[vc_row][vc_column][vc_single_image image="5325" img_size="full"][/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_1690491883180{margin-bottom: 0px !important;}"]
CIVIC ADDRESS
2026 Franklin Street
Vancouver, BC
PID
001-689-510
LEGAL DESCRIPTION
LOT 3, BLOCK 39, PLAN VAP178, DISTRICT LOT 184, GROUP 1, NEW WESTMINSTER LAND DISTRICT
YEAR BUILT
1910
ZONING
RM-3A
SITE SIZE
6039 SF | 49.5 x 122 Ft
OCP DESIGNATION
Cedar Cove Residential Core Land Use
LAUNDRY
Shared/Coin Operated
STABILIZED YEAR 1 NOI
$79,773
PRICE PER UNIT
$286,875
LIST PRICE
$2,295,000 | 3.47% Cap Rate
[/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1576884122022{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}"]
Schedule A Phone Consultation
[/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1686092157775{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 – BC is pleased to present the opportunity to acquire 2026 Franklin Street, a boutique 8-suite apartment building in a trendy East Vancouver neighbourhood with significant upside in rents and future redevelopment potential under the Grandview-Woodland Plan.[/vc_column_text][vc_text_separator title="Investment Highlights" title_align="separator_align_left"][vc_column_text]
Boutique 8-unit Apartment building in a trendy East Vancouver neighbourhood.
Located a block north of E. Hastings Street, tenants are just steps from amenities & services, the Brewery District, a host of family run shops and transit providing convenient access to downtown and throughout Metro Vancouver.
Low vacancy and strong demand for rentals in the area support the opportunity to grow the rental revenue in the building.
Grandview-Woodland OCP designation provides future development potential.
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space height="52px"][vc_text_separator title="Property Photos" title_align="separator_align_left"][vc_gallery type="image_grid" images="5318,5319,5320,5321,5322" img_size=""][/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="1/2"][vc_column_text]
GREG AMBROSE
Vice President
T +1 604 662 5178
greg.ambrose@cbre.com
[/vc_column_text][/vc_column_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_row_inner][vc_row_inner][vc_column_inner][vc_column_text]
[/vc_column_text][/vc_column_inner][/vc_row_inner][/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][vc_single_image image="5349" img_size="full"][/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_1686862620323{margin-bottom: 0px !important;}"]
CIVIC ADDRESS
1235 West 70th Avenue, Vancouver, BC
PID
013-782-461
YEAR BUILT
1952
SUITE MIX
9 - One Bedroom Suites
SITE SIZE
7,761 Sq. Ft.
OCP DESIGNATION
Marpole - Hudson Apartment up to 6-storey & 2.5 FSR
ZONING
RM-3A
NOI
$116,419 | 3.5% Cap Rate
LIST PRICE
$3,295,000 | $170 BSF
[/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1576884122022{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}"]
Schedule A Phone Consultation
[/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1686862704747{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 Marvista Manor Apartments offers investors the opportunity to acquire a cash-flowing apartment building with future redevelopment potential. The building is strategically located mid-block on West 70th Avenue just West of Oak Street in the growing Marpole neighbourhood on Vancouver’s westside. The property is walking distance 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 and convenient access to transit including the Canada line Marine Drive Station. The recent transformation of the nearby Granville Corridor and the Marine Gateway area has attracted an influx of new residents and notable retailers. Furthermore, the property is located in the Marpole Community Plan which supports redevelopment up to 6 storeys.[/vc_column_text][vc_text_separator title="Investment Highlights" title_align="separator_align_left"][vc_column_text]
Building is attractively priced at a 3.5% Cap Rate at $170/BSF.
Building is included in the Marpole OCP supporting redevelopment up to 6-storeys.
Property has benefited from improvements including new windows, updated common areas and renovations to a number of suites.
Marpole continues to provide one of the strongest rental markets for investors in Canada.
Marpole has one of the lowest vacancy rates in all of Metro Vancouver (0.4% in 2022).
Several rents in the building are below market providing upside and the opportunity to improve cash flow.
