For Sale · Retail

106 333 ST. DAVIDS AVENUE, North Vancouver

106 333 ST. DAVIDS AVENUE, North Vancouver, BC V7L3P2

$855,400 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

89%

Year Built

2025

About this property

Colliers is pleased to offer Unit 106 at The BLOK, a newly completed mixed-use development in North Vancouver's Moodyville neighborhood. More than 1,400 residential units have been added to the area in recent years, while the supply of local retail remains limited. The location is mainly residential and easier to access than Lower Lonsdale, with amenities and major transportation routes nearby. Unit 106 is a 728 SF ground-floor strata retail unit. It has floor-to-ceiling glazing facing the development's pedestrian breezeway, which runs under a covered colored-glass atrium and draws foot traffic in every season. Co-tenants include Lee's Donuts, Delaney's Coffee, and two daycare operators. The surrounding area has a dense residential population and limited competing retail in this format. Flexible Configurations Available: Unit 106: 728 SF Units 105 (corner) + 106: 1,510 SF Units 106 + 107: 1,392 SF Units 105 (corner) + 106 + 107: 2,174 SF (id:66811)

Financial sandbox

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Estimate
Purchase price$855K
Down payment30% · $257K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$49K

Annual cash flow

$1K

Cash-on-cash

0.54%

DSCR

1.03

Going-in cap

5.70%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

63,700

Households

27,675

Median income

$75,000

Median age

41.3

Daytime population

82,745

5-yr growth

1.2%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 106 333 ST. DAVIDS AVENUE, North Vancouver.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.