Queen Anne Place
1255 West 14th Avenue

FOR SALE

Queen Anne Place | 1255 West 14th Avenue, Vancouver, BC 

Cushman & Wakefield ULC is pleased to offer to the investment and development market on an exclusive basis on behalf of the Vendor, a 100% freehold interest in 1255 West 14th Avenue, Vancouver, BC (the “Property”) commonly known as Queen Anne Place. The Property is an 11-storey, 61-suite standalone concrete high rise multifamily investment property featuring excess land with wood-frame residential infill development potential. Queen Anne Place is centrally located in the Vancouver Westside’s highly coveted Fairview neighbourhood – an area poised for significant economic development and population growth spurred by the Broadway Plan.

Investment Highlights

• Rare opportunity to acquire a concrete highrise multifamily asset in the heart of Vancouver’s Westside that will stand alone as a trophy in any investor’s portfolio.
• Immediate wood-frame infill development opportunity allowing for an estimated ~39,000 square feet of buildable area on the excess land to the west and east of the existing rental tower.
• Steady holding income through development of an additional ~48 units with a significant 47% mark to-market rental upside opportunity on the existing 61-suite rental tower.
• Elite Westside Vancouver location with immediate access to some of the region’s most famous neighbourhoods including Shaughnessy, Kitsilano, and Downtown Vancouver.
• Large corner-lot within the Broadway Plan FSOB designation boasting roughly 250’ of frontage on West 14th Avenue.

 Property Highlights 

• Generational Westside Vancouver value-add multifamily investment asset of scale
• Exceptional curb appeal and internal showing with 27 of 61 suites fully renovated
• Approximately 12,500 square feet of excess land primed for wood-frame residential development of an additional ~48 suites 
• Comprised of four separate legal lots allowing for a more streamlined and cost-efficient infill development approach

For More Information, please contact a member of the exclusive property advisors.

>>>Brochure available for download on the top right of this page