An exceptional investment and redevelopment opportunity in one of Vancouver’s most dynamic commercial corridors. This property spans two legal lots with a combined land area of over 8,000 sq. ft., offering a substantial footprint in a high‑demand location.

The site is improved with a two‑storey concrete building currently utilized as office and warehouse space. Its solid construction, open-span layout, and flexible configuration make it ideal for a wide range of business operations. Rear lane access with loading doors and additional lane parking further enhance functionality for industrial, logistics, or service‑based uses.

With a generous lot dimension of 79.66 ft x 101.74 ft, the property provides significant scale for future redevelopment. It aligns seamlessly with Metro Vancouver’s ongoing rezoning and densification initiatives, positioning it as a strategic acquisition for forward‑thinking investors and developers.

Whether you’re seeking a stable commercial asset with holding income or a prime redevelopment site in a rapidly evolving neighbourhood, this property delivers outstanding potential. A rare opportunity to secure a versatile commercial parcel in one of the region’s most sought‑after urban markets.

Fraser Valley Real Estate Board Stats September
For the full report please download the attachment...fvrebstats202609
Information obtained from the Fraser Valley Real Estate Board

Real Estate Board of Greater Vancouver Stats October
For the full report please download the attachment...fvrebstats202609 a
Information obtained from the Greater Vancouver Real Estate Board

1. Understand Today’s Market Conditions (2026 Snapshot)
• Inventory is high — especially condos & townhomes. This gives buyers more choice and negotiation leverage.
• Benchmark prices have corrected 5–7% across Metro Vancouver.
• Interest rates have stabilized after volatility in 2023–2024, improving predictability for buyers.
• Sellers are more flexible — especially in detached homes where move-up buyers are active.

2. Get Financially Positioned Before You Shop
What to do:
• Get a full pre approval, not just a rate quote.
• Know your payment comfort zone at today’s rates.
• Understand your max purchase price after stress test.
• Have your down payment liquid and documented — sellers prefer clean offers.

3. Target Micro Markets, Not Just Cities
Greater Vancouver is now a micro market environment — neighbourhoods behave differently even within the same city.
Examples:
• Surrey & Burnaby condos: Higher inventory → better deals.
• North Vancouver & Port Moody townhomes: Strong demand but more realistic pricing.
• Vancouver detached: Motivated sellers, good for move up buyers.

4. Use Data to Time Your Offers
The market is no longer frantic — timing matters.
Look for:
• Listings sitting 14+ days → negotiation window
• Price reductions → motivated sellers
• High inventory pockets → leverage
• Seller’s next move (already bought? relocating?) → stronger negotiation

5. Negotiate Like It’s a Balanced Market
You now have room to negotiate on:
• Price
• Completion dates
• Repairs
• Included items
• Deposit structure
Sellers are adjusting expectations due to inventory pressure and rate driven buyer power.

Budget‑Friendly Improvements That Increase Buyer Appeal

1. Fresh Interior Paint (Highest ROI)

Modern neutral colours (white, soft grey, beige) make the home feel newer and cleaner. Cost: $300–$1,200 Impact: Creates a move‑in‑ready impression.

2. Upgrade Lighting & Bulbs

Replace outdated fixtures and use warm LED bulbs. Cost: $20–$150 per fixture Impact: Brighter rooms feel larger and photograph better.

3. Replace Hardware (Kitchen, Bath, Doors)

Handles, knobs, and faucets modernize spaces without renovation. Cost: $100–$400 Impact: Makes older cabinetry feel updated.

4. Deep Cleaning & Minor Repairs

Buyers equate cleanliness with good maintenance. Cost: $200–$500 Includes: caulking, touch‑ups, fixing squeaks, vents, switches, bulbs.

5. Curb Appeal Refresh

First impressions matter. Cost: $100–$600 High‑ROI Items: mulch, trimming, pressure washing, painted front door, new house numbers.

6. Declutter & Depersonalize

Make rooms feel bigger and help buyers imagine themselves living there. Cost: Free–$200 Remove: excess furniture, personal photos, collections.

7. Staging Touches (Minimal or DIY)

Small accents create emotional appeal. Cost: $50–$300 Add: towels, pillows, plants, neutral bedding.

8. Modernize the Entryway

Small upgrades here dramatically improve perceived value. Cost: $50–$250 Ideas: new doormat, updated light fixture, painted railing.

9. Kitchen Mini‑Makeover

Avoid full renovations. Cost: $150–$600 Ideas: paint cabinets, replace hardware, add under‑cabinet lighting, update faucet.

10. Bathroom Refresh

Cost: $80–$300 Ideas: new mirror, faucet, shower curtain, towels.

What NOT to Spend Money On

• Full kitchen or bathroom renovations
• Flooring replacements (unless damaged)
• Basement finishing
• Structural/mechanical upgrades (protect value but don’t add value)

1‑Day Prep Checklist

• Paint scuffs and high‑traffic walls
• Replace all bulbs with warm LEDs
• Clean windows inside/out
• Remove 30% of items from each room
• Fresh linens in bedrooms/bathrooms
• Add plants or greenery
• Pressure wash driveway and entry
• Clean baseboards, vents, switches
• Update front door hardware

Real Estate Board of Greater Vancouver Stats August
For the full report please download the attachment...gvr stats package august 2026
Information obtained from the Greater Vancouver Real Estate Board