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RETAIL STRATA UNITS FOR SALE

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RETAIL STRATA UNITS FOR SALE OVATIONNEWWEST.COM/RETAIL
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Page 1: RETAIL STRATA UNITS FOR SALE

RETAIL STRATA UNITS FOR SALEOVATIONNEWWEST.COM/RETAIL

Page 2: RETAIL STRATA UNITS FOR SALE

Own a high-exposure commercial strata unit in one of New Westminster’s most iconic high-rise projects by Vintop Development. Ovation, designed by distinguished local architecture firm GBL Architects, is an unmatched commercial strata opportunity for investors and businesses seeking premium exposure and a central and highly accessible location. As New West- minster continues to experience a frenzy of residential and commercial developments surrounding its numerous SkyTrain stations, many new residents, investors and retailers are seeking to solidify their presence within the burgeoning community.

Use RestrictionBusinesses with cannabis or short-term loan related uses shall not be permitted.

Highlights

• 5 flexible unit sizes available from 935 SF to 1,344 SF

• 1 exclusive parking stalls per unit, ample street parking and a public parkade across the street

• Featuring 204 modern homes above street level retail units

• At the center of New Westminster’s vibrant riverfront downtown, just steps away from New Westminster SkyTrain station and the spectacular 2.5 km waterfront boardwalk stretching from popular Westminster Pier Park to the Quayside hub

• Expected occupancy in Q4 2022

OP

PO

RT

UN

ITY

Page 3: RETAIL STRATA UNITS FOR SALE

Immersed in the eclectic Downtown New West-minster neighbourhood and bound by 8th Street and 10th Avenue, Ovation benefits from its access to public transit and arterial thoroughfares.

• 180 meters from New Westminster SkyTrain station

• Less than 1 KM from a diverse amenity offering including Douglas College, Shops at New West, Anvil Centre, Columbia Square Plaza and numerous restaurants and professional and medical services

• New Westminster SkyTrain Station provides ease of access to Downtown Vancouver, Burnaby, the Tri-Cities and Surrey

LOC

AT

ION

Demographics

†Based on a 3km radius ‡(Growth from 2019 to 2025)

