Originally constructed in 1949, the subject property is improved with a meticulously maintained three-storey, 11-unit apartment building on a 5,945 SF corner lot. Boasting nearly 160 feet of contiguous West Side frontage, the building’s freshly painted stucco façade and the modernised landscaping further strengthen the property’s curb appeal.
The Property is centralized within the heart of Vancouver’s West Side, placing it within walking distance to Fairview’s most sought-after amenities, including, Vancouver General Hospital, the South Granville Shopping District and West Broadway’s award-winning restaurants and national-brand retailers.
Separated from Downtown Vancouver only by the Granville and Cambie Street Bridges, Fairview is known as one of Vancouver’s most coveted multi-residential districts which has consistently enjoyed a near 0% vacancy rate and rapidly appreciating rental rates year-over-year.
The City’s area-defining Broadway Plan centred around the Broadway Subway Project will continue to propel a modern revitalization, based on enhancing the area through improved housing options and community investment. For this reason, the property will continue to benefit from the area’s proven rental demand and undeniable interest from investors looking to gain a foothold in one of Vancouver’s best performing rental markets.