[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]

[vc_row][vc_column][vc_raw_js]JTNDc2NyaXB0JTNFd2luZG93LmxvY2F0aW9uLnJlcGxhY2UlMjglMjJodHRwcyUzQSUyRiUyRmNicmV2YW5jb3V2ZXIuY29tJTJGdHdpbmxha2VzdG93bmhvbWVzJTJGJTIyJTI5JTNCJTNDJTJGc2NyaXB0JTNFJTBB[/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_1647291940278{margin-bottom: 0px !important;}"] CIVIC ADDRESS 3701 Princess Avenue, North Vancouver, BC UNIT TOTAL 57 Units STATUS Firm Deal [/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_1633633381296{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}"]           Brochure Download[/vc_column_text][/vc_column][vc_column width="2/3"][vc_text_separator title="The Opportunity" title_align="separator_align_left"][vc_column_text]Situated in a private oasis in the heart of the North Shore mountains, Twin Lakes Townhomes is ideally located in the Upper Lonsdale neighborhood of North Vancouver in close proximity to both the Lonsdale Commercial corridor and the abundance of shops and services provided in the Lynn Valley Town Centre. The Twin Lakes Townhomes is a large scale townhome rental complex consisting of 7 separate buildings with a total of 57 townhouse rental units. The townhouse’s are a mix of large 2 and 3 bedroom family oriented suites with each unit comprising a private fenced yard, patios and a 2 vehicle carport with secured storage. Twin Lakes is situated on an immaculate 9.43 acre landscaped land parcel that provides private nature paths, bridges over lakes and offers a secure and heated swimming pool on the property for tenant enjoyment.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="LOCATION MAP (CLICK TO ENLARGE)" title_align="separator_align_left"][vc_gallery type="image_grid" images="4382" img_size=""][/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="4386,4450,4452,4454,4451,4385,4384,4383,4456,4455,4453" 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_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 width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text css=".vc_custom_1646960877350{margin-bottom: 0px !important;}"] CIVIC ADDRESS 220 East 12th St, North Vancouver, BC SUITE TOTAL 11 CAPITAL IMPROVEMENT Building Re-Piped, Drain-tile replaced, New water & storm hook up, New IBC boiler YEAR BUILT 1958 LOT SIZE 8,044 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_1645123098791{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 a well-located apartment building in North Vancouver, British Columbia comprising of 11 suites on 220 East 12th Avenue. The building has been well maintained and upgraded in a first-class manner with extensive capital invested over the past several years: exterior drain tile being completely replaced, including a new hook up to the CNV stormwater system, a new IBC high-efficiency boiler is installed, and the building was completely re-piped. The building is located in the highly desirable neighborhood of Central Lonsdale in the City of North Vancouver and steps away from Lions Gate Hospital and Whole Foods 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][/vc_row][vc_row][vc_column][vc_text_separator title="Property Photos" title_align="separator_align_left"][vc_gallery type="image_grid" images="4564,4582,4581" 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][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text css=".vc_custom_1645124756081{margin-bottom: 0px !important;}"] CIVIC ADDRESS 146 East 12th St, North Vancouver, BC SUITE TOTAL 18 LOT SIZE 13.962 SF  (approx.) OCP FLOOR SPACE RATIO (FSR) 2.60 POTENTIAL DENSITY 36,300 SF  (approx.) OCP DESIGNATION Residential Level 5 (Medium Density) STATUS Firm deal [/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_1645124883275{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 a well-located apartment building in North Vancouver, British Columbia comprising of 18 suites on 146 East 12th Avenue with re-development potential. The building is located in the highly desirable neighborhood of Central Lonsdale in the City of North Vancouver and steps away from Whole Foods 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][/vc_row][vc_row][vc_column][vc_text_separator title="Property Photos" title_align="separator_align_left"][vc_gallery type="image_grid" images="4563" 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][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text css=".vc_custom_1649183951587{margin-bottom: 0px !important;}"] CIVIC ADDRESS 2525 Birch Street, Vancouver, BC PID 003-675-980 and 003-675-998 CURRENT IMPROVEMENT 4 storey, rental apartment building substantially retrofitted 2012/2013 SUITE TOTAL 17 LOT SIZE 8,000 SF (approx.) ZONING RM-3; Multiple Family Dwelling 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_1646327643699{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]The CBRE National Apartment Group-BC is pleased to present the unique opportunity to acquire 2525 Birch Street, Vancouver; a newer vintage, extensively retrofitted, 4-storey, 17 suite rental apartment building centrally located just a half a block south of the intersection of Birch & West Broadway in close proximity to 2 future SkyTrain stations. The subject property is only a five-minute drive from Downtown Vancouver and is more prominently situated in the heart of the prestigious Fairview Neighborhood, long regarded as one of the strongest rental markets in Canada! This is an opportunity for prospective purchasers to acquire a newer value-add rental apartment building that has already received extensive capital improvements and, given its strategic location just off W Broadway, is well-positioned to benefit from the future Millennium Line Broadway SkyTrain extension that will have stations just steps from the property on the intersections of both Oak and Granville Streets.