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Investment Highlights
- Approved plans significantly reduce entitlement risk
- Positioned for strong demand from professional office users
- Efficient footprint maximizing usable square footage
- Limited competing new construction in immediate trade area
Executive Summary
Development Opportunity | Approved Commercial Project – Glendale
Rare opportunity to acquire a 4,200 SF vacant lot in the heart of Glendale, positioned within the C2 (Community Commercial) zoning with approved design review plans for a three-story, ±4,620 SF office development. The approved project features a thoughtfully designed modern office building with 12 on-site parking spaces (including subterranean and surface parking), ground-level lobby entry, and upper-level office space complemented by outdoor terraces and a rooftop deck—offering strong appeal for owner-users or investors seeking a high-quality commercial asset.
Strategically located on W. Glenoaks Blvd, the site benefits from excellent visibility, accessibility, and proximity to surrounding commercial amenities. The project has been designed with efficient site planning, alley access, and contemporary architectural elements that align with the evolving character of the corridor. With approvals in place and a clear path toward development, this offering presents a compelling value-add or owner-user opportunity to deliver a modern office asset in a supply-constrained Glendale market.
Rare opportunity to acquire a 4,200 SF vacant lot in the heart of Glendale, positioned within the C2 (Community Commercial) zoning with approved design review plans for a three-story, ±4,620 SF office development. The approved project features a thoughtfully designed modern office building with 12 on-site parking spaces (including subterranean and surface parking), ground-level lobby entry, and upper-level office space complemented by outdoor terraces and a rooftop deck—offering strong appeal for owner-users or investors seeking a high-quality commercial asset.
Strategically located on W. Glenoaks Blvd, the site benefits from excellent visibility, accessibility, and proximity to surrounding commercial amenities. The project has been designed with efficient site planning, alley access, and contemporary architectural elements that align with the evolving character of the corridor. With approvals in place and a clear path toward development, this offering presents a compelling value-add or owner-user opportunity to deliver a modern office asset in a supply-constrained Glendale market.
Property Facts
| Price | $2,493,432 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Office |
| Sale Condition | Build to Suit | Total Lot Size | 0.10 AC |
| No. Lots | 1 | Cross Streets | Allan |
| Property Type | Land | ||
| Zoning | GLC2 - C2 – Community Commercial (Height District I). This designation permits a variety of commercial uses including general office, | ||
| Price | $2,493,432 CAD |
| Sale Type | Investment or Owner User |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Office |
| Total Lot Size | 0.10 AC |
| Cross Streets | Allan |
| Zoning | GLC2 - C2 – Community Commercial (Height District I). This designation permits a variety of commercial uses including general office, |
1 Lot Available
Lot 5621-035-0
| Price | $2,493,432 CAD | Lot Size | 0.10 AC |
| Price Per AC | $25,705,483.77 CAD |
| Price | $2,493,432 CAD |
| Price Per AC | $25,705,483.77 CAD |
| Lot Size | 0.10 AC |
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5621-035-007 | Improvements Assessment | $0 CAD |
| Land Assessment | $443,677 CAD | Total Assessment | $443,677 CAD |
Property Taxes
Parcel Number
5621-035-007
Land Assessment
$443,677 CAD
Improvements Assessment
$0 CAD
Total Assessment
$443,677 CAD
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1933 Glenoaks
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