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Vancouver 0.69-acre strata windup site sells for $41 million

Price is equal to $1 million for each of the 41 units in the windup at the prime corner of Burrard Street and West 12 Avenue that is slated for high-density development
Colliers, Vancouver, for Western Investor
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Colliers, Vancouver, for Western Investor

Type of property: Land development/strata windup

Location: 1770 West 12 Avenue, Vancouver

Number of units: 41

Land size: 30,327 square feet

Land size in acres: 0.696 acres

Zoning: RM-3

Potential floor-space ratio: FSR 6.5

Price: $41 million

Brokerage: Colliers, Vancouver

Brokers: Jennifer Darling, Hart Buck