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INVESTMENT HIGHLIGHTS
- Fully entitled market rental development opportunity
- Building permit fees paid
- Exceptional residential rental market with historically low vancany rates
- 100% secured market rental development with no below market rental requirement
- Strategic downtown location with excellent transit accessibility
- Issued CMHC COI with approximately $700k of savings if site excavation commences May 2025
EXECUTIVE SUMMARY
Corbel Commercial is proud to present a 100% interest in a fully entitled, secured market rental development opportunity in the heart of Downtown Vancouver. Boasting exceptional exposure on West Hastings Street, and thoughtfully designed for Vancouver’s high-demand urban rental market and thriving retail sector, the site is strategically positioned just minutes from the Central Business District, at the crossroads of Gastown, Crosstown and Downtown. It is among several innovative developments, upcoming projects, and key local landmarks.
The fully assembled and entitled site offers an immediate opportunity to commence development of a 12-storey, urban mixed-use development featuring 115 secured rental units and two (2) street-level commercial spaces, rooftop amenity, minimized holdings costs and vacant possession. The development is intentionally designed for the urban dweller and long-term student resident seeking incomparable convenience and proximity to Downtown Vancouver’s key entertainment attractions and employment and educational hubs.
The proposed rezoning emphasizes density, sustainability, and modern urban design, featuring extensive bike storage and minimal vehicle parking. This property stands out as a strategic opportunity for developers seeking an immediate foothold in Vancouver’s dynamic rental and commercial landscape.
The fully assembled and entitled site offers an immediate opportunity to commence development of a 12-storey, urban mixed-use development featuring 115 secured rental units and two (2) street-level commercial spaces, rooftop amenity, minimized holdings costs and vacant possession. The development is intentionally designed for the urban dweller and long-term student resident seeking incomparable convenience and proximity to Downtown Vancouver’s key entertainment attractions and employment and educational hubs.
The proposed rezoning emphasizes density, sustainability, and modern urban design, featuring extensive bike storage and minimal vehicle parking. This property stands out as a strategic opportunity for developers seeking an immediate foothold in Vancouver’s dynamic rental and commercial landscape.
PROPERTY FACTS
| Sale Type | Investment or Owner User | Building Class | B |
| Sale Condition | Redevelopment Project | Lot Size | 0.30 AC |
| No. Units | 115 | Construction Status | Proposed |
| Property Type | Multifamily | Building Size | 101,557 SF |
| Property Subtype | Apartment | No. Stories | 12 |
| Apartment Style | Mid-Rise | Year Built | 2026 |
| Zoning | CD-1 - comprehensive development district | ||
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| No. Units | 115 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.30 AC |
| Construction Status | Proposed |
| Building Size | 101,557 SF |
| No. Stories | 12 |
| Year Built | 2026 |
| Zoning | CD-1 - comprehensive development district |
AMENITIES
SITE AMENITIES
- Bicycle Storage
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (87)
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314-328 Hastings St W
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