CURRENT POPULATION†

81,577

DEMOGRAPHIC PROJECTION‡

47%

MEDIAN AGE†

38

TOTAL HOUSEHOLDS†

35,470

Page 4: RETAIL STRATA UNITS FOR SALE

BANK/SERVICES1 BC Liquor Store

2 Oxygen Yoga

3 Save-on-Foods

4Columbia Square Animal Hospital

5 Crystal Nails Spa

6 Bank of Montreal

7 Pharmasave

8 TD Canada

9 Safeway

10 Shoppers Drug Mart

11 Landmark Cinemas

12 Scotiabank

13 Douglas College

14 Anvil Centre

15 Ava Fitness

16 EZ Fit

17 Provincial Court of BC

RESTAURANTS/CAFES1 Boston Pizza

2 DeDutch Pancake House

3 Chronic Tacos

4 Menchie’s

5Cockney Kings Fish & Chips

6 The Spud Shack Fry Co.

7 Tim Hortons

8 Old Spaghetti Factory

9 Ki Sushi

10 Waves Coffee House

11 The Boathouse

12 Paddlewheeler Pub

13 Starbucks

14 Chatime

15 The Heritage Grill

16 Pizzeria Ludica

RETAIL1 Fabricland

2 Bosley’s Pet Valu

3 Miniso

4 Freedom Mobile

5 Army & Navy Department Store

6 The Bridal Gallery

7 Lisa’s Bridal Salon

8 Dollar Tree

9 Queen’s Park Florist

EXPO LINE TRAVEL TIMES FROM NEW WESTMINSTER STATION

30 MIN Granville Station

22 MIN Commercial-Broadway

12 MIN Metrotown

15 MIN Surrey City Centre

35 MIN Brentwood (transfer Millennium Line)

55 MIN Coquitlam Centre (transfer Millennium Line)

MoodyPark

Queen’sPark

Mercer StadiumPark

Byrne CreekRavinePark

WillardPark

Robert BurnabyPark

Glenbrook RavinePark

Eaglequest Golf

NanaimoPark

TaylorPark

Ron McLeanPark

Ernie WinchPark

91a

1a

1

1a

1

1a

7

99a

Edmon

ds St

Elwell St

105 Ave

104 Ave

104 Ave

125A

St

125

St12

5a S

t

125B

St

120

St

Scott

Rd

Scott Rd

Span

RdSp

een R

d

Old Yale Rd

Old Yale Rd

127

St

127A

St

127B

St

128A

St

123A

St

121

St

S Fr

aser

Wy

S Fr

aser

Wy

Bridg

e Rd

Olse

n Rd

Timbe

rland

Rd

Dyke

Rd

Faulk

ner R

d

Pine Rd

Tannery Rd

128A

St

128

St12

8 St

Spur Rd

Pattullo BridgeKing George Blvd

124

St

112 Ave

112A Ave 112A Ave

Lien RdWinram Rd

109 Ave

125

St

124

St

111A Ave

114 Ave

113 Ave 113 Ave

114B Ave

113b Ave

110 Ave

115b Ave115A Ave

116 Ave

116

AveMus

quea

m Dr

125A

St 12

7A S

t

128

St

128A

St

128

St

112B Ave

114A Ave

112A Ave

Fourth

Ave

2nd St

Sixth St

Eighth St

12th St

Sixth Ave

Eighth

Ave

Twentieth St

Marine Dr

Southridge Dr

Southp

oint D

r

17th A

ve

Tenth

Ave

Sixth St

E Eighth

Ave

Sherbrooke St

Richmond St

Braid St

Brunette Ave

Lougheed Highway

18th St

Seventh

Ave

Fifth

Ave

Kingsway

2nd St

13th A

ve

16th A

ve

16th A

ve

Canada Wy

Trans Canada Highway

Armstr

ong A

ve

Cumberland St

E Columbia St

Keary St

Cariboo Rd

1st St

1st St

Walker Ave

Sperling Ave

Berkley

St

Burris S

t

10th St

Fifth St

E Si

xth

Ave

Boyd St

Duncan St

Ewen Ave

Poplar Island

Tenth

Ave

Tenth

Ave

Columbia St

Front

StColu

mbia St

Stewardson Wy

Sixth Ave

12th A

ve

14th A

ve

Canada Wy

TipperaryPark

Royal A

veThir

d Ave

Queens

Ave

Agnes

St

Royal ColumbianHospital

Scott Road

Edmonds

22nd Ave

Sapperton

Braid

AM

EN

ITIE

S

TRANSIT SCORE

92WALK SCORE

89Excellent Transit Very Walkable

1

1 2 313

4 56

1378

13

9 10

1211

1614

15

24

76

5

8

9

71

543

2 68

109

11

14

13

12

17

15

16

NEW WESTMINSTER

COLUMBIA

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Page 5: RETAIL STRATA UNITS FOR SALE

PR

OJE

CT

TE

AM

Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) is an industry-leading real estate services company with a global brand operating in 69 countries and a workforce of more than 15,000 skilled professionals serving clients in the world’s most important markets. With an enterprising culture and significant employee ownership and control, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide.

Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success.

GBL Architects is inspired by the wondrous potential of cities, communities, and people. Their hope is that structures become active participants in society, carving out new and surprising human patterns within the cultural landscape. The award-winning firm practices emergent architecture, fueled by the notion that success in form isn’t simply defined by a strength to endure, but also through an ability to surprise over time.

With over two decades of real estate experience in property development, VINTOP stands for: Vancouver Inspired Neighborhood, Technology Oriented Properties. Our team’s foundation is built on the strong value of integrity, quality and trust. Our vision is to incorporate our competitive advantage into developing projects we would call HOME.

Page 6: RETAIL STRATA UNITS FOR SALE

This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2020. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Inc. PO12451

COLLIERS INTERNATIONAL 200 Granville Street, 19th Floor Vancouver, BC V6C 2R6 604 681 4111 | collierscanada.com

Kelvin Luk | Vice PresidentPersonal Real Estate Corporation604 662 [email protected]

William Maunsell | Associate 604 661 [email protected]

OVATIONNEWWEST.COM/RETAIL


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