0.70 ACLand / Multifamily / OtherContactSale
0.70 AC
Land / Multifamily / Other
Sale
Steve Da Cruz
RE/MAX Commercial Advantage
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NOW COMING TO AUCTION: ±0.7 AC of multifamily development land approved for 61 rental units or previously approved for 36 Strata Units. Home to outdoor adventures and stunning vistas, the Village of Pemberton is located 25 minutes north of Whistler within the Coastal Mountains. Pemberton’s authentic adventure culture provides an ideal place to enjoy arts, culture, recreation, dining, shopping & comfortable lodging. Every year hundreds of foreign and across-Canada workers come to Whistler to work and play, and many of them never leave, settling in the nearby communities of Pemberton and Squamish as an alternative to Whistler’s exorbitant housing market. In the 2021 Census conducted by Statistics Canada, Pemberton had a population of 3,407 living in 1,357 of its 1,430 total private dwellings, a change of 32.4% from its 2016 population of 2,574.
The Property
Available Space0.70 AC
NegotiableYes
Property UseMulti family / Senior / Vacant or owner user
Sale ConditionsAuction
SourceDirect
The Lot
INVESTMENT HIGHLIGHTS: Proposed Site Development: Approved for 61 rental units or previously approved for 36 Strata Units. Whistler Resort is a four-season alpine resort suffering from an extreme shortage of affordable worker housing. The Pemberton site poses an opportunity for developers to assist regional employers with staff housing needs. According to Whistler’s economic reports, 15,051 people are employed in the Village (2016 data). However, only 7,000 affordable rental and ownership housing units are available (source: Whistler Housing Authority). In 2022 apartment prices in Pemberton soared to an average of $945 per SF for homes ranging from 2 to 24 years in age. Zoning: C-3 (Commercial). The site location boasts fabulous views of nearby Mount Currie. LOCATION HIGHLIGHTS: The site is about 500 meters from Highway 99, giving you access to Whistler Village in less than 30 minutes. Accessible by Highway 99 directly to Pemberton Portage Road, and serviced by BC Transit, direct to Whistler Village Center. The property is directly across from the Pemberton Community Center, and adjacent to small business commercial units and amenities. The Village of Pemberton is an extremely effective commuter suburb of the larger economy of Whistler. Local hikes include the three Joffre Lakes, Keyhole Hotsprings, Lumpy’s Trail, and One Mile Lake to Nairn Falls. The Pemberton Valley Trail Association has built 48 kms of public trails for cross country skiing, biking, walking, or horseback riding. Two local courses for the golf enthusiast are minutes away: Big Sky and Pemberton Golf Courses.
Property TypeLand / Multifamily / Other
Lot Size0.70 AC
Up to $500K for British Columbia businesses
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