6137-6261 Granville Street is a 2.45-acre residential redevelopment site offering the potential to be rezoned for the development of up to six storeys in Vancouver, B.C. CBRE was chosen by the second mortgage lender to conduct the court-ordered sale of the site. Representing an entire block for a total site size of 106,313 sq. ft., the site is currently improved by nine single-family homes along Granville Street. The site was positioned as an attractive residential redevelopment site with 2 corner frontages in a premium location, providing investors an opportunity to become part of the significant transformation around Oakridge Centre in the upcoming years.
After receiving significant interest from global and domestic developers and investors, including multiple unconditional offers, CBRE successfully obtained approval from the court and the property was sold to a qualified local real estate developer focused on creating a master-planned community project.