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2181 40th Ave W 10 Unit Apartment Building $4,750,000 CAD ($475,000 CAD/Unit) Vancouver, BC V6M 1W4
Investment Highlights
- Excellent location one block north of West 41st Avenue in close proximity to shopping, amenities, and public transit
- Surface stalls at the rear of the building
- Roof is ±5 years old
- Three-storey walk up building (no elevator)
- Updated windows throughout the building
Executive Summary
The Avison Young Multi-Family Team is pleased to market for sale The Glenayre located at 2181 West 40th Avenue, Vancouver, BC. The Property is a well-maintained 10-unit rental apartment building with significant potential for rental upside. This is a fantastic acquisition opportunity for value-add investors.
Property Facts
| Price | $4,750,000 CAD | Building Class | C |
| Price Per Unit | $475,000 CAD | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 5,925 SF |
| No. Units | 10 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1958 |
| Property Subtype | Apartment | Parking Ratio | 0.84/1,000 SF |
| Zoning | RM-3 | ||
| Price | $4,750,000 CAD |
| Price Per Unit | $475,000 CAD |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,925 SF |
| No. Stories | 3 |
| Year Built | 1958 |
| Parking Ratio | 0.84/1,000 SF |
| Zoning | RM-3 |
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Walk Score®
Walker's Paradise (98)
Bike Score®
Biker's Paradise (93)
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