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2511 Spruce Street
Fairview VW Vancouver V6H 2P8

$35,000,000
Land Commercial, Multi-Family Commercial

View of apartment building / complex
Photo 1: 2511 Spruce Street, Vancouver - Fairview VW
Photo 2: 2511 Spruce Street, Vancouver - Fairview VW
Photo 3: 2511 Spruce Street, Vancouver - Fairview VW
Photo 4: 2511 Spruce Street, Vancouver - Fairview VW
Photo 5: 2511 Spruce Street, Vancouver - Fairview VW
Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8074044
Build. Type:
Condo Strata Complex
C&W is pleased to present for sale on behalf of MNP Ltd. (the "Monitor") a 100% freehold interest in 2511 Spruce Street, Vancouver, BC. The Property is entitled for 38 condo units across 45,723 sf of gross buildable area including 8,183 sf of complementary commercial area. Construction of the Project is approx. 75% complete with all framing and formwork poured for nine of ten storeys. Additionally, there is potential cost savings through the acquisition of interior finishings inventory on-site and in storage. The Project presents a unique turnkey development proposition with the highest-risk component of construction completed. Nearly 50% of the Projects hard costs including 85% of all concrete work has been completed along with 85% of all soft costs. All interested parties should contact the listing agents for access to the data room and further due diligence items upon execution of a non-disclosure agreement.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Land Commercial, Multi-Family Commercial
Construction:
Concrete
Name of Complex/Subdivision:
The Duet
Num Storeys:
10
Building Type:
Condo Strata Complex, High-Rise (5+ storeys), Mixed Use
# Bldgs:
1
Year built:
2025 (Age: 0)
Living Area:
1.05 acre(s)
Office Size:
2,153 sq. ft.
Retail Size:
4,240 sq. ft.
Other Size:
9,342 sq. ft.
Lot Area:
12,632.4 sq. ft.
Acres Freehold:
12,632 sq. ft.
Zoning:
C3-A
Potential to Redevelop:
Currently constructed 9 out of 10 storeys., No
# Of Parking Spaces - Total:
33
Electricity:
No
Services Connected:
Fully Serviced
Sewer:
Public Sewer
Env Assmt Comment:
see report
Parcel Number:
030618720
Taxes:
$107,199 / 2025
No
# Elevators:
1
Water Supply:
Public
Water Rights:
No
Potential to Redevelop:
Currently constructed 9 out of 10 storeys., No
Env Assmt Phase:
Yes
Original Price:
$35,000,000
  • Photo 1: 2511 Spruce Street, Vancouver - Fairview VW
    View of apartment building / complex
  • Photo 2: 2511 Spruce Street, Vancouver - Fairview VW
    View of building exterior
  • Photo 3: 2511 Spruce Street, Vancouver - Fairview VW
    View of city featuring a water and mountain view
  • Photo 4: 2511 Spruce Street, Vancouver - Fairview VW
    View of city
  • Photo 5: 2511 Spruce Street, Vancouver - Fairview VW
    View of city with a mountain backdrop
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Listed by Cushman & Wakefield ULC
Data was last updated December 19, 2025 at 10:40 PM (UTC)
AMAR SHAN
DANA BALAN
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Navigating Commercial Real Estate Landscape in Vancouver, BC

Vancouver, BC, stands as a beacon of economic prosperity and cultural diversity, drawing businesses and investors alike to its dynamic commercial real estate market. In this article, we’ll delve into the thriving commercial landscape of Vancouver, exploring key trends, popular sectors, and the factors contributing to the city’s robust real estate sector. Whether you’re an entrepreneur seeking the perfect storefront or an investor eyeing the stability and growth potential of Vancouver’s commercial market, the opportunities are as diverse as the properties themselves. Explore BC commercial properties, especially in Vancouver, and discover a landscape ripe for business success and investment ventures.

Diverse Commercial Sectors

Vancouver’s commercial real estate market spans a diverse array of sectors, catering to the multifaceted needs of businesses. From vibrant retail spaces in bustling neighborhoods like Gastown to sleek office towers in the central business district, the city offers a spectrum of opportunities. The industrial sector, particularly in areas like Mount Pleasant, has also witnessed significant growth, driven by the rise of tech companies and creative industries.

Tech Hub and Innovation

As a burgeoning tech hub, Vancouver has become a magnet for innovative companies seeking prime office spaces to foster creativity and collaboration. The city’s strategic location, coupled with its quality of life, has attracted major players in the tech industry, contributing to the demand for modern, adaptable office spaces.

Green Initiatives and Sustainability

Vancouver places a strong emphasis on sustainability, influencing its commercial real estate landscape. The city’s commitment to green building practices has led to a surge in environmentally conscious developments. LEED-certified buildings and energy-efficient spaces have become integral components of the commercial market, appealing to businesses with a focus on sustainability.

Challenges and Opportunities

Despite its robustness, Vancouver’s commercial real estate market is not without challenges. Limited available space in key areas and rising property values pose obstacles for businesses seeking prime locations. However, this scarcity has also spurred innovative projects, such as mixed-use developments that seamlessly blend residential and commercial spaces.

Investment Appeal

Investors are drawn to Vancouver’s commercial real estate market for its stability and long-term growth potential. The city’s strategic geographical location, strong economic fundamentals, and commitment to innovation create an attractive environment for those looking to diversify their portfolios.

Conclusion: Vancouver, BC Commercial Properties

Vancouver’s commercial real estate landscape continues to evolve, shaped by economic trends, sustainability initiatives, and the city’s commitment to innovation. Whether you’re a local business looking to expand or a global investor seeking lucrative opportunities, Vancouver’s dynamic and diverse commercial real estate market provides a wealth of possibilities.