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Multifamily

The Henry Dundas

2163 & 2167 Dundas Street, Vancouver, BC V5L 1J7

Listing Price: $6,900,000

Cap Rate
4.44%
Number of Units
37
GRM
16.25
Price/Unit
$186,486
Price/Gross SF
$1,142.57
Gross SF
6,039

Investment Overview

The McEvay Blair Multifamily Group is pleased to present the opportunity to acquire 2163 & 2167 Dundas Street, otherwise known as, The Henry Dundas (the “Property”). The 6,039 square foot lot is improved with two buildings totaling 37 residential rental units. The apartment building, 2167 Dundas Street, contains 35 units comprised of a diversified mix of micro suites with shared access to washrooms, and self-contained bachelor, one bedroom, and two bedroom units. The detached character laneway house includes a large three bedroom suite, and a one bedroom basement suite.

The Henry Dundas presents a rare opportunity to own a well-maintained multifamily property in the thriving Port Town neighborhood, offering stable income and strong rental demand, underpinned with long-term redevelopment potential.

Investment Highlights

  • Prime East Vancouver Location
  • Modern Upgrades
  • Thriving Neighbourhood
  • Turn-Key Asset
  • Higher Density Designation
  • Detached Character House

Exclusively Listed By

Listing Price: $6,900,000

Cap Rate
4.44%
Number of Units
37
GRM
16.25
Price/Unit
$186,486
Price/Gross SF
$1,142.57
Gross SF
6,039

Investment Highlights

  • Prime East Vancouver Location
  • Modern Upgrades
  • Thriving Neighbourhood
  • Turn-Key Asset
  • Higher Density Designation
  • Detached Character House

Investment Overview

The McEvay Blair Multifamily Group is pleased to present the opportunity to acquire 2163 & 2167 Dundas Street, otherwise known as, The Henry Dundas (the “Property”). The 6,039 square foot lot is improved with two buildings totaling 37 residential rental units. The apartment building, 2167 Dundas Street, contains 35 units comprised of a diversified mix of micro suites with shared access to washrooms, and self-contained bachelor, one bedroom, and two bedroom units. The detached character laneway house includes a large three bedroom suite, and a one bedroom basement suite. The Henry Dundas presents a rare opportunity to own a well-maintained multifamily property in the thriving Port Town neighborhood, offering stable income and strong rental demand, underpinned with long-term redevelopment potential.

Exclusively Listed By

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