Multifamily
The Audrey
2045 Maple St, Vancouver, BC V6J 3T2
Listing Price: $6,800,000
Investment Overview
The McEvay Blair Multifamily Group of Marcus & Millichap is pleased to present the opportunity to acquire Audrey Manor – a fully renovated 14-suite rental apartment building located in the heart of Kitsilano at 2045 Maple Street (the “Property”).
Situated just off West 4th Avenue, the Property sits at the centre of one of Vancouver’s most desirable and enduring neighbourhoods, steps from Kitsilano’s celebrated restaurants, cafés, boutiques, and recreational amenities, with easy access to downtown Vancouver and UBC. Kitsilano’s consistently strong rental demand and world class amenities make it one of the most sought-after multifamily markets in the country.
The opportunity offers a turnkey asset with high-quality finishes throughout. Every suite is equipped with a dishwasher and gas stove, premium features that set the building apart and support strong tenant retention and rental performance. With a suite mix of bachelor’s and one-bedrooms, the Property generates strong in-place income reflective of Kitsilano’s robust rental fundamentals and the quality of the renovated asset, with further upside available as suites turn over to current market rates.
Audrey Manor presents investors with a rare opportunity to acquire a fully renovated, income producing apartment building in one of Vancouver’s most coveted and consistently high demand rental neighbourhoods.
The Audrey
Investment Highlights
- Steps from West 4th Avenue's renowned restaurants, cafes, and boutiques, with convenient access to downtown Vancouver and UBC.
- Extensive upgrades over the past ten years including plumbing, electrical, windows, and boiler greatly reduce exposure to further capital expenditures.
- Every suite is equipped with gas stoves and dishwashers and is comprehensively upgraded with high-quality finishes.
- Solid in-place cash flow with meaningful room to grow rents upon turnover.
- Kitsilano consistently ranks among Vancouver's lowest vacancy neighbourhoods, driven by enduring lifestyle demand ensuring a deep and reliable tenant pool that supports stable occupancy and long-term income performance.
- Strategically located within the Broadway Plan with favourable designation for higher density upon redevelopment.
Exclusively Listed By
Listing Price: $6,800,000
Investment Highlights
- Steps from West 4th Avenue's renowned restaurants, cafes, and boutiques, with convenient access to downtown Vancouver and UBC.
- Extensive upgrades over the past ten years including plumbing, electrical, windows, and boiler greatly reduce exposure to further capital expenditures.
- Every suite is equipped with gas stoves and dishwashers and is comprehensively upgraded with high-quality finishes.
- Solid in-place cash flow with meaningful room to grow rents upon turnover.
- Kitsilano consistently ranks among Vancouver's lowest vacancy neighbourhoods, driven by enduring lifestyle demand ensuring a deep and reliable tenant pool that supports stable occupancy and long-term income performance.
- Strategically located within the Broadway Plan with favourable designation for higher density upon redevelopment.
Investment Overview
The McEvay Blair Multifamily Group of Marcus & Millichap is pleased to present the opportunity to acquire Audrey Manor – a fully renovated 14-suite rental apartment building located in the heart of Kitsilano at 2045 Maple Street (the “Property”). Situated just off West 4th Avenue, the Property sits at the centre of one of Vancouver’s most desirable and enduring neighbourhoods, steps from Kitsilano’s celebrated restaurants, cafés, boutiques, and recreational amenities, with easy access to downtown Vancouver and UBC. Kitsilano’s consistently strong rental demand and world class amenities make it one of the most sought-after multifamily markets in the country. The opportunity offers a turnkey asset with high-quality finishes throughout. Every suite is equipped with a dishwasher and gas stove, premium features that set the building apart and support strong tenant retention and rental performance. With a suite mix of bachelor’s and one-bedrooms, the Property generates strong in-place income reflective of Kitsilano’s robust rental fundamentals and the quality of the renovated asset, with further upside available as suites turn over to current market rates. Audrey Manor presents investors with a rare opportunity to acquire a fully renovated, income producing apartment building in one of Vancouver’s most coveted and consistently high demand rental neighbourhoods.
Exclusively Listed By
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