Skip to main content

Multifamily

Kingsley Place

1239 West 14th Avenue, Vancouver, BC V6H 1P7

Listing Price: $16,800,000

Cap Rate
2.93%
Number of Units
27
GRM
24.96
Price/Unit
$622,222
Price/Gross SF
$1,036.08
Gross SF
16,215

Investment Overview

1993-built, strata-titled rental apartment building, located in the heart of Fairview, offering significant rental upside, flexible exit options and future high density redevelopment potential.

Investment Highlights

  • 1993-built, strata-titled apartment building with secured underground parking, hydrolic elevator, and a 7-camera security system.
  • Exceptionally well maintained apartment building with numerous recent capital expenditures including a new boiler (2013), two new hot water tanks (2013), upgraded sprinkler system and tasteful renovat
  • Units are built to condo-quality and modern finishes with in-suite laundry, dishwashers, fireplaces, in-suite storage and private balcony.
  • All suites are in excellent condition and renovated suites feature a mix of updated laminate, tile or hardwood flooring, new cabinetry and quartz counter tops, and brand new appliances. Tenants are responsible for their own electric heating.

Exclusively Listed By

Listing Price: $16,800,000

Cap Rate
2.93%
Number of Units
27
GRM
24.96
Price/Unit
$622,222
Price/Gross SF
$1,036.08
Gross SF
16,215

Investment Highlights

  • 1993-built, strata-titled apartment building with secured underground parking, hydrolic elevator, and a 7-camera security system.
  • Exceptionally well maintained apartment building with numerous recent capital expenditures including a new boiler (2013), two new hot water tanks (2013), upgraded sprinkler system and tasteful renovat
  • Units are built to condo-quality and modern finishes with in-suite laundry, dishwashers, fireplaces, in-suite storage and private balcony.
  • All suites are in excellent condition and renovated suites feature a mix of updated laminate, tile or hardwood flooring, new cabinetry and quartz counter tops, and brand new appliances. Tenants are responsible for their own electric heating.

Investment Overview

1993-built, strata-titled rental apartment building, located in the heart of Fairview, offering significant rental upside, flexible exit options and future high density redevelopment potential.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower