A unit at Maplewood Landing in North Vancouver has sold for $950,000, Avison Young tells Western Investor.
The 1,836-square-foot unit is zoned for light industrial and office use. The property was listed for $973,080 and sold for above its assessed value of just over $800,000. The property has direct access to major transit routes, allowing for convenient transfer to Vancouver and Burnaby. Maplewood Landing is located within the fastest-growing commercial area of the North Shore.
The property is located at #102 Dollarton Hwy, North Vancouver.
Breakdown:
Price: $950,000
Property Size: 1,836 SF
Property Type: Industrial
Zoning: CD-50
2017 B.C. Assessment Value: $807,000
Date of Sale: 03/29/2018
City: North Vancouver
Province: B.C.
Name of Brokerage: Avison Young Commercial Real Estate
Name of Vendor: 461083 BC Ltd.
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