[/vc_column_text][vc_text_separator title="Investment Highlights" title_align="separator_align_left"][vc_column_text]Prime Westside Location: Located 1/2 block off the W Broadway Commercial Corridor, tenants of 2525 Birch Street are just steps to transit, amenities, the Granville Retail corridor, 3 blocks from the Vancouver General Hospital and just a 5-minute drive from Downtown Vancouver...! Newer Building with Extensive Updates: Originally built in 1989, the building underwent extensive upgrades in 2012 / 2013 including a new torch-on roof, complete exterior envelope with new rainscreen & siding, new windows, new sliders, new balconies, and new railings. The building was also re-piped at the same time, thus minimizing any major capital expenditure items for an investor in the near future. SkyTrain Millennium Line Broadway Extension: Located just steps from W Broadway and a short walk from two future Skytrain Stations at Granville and Oak Streets, 2525 Birch Street is well-positioned to benefit from the Millennium Line Broadway Extension which is scheduled for completion in 2025. Rental Income Upside: With many of the suites at below-market rents, there is a significant income upside opportunity to modernize the suites upon turnover and re-lease at market rents.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="LOCATION MAP (CLICK TO ENLARGE)" title_align="separator_align_left"][vc_gallery type="image_grid" images="4371" img_size=""][/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="4351,4373,4374,4375,4376" 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_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][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text css=".vc_custom_1646758384932{margin-bottom: 0px !important;}"] CIVIC ADDRESS 1918 Haro Street, Vancouver, BC PID 015-739-333 SUITE MIX Bachelor         2 One Bed        19   Total =       21 ZONING RM-5B PARKING 6 Surface Stalls STATUS Sold (February 2022) [/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1615920024006{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_1623173353300{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 has been retained by the Owner on an exclusive basis to offer the 100% interest in the property located at 1918 Haro St Vancouver BC. The Sherlan Apartments is a wood frame three storey apartment building constructed in 1958 and is comprised of 21 rental suites. The property is situated in the highly sought after West End neighborhood and just West of Denman St. The offering presents an opportunity for investors to acquire a well maintained building with significant upside on income upon tenant turnover. The property is currently 100% occupied and has been managed by the same ownership group for over 25 years with an onsite caretaker. There have been several capital upgrades within the last five years which includes several renovated suites, exterior paint, common area lobby and re-piping of water lines reducing the need for any immediate cap ex.[/vc_column_text][vc_text_separator title="Investment Highlights" title_align="separator_align_left"][vc_column_text]THE SHERLAN APARTMENTS ENJOYS ONE OF THE MOST PROMINENT LOCATIONS IN CANADA The Sherlan Apartments is prominently situated one block west of Denman Street and just steps to the world famous Stanley Park in the heart of Vancouver’s prestigious “West End” neighborhood. The subject property is in close proximity to English Bay, a number of popular beaches, cross section of restaurants and shops on Denman, Davie & Robson Streets and walking distance to Vancouver’s Downtown and central business district. PROPERTY HAS BEEN WELL MAINTAINED AND BENEFITED FROM A NUMBER OF CAPITAL UPGRADES The subject property has been well maintained by the current owner and has benefited from a number of capital upgrades in recent years including: several renovated suites, exterior paint, common area lobby and re-piping of water lines. These upgrades and improvements will be a benefit in lowering the operating expenses for some utilities and minimize the amount of major capital upgrades that will be required to the building in the coming years. OPPORTUNITY TO GROW THE EXISTING CASH FLOW AND OVERALL YIELD The existing in place blended rent is currently averaging in the low $2.25 per square foot, as a result of majority of the suites’ rents are significantly below market. This will provide a new purchaser with the opportunity to increase cash flow and overall yield through the modernization of suites upon tenant turnover and re-leasing at the current market rents. TAKE ADVANTAGE OF CURRENT HISTORICALLY LOW INTEREST RATES The Sherlan Apartments will be sold free and clear of all financial encumbrances allowing a prospective purchaser to take source a new mortgage for their purchaser and take advantage of the current historically low mortgage rates that are currently available in the market place.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_video link="https://youtu.be/kAwqU0s9SM4" title="Property Video"][vc_row_inner][vc_column_inner][vc_empty_space height="42px"][/vc_column_inner][/vc_row_inner][/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="4206,4237" img_size=""][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="PROPERTY PHOTO (CLICK TO ENLARGE)"][vc_single_image image="4205" img_size="full" alignment="center" onclick="img_link_large"][/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] KEVIN MURRAY Senior Sales Associate T +1 604 662 5171 kevin.murray4@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]