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The Henry Dundas 2163-2167 Dundas St 37 Unit Apartment Building $6,900,000 CAD ($186,486 CAD/Unit) 4.40% Cap Rate Vancouver, BC V5L 1J7
INVESTMENT HIGHLIGHTS
- convenient access to major transit routes
- lots of natural light
- wide variety of local cafes, restaurants, and amenities within walking distance
EXECUTIVE SUMMARY
Located in the vibrant Port Town neighborhood of East Vancouver, the Property offers proximity to downtown Vancouver while retaining a community-oriented feel. Tenants enjoy convenient access to major transit routes, including a bus stop directly outside the front door. The Property boasts a high walkability score with a wide variety of local cafes, restaurants, and amenities within walking distance. Thriving Neighborhood as well in Port Town, known for its industrial-chic character and artistic vibe, is experiencing a surge of revitalization, blending modern developments with historic charm. Home to a thriving craft brewery scene, artisan shops, and unique dining experiences, making it a hotspot for young professionals and creatives.
PROPERTY FACTS
| Price | $6,900,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $186,486 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 4.40% | Building Size | 13,590 SF |
| Gross Rent Multiplier | 16.15 | Average Occupancy | 100% |
| No. Units | 37 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1912/2014 |
| Property Subtype | Apartment | ||
| Zoning | RM-3A | ||
| Price | $6,900,000 CAD |
| Price Per Unit | $186,486 CAD |
| Sale Type | Investment |
| Cap Rate | 4.40% |
| Gross Rent Multiplier | 16.15 |
| No. Units | 37 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.14 AC |
| Building Size | 13,590 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1912/2014 |
| Zoning | RM-3A |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 14 | - | 200 |
| Studios | 19 | - | 200 |
| 1+1 | 2 | - | 400 |
| 2+1 | 1 | - | - |
| 3+1 | 1 | - | - |
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Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (77)
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VIDEOS
MATTERPORT 3D EXTERIOR
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The Henry Dundas | 2163-2167 Dundas St
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