Apartment Property For Sale

Crystal Court Apartments

Summary

ADDRESS 8860 Montcalm Street, Vancouver, BC
YEAR BUILT 1964
BUILDING SIZE 24 Suites
SUITE MIX 9 x Bachelor Suites
14 X One Bedroom
1 X Two Bedroom Penthouse
Total = 24 Suites
NOI $210,708
PRICE PER SUITE $370,000
LIST PRICE $8,800,000

The Offering

CBRE Limited has been retained by the Owner on an exclusive basis to offer the 100% interest in the “8860 Montcalm Street Apartment Building”. This 3-storey plus Penthouse, 24-unit contemporary apartment building comprises a unique and desirable suite mix including; 1-two bedroom Penthouse suite complete with exterior deck and good views, 14 exceptionally large one bedroom suites and 9 well laid-out bachelor suites. The property is ideally situated in a proven rental market as Vancouver’s Marpole neighborhood has historically enjoyed high occupancy rates.

Location

COVETED MARPOLE LOCATION!

The “8860 Montcalm Street Apartment Building” is strategically located mid-block on Montcalm Street within the growing Marpole neighborhood on Vancouver’s west-side. The property is just steps from the South Granville Retail Commercial Corridor, providing immediate access to an excellent mix of restaurants, specialty shops & services, grocery and many other tenant-friendly amenities.

The recent influx and transformation of the nearby Granville Corridor and the Marine Gateway area has attracted new retailers and notable hot spots such as Shoppers Drug Mart, T&T Supermarket, Starbucks, Winners, Cineplex Cinemas, numerous banks and many other shops and services.

8860 Montcalm Street is steps to major bus routes and a 17-minute walk to the new rapid transit “Marine Drive Station” linking Richmond and the Airport with Downtown Vancouver which will continue to attract and retain quality tenants.

Contact

LANCE COULSON
Personal Real Estate Corporation
Executive Vice President
National Apartment Group - BC
CBRE Limited, Capital Markets
T +1 604 662 5141
lance.coulson@cbre.com

KEVIN MURRAY
Senior Sales Associate
National Apartment Group - BC
CBRE Limited, Capital Markets
T +1 604 662 5171
kevin.murray4@cbre.com

GREG AMBROSE
Associate Vice President
National Apartment Group - BC
CBRE Limited, Capital Markets
T +1 604 662 5178
greg.ambrose@cbre.com

Walk Score

Walk Score

79

Transit Score

59

Bike Score

95

Address:
8860 Montcalm Street vancouver