[vc_row][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text el_id="property_grid" css=".vc_custom_1568156476043{margin-bottom: 0px !important;}"] CIVIC ADDRESS 13555 96 Avenue, Surrey, BC PARCEL IDENTIFIER 029-902-975 YEAR BUILT 2018 SITE SIZE 49,901 Sq. Ft.* *All measurements are approximate SUITE MIX 125 x One Bedroom Suites 12 x One Bedroom + Den Suites 9 x Two Bedroom + Den Suites 146 Suites Total PARKING 169 Stalls BIKE PARKING 292 stalls + 6 visitor stalls STATUS FIRM DEAL [/vc_column_text][/vc_column][vc_column width="2/3"][vc_text_separator title="The Opportunity" title_align="separator_align_left"][vc_column_text]The Fusion Apartments is a newly built, luxury 146-suite purpose-built rental apartment building conveniently located on "The George" in Surreys vibrant urban center, just minutes from King George SkyTrain station and an abundance of amenities. The area is rapidly developing with a new medical technology hub, a growing financial district, and is in close proximity to some of the top post-secondary institutions, including Simon Fraser University. Fusion Apartments is conveniently located near Highway 1, connecting tenants to Downtown Vancouver in approximately 45 minutes. Additionally, King George SkyTrain station is a short walk from the property, providing convenient access to Downtown Vancouver and other municipalities along the Expo Line. With its modern design and ideal location in Surreys Urban center, Fusion truly is the perfect mix of comfort, luxury, and convenience.[/vc_column_text][vc_text_separator title="Building Features" title_align="separator_align_left"][vc_column_text] Modern, well laid-out suites with professionally designed interiors to maximize comfort and efficiency; Fully equipped kitchens with stainless steel appliances including refrigerators, stoves, and dishwashers, custom designed cabinetry, modern chrome pulls, white porcelain tile backsplash, and quartz counter tops; Suite highlights include: premium wide plank laminate flooring, in-suite laundry, keyless suite entry, and spacious balconies and terraces; Select units come with 12’ high ceilings; European styled bathrooms are equipped with beautifully designed cabinets, polished chrome plumbing fixtures, large porcelain floor and shower wall tiles, and a spacious soaker tub; Average suite sizes range from 484 Sq. Ft. - 1,300 Sq. Ft., with a suite mix consisting of: one-bedroom suites, one bedroom + den suites, and 2 bedroom + den suites; 3 Levels of underground parking providing a total of 169 parking stalls. [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Property Photos" title_align="separator_align_left"][/vc_column][/vc_row][vc_row][vc_column][vc_gallery type="image_grid" images="3064,3065,3066,3067" img_size="280 X 280"][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Contact" title_align="separator_align_left"][vc_row_inner][vc_column_inner width="1/3"][vc_column_text] LANCE COULSON Personal Real Estate Corporation Executive Vice President T +1 604 662 5141 lance.coulson@cbre.com [/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] GREG AMBROSE Senior Sales Associate T +1 604 662 5178 greg.ambrose@cbre.com [/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text][/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]

[vc_row][vc_column width="1/3"][vc_text_separator title="SUMMARY" el_id="offering"][vc_column_text el_id="property_grid" css=".vc_custom_1554158709294{margin-bottom: 0px !important;}"] STATUS FIRM DEAL YEAR BUILT 1964 SITE SIZE 21,600 SF SUITE MIX 7 X One Bedroom 10 X Two Bedroom 3 X Three Bedroom Total = 20 Suites NOI $170,973 PRICE PER SUITE $220,000 CAP RATE Current: 3.88% Potential: 5.73% [/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1539734763826{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}" el_class="schedule_appointment"] Request More Information [/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1554158787382{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}" el_class="brochure"]           Download Brochure[/vc_column_text][/vc_column][vc_column width="2/3" el_class="property_content"][vc_text_separator title="The Offering" title_align="separator_align_left"][vc_column_text]The CBRE National Apartment Group has been retained by the Owner on an exclusive basis to offer the 100% interest in the “Columbia Apartments,” a fully leased, well-maintained 20-suite rental apartment building conveniently located in Greater Victoria in the Township of Esquimalt. The offering represents the opportunity for investors to acquire an apartment building with an excellent suite mix with significant upside potential to increase cash-flow and yield by moving rents to market on turnover. Furthermore, Esquimalt’s OCP is currently under review and the large 21,600 Sq. Ft. property may offer future redevelopment potential.