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space height="52px"][vc_text_separator title="Property Photos" title_align="separator_align_left"][vc_gallery type="image_grid" images="5349,5351,5352,5353,5354" img_size=""][/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="1/2"][vc_column_text]
GREG AMBROSE
Vice President
T +1 604 662 5178
greg.ambrose@cbre.com
[/vc_column_text][/vc_column_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_row_inner][vc_row_inner][vc_column_inner][vc_column_text]
[/vc_column_text][/vc_column_inner][/vc_row_inner][/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][vc_raw_js]JTNDc2NyaXB0JTNFd2luZG93LmxvY2F0aW9uLnJlcGxhY2UlMjglMjJodHRwcyUzQSUyRiUyRmNicmV2YW5jb3V2ZXIuY29tJTJGc2lkbmV5Ynl0aGVzZWElMkYlMjIlMjklM0IlM0MlMkZzY3JpcHQlM0UlMEE=[/vc_raw_js][/vc_column][/vc_row][vc_row][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text css=".vc_custom_1641851305500{margin-bottom: 0px !important;}"]
CIVIC ADDRESS
2433 Malaview Avenue & 10129 Fifth Street, Sidney, BC
SUITE TOTAL ( 2 Building Combined)
132
STATUS
Coming Soon
[/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1576537099141{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}"]
Schedule A Phone Consultation
[/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1636154195042{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}"][/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 – BC is excited to announce our upcoming new listing on a rare combination of two (2) exceptional multifamily rental properties that are conveniently located in the charming seaside community of Sidney on the Southern tip of Vancouver Island, just 25 minutes from Downtown Victoria, British Columbia.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Property Photos" title_align="separator_align_left"][vc_gallery type="image_grid" images="4541" img_size=""][/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
Associate Vice President
T +1 604 662 5178
greg.ambrose@cbre.com
[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner width="1/3"][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text][/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]
[vc_row][vc_column][vc_raw_js]JTNDc2NyaXB0JTNFd2luZG93LmxvY2F0aW9uLnJlcGxhY2UlMjglMjJodHRwcyUzQSUyRiUyRmNicmV2YW5jb3V2ZXIuY29tJTJGbGluY29sbmFwYXJ0bWVudHMlMkYlMjIlMjklM0IlM0MlMkZzY3JpcHQlM0UlMEE=[/vc_raw_js][/vc_column][/vc_row][vc_row][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text css=".vc_custom_1664317911931{margin-bottom: 0px !important;}"]
CIVIC ADDRESS
5335 200A Street, Langley, BC
SUITE TOTAL ( 2 Building Combined)
92
STATUS
Under Contract
[/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1576537099141{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}"]
Schedule A Phone Consultation
[/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1636154195042{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}"][/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 – BC is excited to announce our upcoming new listing on a rare combination of two (2) exceptional multifamily rental properties that are conveniently located in the charming seaside community of Sidney on the Southern tip of Vancouver Island, just 25 minutes from Downtown Victoria, British Columbia.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Property Photos" title_align="separator_align_left"][vc_gallery type="image_grid" images="4541" img_size=""][/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
Vice President
T +1 604 662 5178
greg.ambrose@cbre.com
[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner width="1/3"][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text][/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]
[vc_row disable_element="yes"][vc_column][vc_raw_js]JTNDc2NyaXB0JTNFd2luZG93LmxvY2F0aW9uLnJlcGxhY2UlMjglMjJodHRwcyUzQSUyRiUyRmNicmV2YW5jb3V2ZXIuY29tJTJGcGFycXVlLW9uLXBhcmslMkYlMjIlMjklM0IlM0MlMkZzY3JpcHQlM0U=[/vc_raw_js][/vc_column][/vc_row][vc_row][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text css=".vc_custom_1692137206423{margin-bottom: 0px !important;}"]
CIVIC ADDRESS
20449 Park Avenue, Langley, BC
YEAR BUILT
2022
# OF SUITES
93
SALE DATE
May 2023
SALE PRICE
$53,700,000
[/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1576537099141{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}"]
Schedule A Phone Consultation
[/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1636154195042{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}"][/vc_column_text][/vc_column][vc_column width="2/3"][vc_text_separator title="TRANSACTION DETAILS" title_align="separator_align_left"][vc_column_text]Brand New Purpose-Built 6-storey 93-suite apartment building located in one of B.C.'s hottest growth markets, Langley
The Parque on Park Apartments is a luxury apartment building that is highly amenitized with a rooftop patio, ground floor lounge, private fitness centre, off-leash dog park and secure underground parking with EV charging stations
Prime location in Langley minutes from the future SkyTrain station at 203rd Street and Fraser Highway
Our team leveraged our many years of experience in producing a market-setting transaction that both parties were very pleased with.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Property Photos" title_align="separator_align_left"][vc_gallery type="image_grid" images="4765,5604,5603,5605,5608,5610,5612" img_size=""][/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
Vice President
T +1 604 662 5178
greg.ambrose@cbre.com
[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner width="1/3"][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text][/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]
[vc_row full_width="stretch_row"][vc_column][vc_single_image image="5680" img_size="full" alignment="center"][/vc_column][/vc_row][vc_row][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text css=".vc_custom_1698709719645{margin-bottom: 0px !important;}"]
CIVIC ADDRESS
222 Rosehill Street, Nanaimo, BC
SUITE TOTAL
24
SUITE BREAKDOWN
3-Bachelors
21-One Bedrooms
SITE SIZE
17,394 SF
STATUS
SOLD
[/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1576537099141{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}"]
Schedule A Phone Consultation
[/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1698709660713{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}"] 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]CBRE National Apartment Group - BC is pleased to present the opportunity to acquire The Regency Manor Apartments in Nanaimo, BC. The 3-storey apartment building is improved with 24-suites and is located a block from the Nanaimo Harbourfront and just minutes from Downtown Nanaimo.
