Simcoe Plaza 3719 W 8th Av 21 Unit Apartment Building For Sale Vancouver, BC V6R 1Z2

3719 West 8th Avenue presents a rare opportunity to acquire a well-located multifamily asset in the heart of Point Grey, one of Vancouver’s most established and desirable West Side neighbourhoods. Positioned along a quiet residential corridor just minutes from Jericho Beach, UBC, and West 10th Avenue amenities, the property offers both stable in-place income and long-term redevelopment potential.
The building is currently improved with a well-maintained walk-up apartment, featuring a strong tenant profile and consistent rental performance. The surrounding area is characterized by low-density residential uses, tree-lined streets, and proximity to top-tier schools, parks, and transit routes, supporting enduring rental demand and future value growth.
From a planning perspective, the property is situated within an area poised for gradual densification under evolving municipal housing policies. In addition to its standalone redevelopment potential, the property offers a compelling opportunity for land assembly with neighbouring properties. Several adjacent and nearby sites present the ability to consolidate into a larger footprint, unlocking enhanced density and scale in line with the City of Vancouver’s long-term housing objectives.
In the interim, the asset provides reliable cash flow with upside through rental repositioning. Investors have the opportunity to enhance revenue over time while strategically holding a site with both standalone and assembly-driven redevelopment potential. The combination of income stability, location fundamentals, and future land use optionality positions 3719 West 8th Avenue as a highly strategic acquisition for private investors and development groups alike.