[/vc_column_text][vc_text_separator title="Location" title_align="separator_align_left"][vc_column_text]Located in the Township of Esquimalt, The Columbia Apartments is centrally located just minutes from Victoria’s vibrant downtown core, the Parliament Buildings and Victoria’s Inner Harbor. The City of Victoria is the capital of British Columbia and is located on the southern tip of Vancouver Island, overlooking the Strait of Juan de Fuca. The property’s location also provides convenient access to Langford, one of Victoria’s fastest growing communities and benefits from being directly on public transportation providing tenants with transportation options for work and shopping. Furthermore, the property is situated directly across the street from Victoria’s infamous Galloping Goose Trail, a bicycle and pedestrian-friendly trail network connecting Langford and a number of other neighborhoods to downtown Victoria.[/vc_column_text][/vc_column][/vc_row][vc_row full_width="stretch_row" disable_element="yes" css=".vc_custom_1523919993135{background-color: #f2f2f2 !important;}"][vc_column el_id="location"][vc_text_separator title="Location"][vc_column_text]The “Garden Manor Apartments” is strategically located on the northwest corner of Garden Avenue and Triumph Street within East Vancouver’s trendy Grandview Woodland Neighborhood. The subject property is just minutes from Downtown Vancouver, the Trans-Canada Highway, the North Shore and Vancouver Harbour. Garden Manor is within walking distance to the transforming East Hastings Corridor, which is being rejuvenated with numerous planned mixed-use developments comprising a complementary mix of residential, retail, shops and services. The property is also conveniently located just a few blocks from Commercial Drive comprising an electric mix of restaurants, specialty shops & services, grocery and many other tenant-friendly amenities. The recent influx and transformation of the area surrounding the subject property has attracted new retailers and notable hot spots such as JJ Bean Coffee Roasters, Parallel 49 Brewing Company, The Red Wagon and the Tacofino Commissary, which are all located in close proximity to the Garden Manor Apartments. 2285 Triumph Street's close proximity to Downtown Vancouver, walking distance to an excellent cross section of tenant-friendly amenities and its location in a safe, quiet and friendly neighborhood will continue to attract and retain quality tenants. [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/3"][vc_text_separator title="Contact" title_align="separator_align_left"][vc_column_text]Lance Coulson Personal Real Estate Corporation Executive Vice President T +1 604 662 5141 lance.coulson@cbre.com[/vc_column_text][vc_column_text] GREG AMBROSE Senior Sales Associate T +1 604 662 5178 greg.ambrose@cbre.com [/vc_column_text][vc_column_text][/vc_column_text][/vc_column][vc_column width="2/3" css=".vc_custom_1524083617313{margin-top: 0px !important;margin-bottom: 0px !important;}" el_id="walkscore"][vc_row_inner el_class="walkscore"][vc_column_inner width="1/3"][vc_column_text] Walk Score [/vc_column_text][vc_cta h2="Walk Score" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_walk" i_color="white" i_size="xl" css=".vc_custom_1528412942233{background-color: #0f3b46 !important;border-radius: 25px !important;}"]54[/vc_cta][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] Transit Score [/vc_column_text][vc_cta h2="" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_bus" i_color="white" i_size="xl" css=".vc_custom_1528412949994{background-color: #0f3b46 !important;border-radius: 25px !important;}"]43[/vc_cta][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]

[vc_row][vc_column width="1/3"][vc_text_separator title="SUMMARY" el_id="offering"][vc_column_text el_id="property_grid" css=".vc_custom_1554158709294{margin-bottom: 0px !important;}"] STATUS FIRM DEAL YEAR BUILT 1964 SITE SIZE 21,600 SF SUITE MIX 7 X One Bedroom 10 X Two Bedroom 3 X Three Bedroom Total = 20 Suites NOI $170,973 PRICE PER SUITE $220,000 CAP RATE Current: 3.88% Potential: 5.73% [/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1539734763826{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}" el_class="schedule_appointment"] Request More Information [/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1554158787382{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}" el_class="brochure"]           Download Brochure[/vc_column_text][/vc_column][vc_column width="2/3" el_class="property_content"][vc_text_separator title="The Offering" title_align="separator_align_left"][vc_column_text]The CBRE National Apartment Group has been retained by the Owner on an exclusive basis to offer the 100% interest in the “Columbia Apartments,” a fully leased, well-maintained 20-suite rental apartment building conveniently located in Greater Victoria in the Township of Esquimalt. The offering represents the opportunity for investors to acquire an apartment building with an excellent suite mix with significant upside potential to increase cash-flow and yield by moving rents to market on turnover. Furthermore, Esquimalt’s OCP is currently under review and the large 21,600 Sq. Ft. property may offer future redevelopment potential.