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Investment Highlights

  • Over 19,000 SF of premium retail and office space in Central Lonsdale’s evolving commercial hub.
  • Eleven second-level offices from 563 SF - 9,656 SF, ideal for various uses such as medical, accounting, law, dental, physiotherapy, chiropractic etc
  • Walking distance to Lions Gate Hospital (6 minutes) and easily accessible via public transportation.
  • Two ground floor units remaining ranging from 1,017 SF - 1,343 SF and zoned for cafes, beauty, fitness, and other daily needs retail services.
  • Prime frontage on 15th Street W, near Lonsdale Avenue with key anchors like Loblaws City Market, Whole Foods, BMO, Vancity, CIBC
  • The Subject Site is positioned to capitalize on strong foot traffic, vehicular traffic, and a growing residential demographic.

Executive Summary

Elle by Polygon offers a rare chance to own thoughtfully designed strata retail and office spaces in the vibrant heart of Central Lonsdale, an area known for its thriving community and growing business opportunities. This dynamic development offers brand-new retail and office spaces, all comprised within a high-quality, mixed-use development which encompasses a 22-storey concrete tower. Located just steps away from Lonsdale and 15th, Elle by Polygon is surrounded by a rich tapestry of restaurants, boutiques and essential daily-needs retail services.

13 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 1
  • 1,343 SF
  • Retail
  • $1,745,016 USD ($1,299.34 USD/SF)
  • -
Sale Type Investment
  • Unit 4
  • 1,091 SF
  • Retail
  • $1,599,295 USD ($1,465.90 USD/SF)
  • -
Sale Type Investment
  • Unit 201
  • 970 SF
  • Office
  • $851,014 USD ($877.33 USD/SF)
  • -
Sale Type Investment
  • Unit 203
  • 563 SF
  • Office
  • $574,143 USD ($1,019.79 USD/SF)
  • -
Sale Type Investment
  • Unit 205
  • 1,071 SF
  • Office
  • $858,300 USD ($801.40 USD/SF)
  • -
Sale Type Investment
  • Unit 211
  • 1,244 SF
  • Office
  • $1,382,898 USD ($1,111.65 USD/SF)
  • -
Sale Type Investment
  • Unit 213
  • 745 SF
  • Office
  • $800,012 USD ($1,073.84 USD/SF)
  • -
Sale Type Investment
  • Unit 215
  • 931 SF
  • Office
  • $982,164 USD ($1,054.96 USD/SF)
  • -
Sale Type Investment
  • Unit 217
  • 745 SF
  • Office
  • $800,012 USD ($1,073.84 USD/SF)
  • -
Sale Type Investment
  • Unit 219
  • 955 SF
  • Office
  • $974,878 USD ($1,020.81 USD/SF)
  • -
Sale Type Investment
  • Unit 221
  • 1,100 SF
  • Office
  • $1,215,318 USD ($1,104.83 USD/SF)
  • -
Sale Type Investment
  • Unit 223
  • 672 SF
  • Office
  • $734,437 USD ($1,092.91 USD/SF)
  • -
Sale Type Investment
  • Unit 225
  • 660 SF
  • Office
  • $727,151 USD ($1,101.74 USD/SF)
  • -
Sale Type Investment
Unit Unit Size Condo Use Price NOI
Unit 1 1,343 SF Retail $1,745,016 USD ($1,299.34 USD/SF) -
Unit 4 1,091 SF Retail $1,599,295 USD ($1,465.90 USD/SF) -
Unit 201 970 SF Office $851,014 USD ($877.33 USD/SF) -
Unit 203 563 SF Office $574,143 USD ($1,019.79 USD/SF) -
Unit 205 1,071 SF Office $858,300 USD ($801.40 USD/SF) -
Unit 211 1,244 SF Office $1,382,898 USD ($1,111.65 USD/SF) -
Unit 213 745 SF Office $800,012 USD ($1,073.84 USD/SF) -
Unit 215 931 SF Office $982,164 USD ($1,054.96 USD/SF) -
Unit 217 745 SF Office $800,012 USD ($1,073.84 USD/SF) -
Unit 219 955 SF Office $974,878 USD ($1,020.81 USD/SF) -
Unit 221 1,100 SF Office $1,215,318 USD ($1,104.83 USD/SF) -
Unit 223 672 SF Office $734,437 USD ($1,092.91 USD/SF) -
Unit 225 660 SF Office $727,151 USD ($1,101.74 USD/SF) -

Unit 1

Unit Size
1,343 SF
Condo Use
Retail
Price
$1,745,016 USD ($1,299.34 USD/SF)
NOI
-

