Eastern Avenue Lands
1536-1550 Eastern Avenue

The Offering

This centrally located development opportunity is one of the last remaining high-density residential purpose-built rental development sites in the highly coveted and amenity rich Lonsdale Corridor. The Property will facilitate a 13 storey 106,884 square foot purpose built rental project, amenitized with a state-of-the-art daycare facility, which will benefit from surrounding synergies in the North Shore’s most attractive and densest neighbourhood.

A unique feature of the proposed development of the Eastern Avenue Lands is the integration of Lumon Balconies. The balconies are large (average over 90 sf) and were designed to encourage many uses for Lumon’s enclosed balconies. Lumon is a leading manufacturer of retractable balcony façade systems based in Langley, BC. Lumon brings over 40 years of experience in over 20 countries and has delivered over 5.5 million manufactured glass panels and over 1 million manufactured balustrades & railings.

Offering Highlights

• SIGNIFICANT PRESENCE IN ONE OF THE REGION’S MOST SOUGHT-AFTER RENTAL MARKETS
• PREMIER LOCATION IN THE HEART OF CENTRAL LONSDALE’S AMENITY RICH NEIGHBOURHOOD DEMAND FOR RENTAL HOUSING IS FORECASTED TO CONTINUE TO GROW, WHICH WILL APPLY FURTHER UPWARD PRESSURE TO RENTAL RATES
• RARELY AVAILABLE DEVELOPMENT SCALE IN ONE OF THE MOST ESTABLISHED NODES ON THE NORTH SHORE
• ONE OF METRO VANCOUVER’S MOST DEVELOPMENT FRIENDLY OPERATING ENVIRONMENTS