[/vc_column_text][vc_text_separator title="Location" title_align="separator_align_left"][vc_column_text]Located in the Township of Esquimalt, The Columbia Apartments is centrally located just minutes from Victoria’s vibrant downtown core, the Parliament Buildings and Victoria’s Inner Harbor. The City of Victoria is the capital of British Columbia and is located on the southern tip of Vancouver Island, overlooking the Strait of Juan de Fuca. The property’s location also provides convenient access to Langford, one of Victoria’s fastest growing communities and benefits from being directly on public transportation providing tenants with transportation options for work and shopping. Furthermore, the property is situated directly across the street from Victoria’s infamous Galloping Goose Trail, a bicycle and pedestrian-friendly trail network connecting Langford and a number of other neighborhoods to downtown Victoria.[/vc_column_text][/vc_column][/vc_row][vc_row full_width="stretch_row" disable_element="yes" css=".vc_custom_1523919993135{background-color: #f2f2f2 !important;}"][vc_column el_id="location"][vc_text_separator title="Location"][vc_column_text]The “Garden Manor Apartments” is strategically located on the northwest corner of Garden Avenue and Triumph Street within East Vancouver’s trendy Grandview Woodland Neighborhood. The subject property is just minutes from Downtown Vancouver, the Trans-Canada Highway, the North Shore and Vancouver Harbour. Garden Manor is within walking distance to the transforming East Hastings Corridor, which is being rejuvenated with numerous planned mixed-use developments comprising a complementary mix of residential, retail, shops and services. The property is also conveniently located just a few blocks from Commercial Drive comprising an electric mix of restaurants, specialty shops & services, grocery and many other tenant-friendly amenities. The recent influx and transformation of the area surrounding the subject property has attracted new retailers and notable hot spots such as JJ Bean Coffee Roasters, Parallel 49 Brewing Company, The Red Wagon and the Tacofino Commissary, which are all located in close proximity to the Garden Manor Apartments. 2285 Triumph Street's close proximity to Downtown Vancouver, walking distance to an excellent cross section of tenant-friendly amenities and its location in a safe, quiet and friendly neighborhood will continue to attract and retain quality tenants. [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/3"][vc_text_separator title="Contact" title_align="separator_align_left"][vc_column_text]Lance Coulson Personal Real Estate Corporation Executive Vice President T +1 604 662 5141 lance.coulson@cbre.com[/vc_column_text][vc_column_text] GREG AMBROSE Senior Sales Associate T +1 604 662 5178 greg.ambrose@cbre.com [/vc_column_text][vc_column_text][/vc_column_text][/vc_column][vc_column width="2/3" css=".vc_custom_1524083617313{margin-top: 0px !important;margin-bottom: 0px !important;}" el_id="walkscore"][vc_row_inner el_class="walkscore"][vc_column_inner width="1/3"][vc_column_text] Walk Score [/vc_column_text][vc_cta h2="Walk Score" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_walk" i_color="white" i_size="xl" css=".vc_custom_1528412942233{background-color: #0f3b46 !important;border-radius: 25px !important;}"]54[/vc_cta][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] Transit Score [/vc_column_text][vc_cta h2="" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_bus" i_color="white" i_size="xl" css=".vc_custom_1528412949994{background-color: #0f3b46 !important;border-radius: 25px !important;}"]43[/vc_cta][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]