Originally constructed in 1974 and situated on a 17,424 Sq.Ft. lot, the property has recently benefited from a number of capital improvements.[/vc_column_text][vc_text_separator title="Investment Highlights" title_align="separator_align_left"][vc_column_text]EXCELLENT LOCATION: The property's central location and close proximity to Downtown Nanaimo and the Nanaimo Harbourfront
CAPITAL IMPROVEMENTS: Extensive capital has been invested into the building;
WELL-MAINTAINED ASSET: The building has been well-maintained, offering a prospective purchaser less work to do upon acquisition[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text][/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Property Photos" title_align="separator_align_left"][vc_gallery type="image_grid" images="5680" img_size=""][/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]
GREG AMBROSE
Vice President
T +1 604 662 5178
greg.ambrose@cbre.com
[/vc_column_text][/vc_column_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_row_inner][vc_row_inner][vc_column_inner width="1/3"][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text][/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]
[vc_row][vc_column][vc_raw_js]JTNDc2NyaXB0JTNFd2luZG93LmxvY2F0aW9uLnJlcGxhY2UlMjglMjJodHRwcyUzQSUyRiUyRmNicmV2YW5jb3V2ZXIuY29tJTJGc2lkbmV5Ynl0aGVzZWElMkYlMjIlMjklM0IlM0MlMkZzY3JpcHQlM0UlMEE=[/vc_raw_js][/vc_column][/vc_row][vc_row][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text css=".vc_custom_1641851305500{margin-bottom: 0px !important;}"]
CIVIC ADDRESS
2433 Malaview Avenue & 10129 Fifth Street, Sidney, BC
SUITE TOTAL ( 2 Building Combined)
132
STATUS
Coming Soon
[/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1576537099141{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}"]
Schedule A Phone Consultation
[/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1636154195042{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}"][/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 – BC is excited to announce our upcoming new listing on a rare combination of two (2) exceptional multifamily rental properties that are conveniently located in the charming seaside community of Sidney on the Southern tip of Vancouver Island, just 25 minutes from Downtown Victoria, British Columbia.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Property Photos" title_align="separator_align_left"][vc_gallery type="image_grid" images="4541" img_size=""][/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
Associate Vice President
T +1 604 662 5178
greg.ambrose@cbre.com
[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner width="1/3"][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text][/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]
[vc_row full_width="stretch_row"][vc_column][vc_single_image image="4717" img_size="full" alignment="center"][/vc_column][/vc_row][vc_row][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text css=".vc_custom_1665509315683{margin-bottom: 0px !important;}"]
CIVIC ADDRESS
1265 Cardero Street, Vancouver, BC
SUITE TOTAL
26
CAPITAL IMPROVEMENT
The building's roof was replaced, complete update; modernization to the elevator, boiler; holding tank replacement, front entrance lobby; exterior building upgrade and updates to a cross section of suites as required.
YEAR BUILT
1956
LOT SIZE
8,646 SF (approx.)
STATUS
SOLD
[/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1576537099141{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}"]
Schedule A Phone Consultation
[/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1645123898094{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}"] 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]CBRE National Apartment Group - BC is pleased to present the opportunity to acquire an extensively upgraded apartment building in Vancouver, British Columbia comprising of 26 suites on 1265 Cardero Street. The building has had a number of recent upgrades with the roof being replaced, a complete update & modernization to the elevator, front entrance lobby, boiler & holding tank replacement, exterior building upgrade, and updates to a cross section of suites as required.
The building is located in the highly desirable neighborhood on the southwest corner of Cardero and Burnaby Streets in the heart of Vancouver's prestigious West End Neighbourhood and steps away from English Bay. [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text][/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Property Photos" title_align="separator_align_left"][vc_gallery type="image_grid" images="4717,4718" img_size=""][/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]
KEVIN MURRAY
Senior Sales Associate
T +1 604 662 5171
kevin.murray4@cbre.com
[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner width="1/3"][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text][/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]
[vc_row full_width="stretch_row"][vc_column][vc_single_image image="4585" img_size="full" alignment="center"][/vc_column][/vc_row][vc_row][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text css=".vc_custom_1655241732348{margin-bottom: 0px !important;}"]
CIVIC ADDRESS
1621 St. Georges Avenue, North Vancouver, BC
SUITE TOTAL
14
CAPITAL IMPROVEMENT
The building was re-piped, a new IBC high-efficiency boiler installed, and an extensive three suite legalization and renovation to the ground floor
YEAR BUILT
1965
LOT SIZE
9,285 SF (approx.)
OCP DESIGNATION
Residential Level 5 (Medium Density)
STATUS
SOLD
[/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1576537099141{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}"]
Schedule A Phone Consultation
[/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1645123898094{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}"] 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]CBRE National Apartment Group - BC is pleased to present the opportunity to acquire an extensively upgraded apartment building in North Vancouver, British Columbia comprising of 14 suites on 1621 St. Georges Avenue. The building has had a number of recent upgrades with the building was re-piped in 2013*, a new IBC high-efficiency boiler installed in 2019*, and an extensive three suite legalization/renovation to the ground floor where the space was taken down to studs and rebuilt in 2013* to code. (*approximate date of work)
The building is located in the highly desirable neighborhood of Central Lonsdale in the City of North Vancouver and steps away from Loblaws City Market. It is also slated for higher densities as described in the CNV Official Community Plan.[/vc_column_text][vc_text_separator title="Investment Highlights" title_align="separator_align_left"][vc_column_text]EXCELLENT LOCATION: The property's central location and close proximity to Lower Lonsdale and the Lonsdale Quay provide convenient access to the SeaBus Station and Downtown Vancouver. The location also offers an abundance of tenant-friendly amenities such as grocery shopping in Whole Foods Market & Loblaws City Market as well as a variety of cafes and excellent restaurants;
VALUE-ADD OPPORTUNITY: With many of the rents significantly below market, the property provides investors with a value-add opportunity to significantly increase cash flow by raising rents to market upon turnover through a renovation program;
CAPITAL IMPROVEMENTS: Extensive capital has been invested into the building;
REDEVELOPMENT PROSPECT: The building is slated for higher densities under the current City of North Vancouver Official Community Plan which outlines a 2.60 floor space ratio for new rental residential buildings.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text][/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Property Photos" title_align="separator_align_left"][vc_gallery type="image_grid" images="4584,4585,4586" img_size=""][/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]
KEVIN MURRAY
Senior Sales Associate
T +1 604 662 5171
kevin.murray4@cbre.com
[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner width="1/3"][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text][/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]
[vc_row full_width="stretch_row"][vc_column][vc_single_image image="4717" img_size="full" alignment="center"][/vc_column][/vc_row][vc_row][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text css=".vc_custom_1665509315683{margin-bottom: 0px !important;}"]
CIVIC ADDRESS
1265 Cardero Street, Vancouver, BC
SUITE TOTAL
26
CAPITAL IMPROVEMENT
The building's roof was replaced, complete update; modernization to the elevator, boiler; holding tank replacement, front entrance lobby; exterior building upgrade and updates to a cross section of suites as required.
YEAR BUILT
1956
LOT SIZE
8,646 SF (approx.)
STATUS
SOLD
[/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1576537099141{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}"]
Schedule A Phone Consultation
[/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1645123898094{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}"] 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]CBRE National Apartment Group - BC is pleased to present the opportunity to acquire an extensively upgraded apartment building in Vancouver, British Columbia comprising of 26 suites on 1265 Cardero Street. The building has had a number of recent upgrades with the roof being replaced, a complete update & modernization to the elevator, front entrance lobby, boiler & holding tank replacement, exterior building upgrade, and updates to a cross section of suites as required.
The building is located in the highly desirable neighborhood on the southwest corner of Cardero and Burnaby Streets in the heart of Vancouver's prestigious West End Neighbourhood and steps away from English Bay. [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text][/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Property Photos" title_align="separator_align_left"][vc_gallery type="image_grid" images="4717,4718" img_size=""][/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]
KEVIN MURRAY
Senior Sales Associate
T +1 604 662 5171
kevin.murray4@cbre.com
[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner width="1/3"][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text][/vc_column_text][/vc_column_inner][vc_column_inner width="1/3"][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]