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985 Broughton St 15 Unit Apartment Building $3,300,000 CAD ($220,000 CAD/Unit) Vancouver, BC V6G 2A4
INVESTMENT HIGHLIGHTS
- Rarely available West End apartment building
- Significant opportunity to substantially increase cash flow upon tenant turnover and renovation
- Small format units will maximize per SF rental rates
- Proximity to the famous 400-hectare green oasis of Stanley Park providing scenic views of water, mountains, sky, and majestic trees along the seawall
EXECUTIVE SUMMARY
Dan Chatfield and Trevor Buchan are pleased to present the opportunity to acquire 985 Broughton Street, (the “Property”), a 15-unit rental building, prominently located in Vancouver’s world-renowned West End neighbourhood.
The West End neighbourhood is characterized by its winning combination of traffic calmed, tree-lined residential nodes and bustling commercial corridors. Residents also enjoy immediate proximity to some of Vancouver’s most iconic landmarks such as the world-famous English Bay Beaches and the 1,000 Acre Stanley Park.
The West End neighbourhood is characterized by its winning combination of traffic calmed, tree-lined residential nodes and bustling commercial corridors. Residents also enjoy immediate proximity to some of Vancouver’s most iconic landmarks such as the world-famous English Bay Beaches and the 1,000 Acre Stanley Park.
PROPERTY FACTS
| Price | $3,300,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $220,000 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.09 AC |
| No. Units | 15 | Building Size | 2,882 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1908 |
| Zoning | RM-5 - Multiple Dwelling | ||
| Price | $3,300,000 CAD |
| Price Per Unit | $220,000 CAD |
| Sale Type | Investment |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 2,882 SF |
| No. Stories | 3 |
| Year Built | 1908 |
| Zoning | RM-5 - Multiple Dwelling |
AMENITIES
UNIT AMENITIES
- Tile Floors
- Hardwood Floors
- Instant Hot Water
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 9 | - | - |
| Studios | 3 | - | - |
| 1+1 | 3 | - | - |
1 1
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (94)
Bike Score®
Very Bikeable (89)
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VIDEOS
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985 Broughton St
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