[vc_row][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text el_id="property_grid" css=".vc_custom_1553617288747{margin-bottom: 0px !important;}"] STATUS FIRM DEAL YEAR BUILT 1959 SITE SIZE Approx. 8,234 Sq. Ft SUITE MIX 11 X one-bedroom Suites STABILIZED NOI $147,909* CAP RATE 4.6% TENURE Title will be delivered free and clear of all financial encumbrances [/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1539734206241{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}" el_class="schedule_appointment"] Request More Information [/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1547167683164{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}" el_class="brochure"]           Download Brochure[/vc_column_text][/vc_column][vc_column width="2/3"][vc_text_separator title="The Opportunity" title_align="separator_align_left"][vc_column_text]The CBRE National Apartment Group has been retained by the Owner on an exclusive basis to offer the 100% interest in the “Daytona Apartments”, a well-maintained 11-suite rental apartment building located in the highly desirable James Bay neighbourhood of Greater Victoria. The offer represents the opportunity for investors to acquire an apartment building which has benefitted from numerous capital improvements in one of the best locations in Victoria. Furthermore, there is a unique opportunity to acquire the building and immediately move the rents to market, generating an attractive initial yield for investors. Call Greg or Lance to learn more. *Owner occupying 3 units and renting 3 furnished on a minimum 30 day rentals. Owner will provide these 6 units vacant or shortly after closing and stabalized NOI is based on releasing these units at market rents of $1,450/m[/vc_column_text][vc_text_separator title="Prime Victoria Location" title_align="separator_align_left"][vc_column_text]The Daytona Apartments is located in the City of Victoria, the capital of British Columbia, on the southern tip of Vancouver Island overlooking the Strait of Juan de Fuca. Situated in James Bay, Victoria’s oldest neighbourhood, this highly coveted location is known for its lively waterfront and charming Victorian houses. The Daytona Apartments is centrally located just minutes from Victoria’s vibrant downtown core, the Parliament Buildings and Victoria’s Inner Harbor. Furthermore, the building is just steps from Beacon Hill Park and the Dallas Rd Waterfront Trail, and is a short walk from the James Bay commercial hub centered at the intersection of Menzies and Simcoe Streets, offering tenants easy access to recreation, amenities and transit. The buildings’ highly desirable location, proximity to Downtown Victoria, the legislature Buildings and convenient access to recreation and amenities ensures it will continue to attract and retain quality tenants for years to come.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] [/vc_column_text][vc_row_inner el_class="walkscore"][vc_column_inner width="1/4"][vc_column_text] Walkers Paradise [/vc_column_text][vc_cta h2="Walk Score" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_walk" i_color="white" i_size="xl" css=".vc_custom_1553712770010{background-color: #0f3b46 !important;border-radius: 25px !important;}"] 71 [/vc_cta][/vc_column_inner][vc_column_inner width="1/4"][vc_column_text] Vacancy Rate [/vc_column_text][vc_cta h2="Walk Score" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-home" i_color="white" i_size="xl" css=".vc_custom_1553712777527{background-color: #0f3b46 !important;border-radius: 25px !important;}"] 0.5%* [/vc_cta][/vc_column_inner][vc_column_inner width="1/4"][vc_column_text] Est. Population [/vc_column_text][vc_cta h2="Walk Score" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-people_outline" i_color="white" i_size="xl" css=".vc_custom_1547169497638{background-color: #0f3b46 !important;border-radius: 25px !important;}"] 55,261** [/vc_cta][/vc_column_inner][vc_column_inner width="1/4"][vc_column_text] Rented Dwellings [/vc_column_text][vc_cta h2="Walk Score" txt_align="center" el_width="sm" add_icon="top" i_icon_fontawesome="fa fa-percent" i_color="white" i_size="xl" css=".vc_custom_1553712786292{background-color: #0f3b46 !important;border-radius: 25px !important;}"] 56.6%** [/vc_cta][/vc_column_inner][/vc_row_inner][vc_column_text]*CMHC Victoria Rental Market Report | **Within 3 km of the Subject Property[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Property Photos" title_align="separator_align_left"][/vc_column][/vc_row][vc_row][vc_column][vc_gallery type="image_grid" images="2482,2483,2474,2476,2478,2479,2480,2481" img_size="275 x 275"][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Contact" title_align="separator_align_left"][vc_row_inner][vc_column_inner width="1/3"][vc_column_text] LANCE COULSON Personal Real Estate Corporation Executive Vice President T +1 604 662 5141 lance.coulson@cbre.com [/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] GREG AMBROSE Senior Sales Associate T +1 604 662 5178 greg.ambrose@cbre.com [/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text][/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]

