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

