GWL Realty Advisors (GWLRA) celebrated the launch of a new six-storey rental building on October 2, 2025, in North Vancouver. The development, located at 140 W 19th Street in Central Lonsdale neighbourhood, will introduce 91 rental homes—including nine units designated as more affordable rentals—by late 2027.
“Breaking ground on this project reinforces our long-standing commitment to creating high-quality rental housing in North Vancouver and across Canada,” said Glenn Way, President of GWL Realty Advisors. “After opening the Bowline in Lower Lonsdale in 2023, we’re proud to continue expanding quality rental options for this growing community.”
When complete, the building will offer a mix of studio, one-, two-, and three-bedroom units tailored to families of all sizes. Each home will feature open-concept layouts, modern finishes, and generous natural light to create a welcoming, contemporary living environment.
Designed with community and lifestyle in mind, the building will include a range of shared amenities such as a fitness centre, social lounge, co-working spaces, and pet-friendly features like a dog run and pet wash station. Reflecting North Vancouver’s active culture, the development will also offer extensive bicycle storage, bike wash and repair facilities, and easy access to transit, shops, and natural amenities.
“The ground-breaking of the new six-storey rental building is a welcome step in expanding housing supply and increasing options for our growing community,” said Mayor Buchanan. “As housing costs continue to rise, more people struggle to live near where they work. This development will offer much-needed homes to meet the needs of individuals, couples, and families in the vibrant Central Lonsdale neighbourhood. I’m excited to see the project reach the completion stage, as demand for housing has never been greater.”
With North Vancouver’s vacancy rate at just 1.5 per cent, the project responds to urgent housing needs by offering a diverse mix of units, including adaptable layouts for singles, couples, and families. Construction is set to begin immediately, with completion expected within 28 months.
The project is being developed by GWLRA on behalf of the Great-West Life Canadian Real Estate Investment Fund (CREIF), which holds interests in 5,300 residential rental units nationwide. The Fund’s investment in 140 W 19th underscores its ongoing commitment to the Canadian housing sector.