Unit 4

Unit Size
1,091 SF
Condo Use
Retail
Price
$1,599,295 USD ($1,465.90 USD/SF)
NOI
-

Unit 201

Unit Size
970 SF
Condo Use
Office
Price
$851,014 USD ($877.33 USD/SF)
NOI
-

Unit 203

Unit Size
563 SF
Condo Use
Office
Price
$574,143 USD ($1,019.79 USD/SF)
NOI
-

Unit 205

Unit Size
1,071 SF
Condo Use
Office
Price
$858,300 USD ($801.40 USD/SF)
NOI
-

Unit 211

Unit Size
1,244 SF
Condo Use
Office
Price
$1,382,898 USD ($1,111.65 USD/SF)
NOI
-

Unit 213

Unit Size
745 SF
Condo Use
Office
Price
$800,012 USD ($1,073.84 USD/SF)
NOI
-

Unit 215

Unit Size
931 SF
Condo Use
Office
Price
$982,164 USD ($1,054.96 USD/SF)
NOI
-

Unit 217

Unit Size
745 SF
Condo Use
Office
Price
$800,012 USD ($1,073.84 USD/SF)
NOI
-

Unit 219

Unit Size
955 SF
Condo Use
Office
Price
$974,878 USD ($1,020.81 USD/SF)
NOI
-

Unit 221

Unit Size
1,100 SF
Condo Use
Office
Price
$1,215,318 USD ($1,104.83 USD/SF)
NOI
-

Unit 223

Unit Size
672 SF
Condo Use
Office
Price
$734,437 USD ($1,092.91 USD/SF)
NOI
-

Unit 225

Unit Size
660 SF
Condo Use
Office
Price
$727,151 USD ($1,101.74 USD/SF)
NOI
-

Unit 1

Unit Size 1,343 SF
Condo Use Retail
Price $1,745,016 USD ($1,299.34 USD/SF)
NOI -
Sale Type Investment

Unit 4

Unit Size 1,091 SF
Condo Use Retail
Price $1,599,295 USD ($1,465.90 USD/SF)
NOI -
Sale Type Investment

Unit 201

Unit Size 970 SF
Condo Use Office
Price $851,014 USD ($877.33 USD/SF)
NOI -
Sale Type Investment

Unit 203

Unit Size 563 SF
Condo Use Office
Price $574,143 USD ($1,019.79 USD/SF)
NOI -
Sale Type Investment

Unit 205

Unit Size 1,071 SF
Condo Use Office
Price $858,300 USD ($801.40 USD/SF)
NOI -
Sale Type Investment

Unit 211

Unit Size 1,244 SF
Condo Use Office
Price $1,382,898 USD ($1,111.65 USD/SF)
NOI -
Sale Type Investment

Unit 213

Unit Size 745 SF
Condo Use Office
Price $800,012 USD ($1,073.84 USD/SF)
NOI -
Sale Type Investment

Unit 215

Unit Size 931 SF
Condo Use Office
Price $982,164 USD ($1,054.96 USD/SF)
NOI -
Sale Type Investment

Unit 217

Unit Size 745 SF
Condo Use Office
Price $800,012 USD ($1,073.84 USD/SF)
NOI -
Sale Type Investment

Unit 219

Unit Size 955 SF
Condo Use Office
Price $974,878 USD ($1,020.81 USD/SF)
NOI -
Sale Type Investment

Unit 221

Unit Size 1,100 SF
Condo Use Office
Price $1,215,318 USD ($1,104.83 USD/SF)
NOI -
Sale Type Investment

Unit 223

Unit Size 672 SF
Condo Use Office
Price $734,437 USD ($1,092.91 USD/SF)
NOI -
Sale Type Investment

Unit 225

Unit Size 660 SF
Condo Use Office
Price $727,151 USD ($1,101.74 USD/SF)
NOI -
Sale Type Investment

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 291,808 SF
Property Type Multifamily
Property Subtype Apartment
Building Class B
Floors 22
Typical Floor Size 13,264 SF
Year Built 2026
Lot Size 0.58 AC
Parking Ratio 0.01/1,000 SF
Zoning CD-752 - Comprehensive Zone District 752

Amenities

Site Amenities

  • 24 Hour Access
  • Security System
  • Elevator
  • Public Transportation
  • Key Fob Entry
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 136 - -
Exceptionally walkable
100/100
Fairly drivable
50/100
Good public transit
70/100
Moderately bikeable
60/100
  • Listing ID: 36364112

  • Date on Market: 6/23/2025

  • Last Updated:

  • Address: 132 15th St W, North Vancouver, BC V7M 1R5

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