[vc_row][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text el_id="property_grid" css=".vc_custom_1533858320055{margin-bottom: 0px !important;}"] STATUS FIRM DEAL BUILDING SIZE - 2154 Dundas St 11,395 Sq. Ft. BUILDING SIZE - 2164 Dundas St 6,039 Sq. Ft CURRENT IMPROVEMENT 2154 Dundas St - 18 Suite Apartment Building 2164 Dundas St - 3 Suite Rental House CURRENT ZONING RM-3A Multi Family Dwelling OCP DESIGNATION Cedar Cove Dundas Shopping Node Land Use INCOME IN PLACE Contact Agents for Details [/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1523989131941{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}" el_class="schedule_appointment"] Schedule Appointment [/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1533858539945{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}" el_class="brochure"]           Download Brochure[/vc_column_text][/vc_column][vc_column width="2/3" el_class="property_content"][vc_text_separator title="The Offering" title_align="separator_align_left"][vc_column_text]The offering consists of two separate properties (herein referred to as the “Property”) which includes a three storey, 18-suite rental apartment building at 2154 Dundas Street and a 3-suite rental house located at 2164 Dundas Street, providing a good holding income. 2154 Dundas Street contains 18 suites and recently underwent an extensive retrofit which included updated plumbing and electrical and is currently 100% occupied. 2164 Dundas Street is a rental house containing 3 self-contained two and three bedroom suites. The property has a new roof, some interior improvements and is currently vacant, providing the purchaser with flexibility while considering redevelopment.[/vc_column_text][vc_text_separator title="Location" title_align="separator_align_left"][vc_column_text] Strategically located on the Southwest corner of Templeton Drive and Dundas Street in the heart of East Vancouver’s trendy Grandview-Woodland Neighborhood. The Subject Property is situated just minutes from Downtown Vancouver, East Hastings Street and Highway 1, providing quick and easy access throughout Vancouver and neighboring municipalities. Located in the rapidly transitioning Port Town, just a few short blocks from the Hastings-Sunrise neighborhood providing access to a host of tenant-friendly amenities. The Property enjoys excellent public transit service with a Translink bus stop situated immediately in front of the building providing tenants, businesses and their clients with direct access to Downtown Vancouver and reliable transportation throughout Metro Vancouver. The recent influx and transformation of the area surrounding the Subject Property has attracted new retailers and notable hot spots such as JJ Bean Coffee Roasters, Parallel 49 Brewing Company and Tacofino Commissary, which are all located in close proximity to the Subject Property. [/vc_column_text][/vc_column][/vc_row][vc_row full_width="stretch_row" disable_element="yes" css=".vc_custom_1523919993135{background-color: #f2f2f2 !important;}"][vc_column el_id="location"][vc_text_separator title="Location"][vc_column_text]The “Garden Manor Apartments” is strategically located on the northwest corner of Garden Avenue and Triumph Street within East Vancouver’s trendy Grandview Woodland Neighborhood. The subject property is just minutes from Downtown Vancouver, the Trans-Canada Highway, the North Shore and Vancouver Harbour. Garden Manor is within walking distance to the transforming East Hastings Corridor, which is being rejuvenated with numerous planned mixed-use developments comprising a complementary mix of residential, retail, shops and services. The property is also conveniently located just a few blocks from Commercial Drive comprising an electric mix of restaurants, specialty shops & services, grocery and many other tenant-friendly amenities. The recent influx and transformation of the area surrounding the subject property has attracted new retailers and notable hot spots such as JJ Bean Coffee Roasters, Parallel 49 Brewing Company, The Red Wagon and the Tacofino Commissary, which are all located in close proximity to the Garden Manor Apartments. 2285 Triumph Street's close proximity to Downtown Vancouver, walking distance to an excellent cross section of tenant-friendly amenities and its location in a safe, quiet and friendly neighborhood will continue to attract and retain quality tenants. [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/3"][vc_text_separator title="Contact" title_align="separator_align_left"][vc_row_inner][vc_column_inner width="1/2"][vc_column_text]LANCE COULSON Personal Real Estate Corporation Executive Vice President T +1 604 662 5141 lance.coulson@cbre.com[/vc_column_text][/vc_column_inner][vc_column_inner width="1/2"][vc_column_text] GREG AMBROSE Senior Sales Associate T +1 604 662 5178 greg.ambrose@cbre.com [/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][vc_column width="2/3" css=".vc_custom_1524083617313{margin-top: 0px !important;margin-bottom: 0px !important;}" el_id="walkscore"][vc_row_inner el_class="walkscore"][vc_column_inner width="1/3"][vc_column_text] Walk Score [/vc_column_text][vc_cta h2="Walk