2400 Western Avenue

Investment Overview

Avison Young is pleased to present a development and partnership opportunity at 2400 Western Avenue, a 14,117-sf site in Central Lonsdale, North Vancouver.

The Property has planning and permit approvals in place for an 18-home development under existing CD-766 zoning and is ideally located steps from Lonsdale Avenue and nearby amenities.

Ownership is primarily seeking a development or capital partner, while remaining open to an outright sale. A partner may proceed with the approved 18-home scheme, explore value-engineering opportunities, or consider alternative redevelopment through a new rezoning process.

Investment Highlights

• FULLY APPROVED 18-HOME DEVELOPMENT - Planning and permit approvals in place under existing CD-766 zoning
• DEVELOPMENT & CAPITAL PARTNERSHIP - Ownership is seeking a development or capital partner to advance the project
• IMMEDIATE EXECUTION POTENTIAL - Significant entitlement, design, engineering and municipal work already completed
• ADVANCED PERMITTING - Demolition and tree removal permits secured; building permit pending final revisions
• FLEXIBLE DEVELOPMENT STRATEGY - Proceed with the approved scheme, explore value-engineering opportunities, or consider an alternative redevelopment concept through a new rezoning
• PREMIER CENTRAL LONSDALE LOCATION - Convenient access to shopping, dining, recreation, transit and North Shore amenities
• OUTRIGHT ACQUISITION OPTION - Ownership will also consider proposals for an outright acquisition of the Property