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15654-15674 North Bluff Rd & 1570-1580 Maple St

50 Unit Apartment Building $14,000,000 CAD ($280,000 CAD/Unit) White Rock, BC V4B 4N5

Executive Summary

Thrilled to present an exceptional opportunity to acquire this amazing development site branded as Beachway, comprising six lots totaling 46,191.81 square feet. Ideally located in the Peach Arch Hospital medical precinct area, which is the main economic driver. The Project has 3rd reading approval for a 50-unit project and the site civil works serving agreement is in the works. Therefore 4th reading and final adoption of rezoning and development permit are withing grasp. With 3rd reading in place, there is no impediment to filing disclosure statement and commencing the pre-sales process. The project is ideally suited to a developers/ builder who need inventory for 2025/26 and want to build to 2018 building code.
https://www.dropbox.com/scl/fi/1o3dwg2kmdp94swfjkjc9/Beachway-Development-Spreads.pdf?rlkey=5hreib178ksxs7tqjzetogmyu&e=1&st=j02h5tph&dl=0

Property Facts

Price $14,000,000 CAD
Price Per Unit $280,000 CAD
Sale Type Investment
Sale Conditions Redevelopment Project
No. Units 50
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 1.06 AC
Construction Status Proposed
Building Size 46,192 SF
No. Stories 3
  • Listing ID: 33282471

  • Date on Market: 2024-09-24

  • Last Updated:

  • Address: 15654-15674 North Bluff Rd & 1570-1580 Maple St, White Rock, BC V4B 4N5

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