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Investment Highlights

  • Located in the popular Kitsilano neighborhood along West 4th Avenue, a prime Vancouver retail corridor
  • Offers strong visibility and consistent pedestrian traffic supported by surrounding retail and residential density
  • Currently built out as a functional, turnkey yoga studio with established client base
  • Incorporates three designated parking stalls providing rare added convenience in an urban setting
  • Positioned in a growth-oriented market with sustained residential and commercial development trends

Executive Summary

Star of Kitsilano is a four-story residential strata building constructed in 1996 and located at West 4th Avenue and Stephens Street in Vancouver’s Kitsilano neighborhood. The building features frame-wood construction with a concrete perimeter foundation and partial rain screen. Nearby amenities include retail along West 4th Avenue, multiple schools, grocery stores, and local parks.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 2662
  • 2,624 SF
  • Retail
  • $2,550,000 CAD ($971.80 CAD/SF)
  • -
Sale Type Owner User
Description
This offering represents an opportunity to acquire a fully improved, street-level retail strata unit within Kitsilano, one of Vancouver’s most vibrant neighborhoods. Positioned in the mixed-use Star of Kitsilano development, built by Cressey in 1996, the property spans approximately 2,624 square feet and is currently configured as a functional turnkey yoga studio with a dedicated clientele. The layout, visibility, and interior condition make it highly adaptable for various retail or service uses.
Sale Notes
This offering represents an opportunity to acquire a fully improved, street-level retail strata unit within Kitsilano, one of Vancouver’s most vibrant neighborhoods. Positioned in the mixed-use Star of Kitsilano development, built by Cressey in 1996, the property spans approximately 2,624 square feet and is currently configured as a functional turnkey yoga studio with a dedicated clientele. The layout, visibility, and interior condition make it highly adaptable for various retail or service uses.

Ownership flexibility is a key advantage, as the property suits both investors seeking stable returns and owner-users desiring immediate occupancy options. A potential short-term leaseback by the current operator offers interim income, mitigating vacancy risk.

The unit delivers excellent visibility along West 4th Avenue with strong frontage and steady pedestrian flow, further supported by Vancouver’s continued residential and commercial growth in the Kitsilano corridor. The property includes three designated parking stalls at the rear, enhancing convenience for customers and staff. Surrounding amenities, a dense residential base, and connectivity via major thoroughfares bolster its long-term value proposition.
Unit Unit Size Condo Use Price NOI
Unit 2662 2,624 SF Retail $2,550,000 CAD ($971.80 CAD/SF) -

Unit 2662

Unit Size
2,624 SF
Condo Use
Retail
Price
$2,550,000 CAD ($971.80 CAD/SF)
NOI
-

Unit 2662

Unit Size 2,624 SF
Condo Use Retail
Price $2,550,000 CAD ($971.80 CAD/SF)
NOI -
Sale Type Owner User
Description
This offering represents an opportunity to acquire a fully improved, street-level retail strata unit within Kitsilano, one of Vancouver’s most vibrant neighborhoods. Positioned in the mixed-use Star of Kitsilano development, built by Cressey in 1996, the property spans approximately 2,624 square feet and is currently configured as a functional turnkey yoga studio with a dedicated clientele. The layout, visibility, and interior condition make it highly adaptable for various retail or service uses.</li></ul>
Sale Notes
This offering represents an opportunity to acquire a fully improved, street-level retail strata unit within Kitsilano, one of Vancouver’s most vibrant neighborhoods. Positioned in the mixed-use Star of Kitsilano development, built by Cressey in 1996, the property spans approximately 2,624 square feet and is currently configured as a functional turnkey yoga studio with a dedicated clientele. The layout, visibility, and interior condition make it highly adaptable for various retail or service uses.<br> <br> Ownership flexibility is a key advantage, as the property suits both investors seeking stable returns and owner-users desiring immediate occupancy options. A potential short-term leaseback by the current operator offers interim income, mitigating vacancy risk.<br> <br> The unit delivers excellent visibility along West 4th Avenue with strong frontage and steady pedestrian flow, further supported by Vancouver’s continued residential and commercial growth in the Kitsilano corridor. The property includes three designated parking stalls at the rear, enhancing convenience for customers and staff. Surrounding amenities, a dense residential base, and connectivity via major thoroughfares bolster its long-term value proposition.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 88,145 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 4
Typical Floor Size 22,036 SF
Year Built 1996
Lot Size 0.65 AC
Zoning C-2 - Commercial

Amenities

Site Amenities

  • Bicycle Storage
  • Elevator

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 42 - 533
2+2 42 - 966
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
90/100
Very bikeable
80/100
  • Listing ID: 40741384

  • Date on Market: 2026-06-01

  • Last Updated:

  • Address: 2662 4th Av W, Vancouver, BC V6K 1P7

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