providing abundant natural light • Brand new mid-rise office tower with Wiredscore Silver Certification • One (1) parking stall available at market rates • Excellent transit access with many popular restaurants and amenities in the immediate vicinity

6th Fl-Ste 650

Size 1,421 SF
Space Use Office
Condition Partial Build-Out
Available Now

The Property is located at the south east corner of Drake Street and Hornby Street.

Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (96)
Bike Score®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 37923206

  • Date on Market: 2025-10-02

  • Last Updated:

  • Address: 1281 Hornby St, Vancouver, BC V6Z 1Z4

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