Log In/Sign Up
Your email has been sent.
1680 Adanac Street 1680 Adanac St 38 Unit Apartment Building For Sale Vancouver, BC V5L 2C6
EXECUTIVE SUMMARY
Park Drive presents a rare opportunity for a non-profit housing provider to acquire a newly constructed, Passive House–designed rental building
in the heart of Vancouver’s Grandview-Woodland neighbourhood. Located at 1680 Adanac Street, this high-quality, purpose-built asset is nearing
occupancy and is being offered entirely vacant, giving the incoming operator full flexibility to lease up the building in alignment with their housing
mandate and community priorities. Approved under the City of Vancouver’s Rental 100 program, Park Drive delivers long-term secured rental housing in a highly livable and connected neighbourhood. The building features a well-balanced mix of studio, one-, two-, and three-bedroom homes, along with ground-floor commercial space that supports community-serving uses and contributes to income diversification. Built to Passive House standards, the project offers exceptional energy efficiency, reduced operating costs, and enhanced tenant comfort—supporting long-term affordability and environmental performance.
Adding further appeal, the opportunity comes complete with attractive assumable CMHC-insured financing, streamlining the acquisition process and enhancing financial viability for qualified operators. Ideally situated close to transit, schools, shops, and services, Park Drive is exceptionally well-positioned to support inclusive, sustainable housing outcomes in one of Vancouver’s most vibrant communities. This is a unique opportunity to acquire a fully vacant, newly built rental asset—without the risks or delays of redevelopment or repositioning.
in the heart of Vancouver’s Grandview-Woodland neighbourhood. Located at 1680 Adanac Street, this high-quality, purpose-built asset is nearing
occupancy and is being offered entirely vacant, giving the incoming operator full flexibility to lease up the building in alignment with their housing
mandate and community priorities. Approved under the City of Vancouver’s Rental 100 program, Park Drive delivers long-term secured rental housing in a highly livable and connected neighbourhood. The building features a well-balanced mix of studio, one-, two-, and three-bedroom homes, along with ground-floor commercial space that supports community-serving uses and contributes to income diversification. Built to Passive House standards, the project offers exceptional energy efficiency, reduced operating costs, and enhanced tenant comfort—supporting long-term affordability and environmental performance.
Adding further appeal, the opportunity comes complete with attractive assumable CMHC-insured financing, streamlining the acquisition process and enhancing financial viability for qualified operators. Ideally situated close to transit, schools, shops, and services, Park Drive is exceptionally well-positioned to support inclusive, sustainable housing outcomes in one of Vancouver’s most vibrant communities. This is a unique opportunity to acquire a fully vacant, newly built rental asset—without the risks or delays of redevelopment or repositioning.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 0.34 AC |
| No. Units | 38 | Construction Status | Under Construction |
| Property Type | Multifamily | Building Size | 62,699 SF |
| Property Subtype | Apartment | No. Stories | 6 |
| Apartment Style | Mid-Rise | Year Built | 2026 |
| Building Class | B | ||
| Zoning | CD-1 - Comprehensive Development | ||
| Sale Type | Investment |
| No. Units | 38 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.34 AC |
| Construction Status | Under Construction |
| Building Size | 62,699 SF |
| No. Stories | 6 |
| Year Built | 2026 |
| Zoning | CD-1 - Comprehensive Development |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 16 | - | - |
| 2+1 | 10 | - | - |
| 3+2 | 12 | - | - |
1 1
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (70)
Bike Score®
Very Bikeable (87)
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1680 Adanac Street | 1680 Adanac St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.