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7657 Cambie St
Vancouver, BC V6P 3H8
GEC Pearson · Multifamily Property For Sale · 129 Units

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INVESTMENT HIGHLIGHTS

  • Mix of student housing and furnished market rental apartments (65% student housing, 35% market rental)
  • Treat as clear title
  • Bare trust opportunity (potential for property transfer tax savings)

EXECUTIVE SUMMARY

Rare opportunity to acquire a transit-oriented 129-unit purpose-built rental apartment building with flexible investment strategies

PROPERTY FACTS

Price Per Unit $558,140 CAD
Sale Type Investment
Cap Rate 3.94%
No. Units 129
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.72 AC
Building Size 96,605 SF
Average Occupancy 84%
No. Stories 6
Year Built 2018
Parking Ratio 0.93/1,000 SF
Zoning CD-1 - Comprehensive Development

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Storage Space
  • Washer/Dryer
  • Heating
  • Kitchen
  • Refrigerator
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Fitness Center
  • LEED Certified - Gold
  • Bicycle Storage
  • Elevator
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 59 - 488
1+1 29 - 462 - 543
2+1 41 - 609 - 713
  • Listing ID: 27547484

  • Date on Market: 2023-01-19

  • Last Updated:

  • Address: 7657 Cambie St, Vancouver, BC V6P 3H8

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