Key takeaways for 2019: Substantial increase in property taxes suppresses potential rental growth for underbuilt properties across all assets classes. Residential land market softens across Metro Vancouver as the housing market struggles to find a balanced market. The City of Vancouver’s land speculation levy by way of implementing Development Contribution Expectations (DCE’s) has had a [...]
The results are in and we are proud to announce Lee & Associates Vancouver's Top Deals for 2018. Congratulations to all our brokers! 415-485 Marie Place North Vancouver Sold for $20,410,000 Purchased by Fairborne Properties Ltd. Brokered by Martin Delafontaine and Arash Rezai 1906 Haro Street Vancouver Sold for $13,200,000 Purchased by 1166238 BC Ltd. [...]
VANCOUVER, BC - November 5, 2018 - The Vancouver office of Lee & Associates, the largest broker-owned commercial real estate firm in North America, negotiated a $8,610,000 sale of two lots in Vancouver. The lots, totaling 11,654 SF, of which includes an 8,109 SF retail building and a parking structure (4,026 SF), is located at [...]
Lee & Associates Vancouver is pleased to present the opportunity to acquire The Kits Manor. The Kits Manor at 1955 Trafalgar Street, Vancouver is an exceptional Kitsilano investment property with development potential spectacular views of the North Shore mountains and English Bay. The 8,522 SF corner site is zoned C-2 and has strong holding income. For [...]
Lee & Associates Vancouver is pleased to present to you our multi-property brochure for Spring 2018. This catalogue is a summary of industrial, retail, office, investment and development properties in Metro Vancouver offered by Lee & Associates. Follow the links to the section that interests you, or download the full publication: Industrial | Retail | Office | Investment [...]
Lee & Associates Vancouver's Neil McAllister and Russell Long completed the sale of 2166 W 4th Avenue, located in the heart of Vancouver’s vibrant and trendy West 4th retail corridor. The approximately 3,000 SF mixed-use building consists of 1,500 SF ground floor retail occupied by Swimco and 1,500 SF 2 bed, 1 bath residential upstairs. The property sold for $4,075,000.
Lee & Associates Vancouver's Arash Rezai comments on the Metro Vancouver development/investment market with BC Business magazine: “Investors are always chasing the next up-and-coming neighbourhood. Last year it was New Westminster and currently it’s Port Moody, due to new official community plans in each jurisdiction. The prime investment properties continue to be ones that offer [...]