Score" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_walk" i_color="white" i_size="xl" css=".vc_custom_1533858449644{background-color: #0f3b46 !important;border-radius: 25px !important;}"]90[/vc_cta][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] Transit Score [/vc_column_text][vc_cta h2="" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_bus" i_color="white" i_size="xl" css=".vc_custom_1533858462435{background-color: #0f3b46 !important;border-radius: 25px !important;}"]71[/vc_cta][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text] Bike Score [/vc_column_text][vc_cta h2="" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_bike" i_color="white" i_size="xl" css=".vc_custom_1533858472057{background-color: #0f3b46 !important;border-radius: 25px !important;}"]92[/vc_cta][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_gallery type="image_grid" images="1706,1707,1708,1709,1710"][/vc_column][/vc_row]

[vc_row][vc_column][vc_row_inner][vc_column_inner width="1/2"][vc_column_text] List Price Firm Deal CAP RATE 4.5% NOI $96,046 YEAR BUILT 1951 BUILDING SIZE 11 Suites OCCUPANCY 100% ZONING C-3 [/vc_column_text][/vc_column_inner][vc_column_inner width="1/2"][vc_text_separator title="The Offering"][vc_column_text]The CBRE National Apartment Group has been retained by the Owner on an exclusive basis to offer the 100% interest in the “West End Apartments”. This 11-suite rental apartment building is centrally located on the south side of Esquimalt Road in Greater Victoria. The offering presents the opportunity for investors to acquire a 100% leased rental property that offers the ability to increase cash-flow and yield by renovating and updating suites as they turn over and leasing them at higher market rents.[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_row_inner][vc_column_inner width="1/2"][vc_text_separator title="Building Features"][vc_column_text] Contemporary three-storey rental apartment building constructed circa 1951 comprising wood-frame construction presumed to be set on a concrete slab foundation with reinforced concrete perimeter footings; 11 Residential suites comprising 4 studio suites, 6 one-bedroom suites and a two-bedroom suite. Two of the studio suites have direct exterior access; All suites are self-contained and include a four-piece bathroom, with a sink and vanity, a toilet and a bathtub with shower and tile surround Additional revenue is generated by the 4 garages and additional storage units located at the rear of the property The ground floor contains the boiler room, the electrical room, the laundry room (1-washer & 1-dryer) The boiler is a new high-efficiency unit. [/vc_column_text][/vc_column_inner][vc_column_inner width="1/2"][vc_text_separator title="Parking & Site"][vc_column_text] The building is situated towards the front of the 7,860 sq. ft. site, with parking and garages located behind towards the southern property line. There is parking for approximately 4 vehicles behind the building. [/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column width="1/2"][vc_text_separator title="Location"][vc_column_text]The West End Apartments is centrally located on Esquimalt Road in the Township of Esquimalt, in the heart of Greater Victoria, just minutes from the Victoria Downtown Core, the Parliament Buildings and Victoria’s Inner Harbour. The City of Victoria is the capital of British Columbia and is located on the southern tip of Vancouver Island, overlooking the Strait of Juan de Fuca. Tenants of The West End Apartments enjoy convenient access to a significant cross section of local amenities including grocery shopping, shops and services, a selection of restaurants, financial institutions, specialty retailers and numerous city parks. The property benefits from being on the public transportation line with a transit stop conveniently located just a few steps away offering tenants in the building hassle-free transportation options for work and shopping. The subject property is also located next to the Esquimalt Plaza, a grocery anchored Shopping Centre. The building’s location within a quiet and friendly neighborhood and its close proximity to downtown Victoria and amenities will allow it to continue to attract and retain quality tenants.[/vc_column_text][/vc_column][vc_column width="1/2"][vc_row_inner][vc_column_inner][vc_btn title="Download Brochure" color="green" align="center" i_icon_fontawesome="fa fa-book" button_block="true" add_icon="true" link="url:http%3A%2F%2Fwww.cbre.ca%2FAssetLibrary%2F1177EsquimaltRd_Brochure_2018.pdf|||"][/vc_column_inner][/vc_row_inner][vc_text_separator title="Contact"][vc_column_text] Lance Coulson Personal Real Estate Corporation Executive Vice President T +1 604 662 5141 lance.coulson@cbre.com Greg Ambrose Senior Sales Associate T +1 604 662 5178 greg.ambrose@cbre.com [/vc_column_text][/vc_column][/vc_row]