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8091 Capstan Way
West Cambie Richmond V6X 1R4

$28,000,000
Land Commercial, Multi-Family Commercial

View of apartment building / complex with a city view
Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8074050
Cushman & Wakefield ULC (“C&W”) is pleased to present for sale on behalf of MNP Ltd. (the “Receiver”) a 100% interest in the 8091 Capstan Way, Richmond, BC (the “Property”). The Property features 1.065 acres of lot area and has been entitled for 169,390 sq. ft. of mixed-use density inclusive of residential condo, hotel, and ground floor retail. Strategically located in the heart of Richmond steps away from the Canada Line’s Capstan Station, the Property offers unique development scale, riverfront views, and highly accessible amenities. The Property has been successfully rezoned to RCL5 permitting a 3.65x FAR and had a Development Permit issued in 2021 permitting 72 hotel suites, 128 market strata dwelling units, 9 affordable rental units, and 8,240 sq. ft. of ancillary commercial space. This is an exceptional opportunity to acquire a de-risked turnkey development site of scale in one of Metro Vancouver’s most transit-oriented locations.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Land Commercial, Multi-Family Commercial
Lot Area:
1.07 acre(s)
Acres Freehold:
1.07 acre(s)
Zoning:
RCL5
Potential to Redevelop:
Approved Land Use 3.65 FSR, 169,390 buildable sq.ft., No
Electricity:
No
Services Connected:
Fully Serviced
Sewer:
Public Sewer
Env Assmt Comment:
see data room
Parcel Number:
031679056
Taxes:
$187,800 / 2025
No
Water Supply:
Public
Water Rights:
No
Potential to Redevelop:
Approved Land Use 3.65 FSR, 169,390 buildable sq.ft., No
Env Assmt Phase:
Yes
Original Price:
$28,000,000
  • Photo 1: 8091 Capstan Way, Richmond - West Cambie
    View of apartment building / complex with a city view
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Listed by Cushman & Wakefield ULC
Data was last updated November 28, 2025 at 11:40 AM (UTC)
AMAR SHAN
DANA BALAN
The data relating to real estate on this website comes in part from the MLS® VOW program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB), the BC Northern Real Estate Board (BCNREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB, the BCNREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB, BCNREB or the CADREB.
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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

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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.