Multifamily

Le Garrie Court

1366 West 12th Avenue, Vancouver, BC V6H 1M4

Listing Price: $17,000,000

Cap Rate
1.93%
Number of Units
30
Price/Unit
$566,667
Price/Gross SF
$906.67
Gross SF
18,750

Investment Overview

Le Garrie Court is a strategically located and well maintained 30-unit apartment building in the South Granville neighbourhood of Vancouver. The property boasts 150 feet of frontage along West 12th Avenue, a total lot size of 18,750 sf, and is within 500 meters of the future Broadway subway station located on the corner of Granville and Broadway. Offered to the market for the first time in over 30 years, Le Garrie Court features 30 well appointed apartment suites including a large, sundrenched 2-bedroom penthouse with a large rooftop deck with beautiful views of the city. The spacious units feature original parquet hardwood floors, oversized patios, breaker panels, and updated kitchens, all with recently replaced appliances. There are 28 storage lockers available to tenants, 16 parking stalls, and a spacious laundry room with 2 sets of building-owned, coin-operated washers and dryers.

Investment Highlights

  • Prominent 30 unit apartment building in the South Granville neighbourhood being offered to the market for the first time in over 30 years
  • Located on a 18,750 square foot lot with 150 feet of frontage along West 12th Avenue within the Broadway Plan Study Area
  • Diversified suite mix of 7 bachelor, 18 one bedroom, and 5 two bedroom units including a large penthouse with rooftop deck and impressive views

Exclusively Listed By

Listing Price: $17,000,000

Cap Rate
1.93%
Number of Units
30
Price/Unit
$566,667
Price/Gross SF
$906.67
Gross SF
18,750

Investment Highlights

  • Prominent 30 unit apartment building in the South Granville neighbourhood being offered to the market for the first time in over 30 years
  • Located on a 18,750 square foot lot with 150 feet of frontage along West 12th Avenue within the Broadway Plan Study Area
  • Diversified suite mix of 7 bachelor, 18 one bedroom, and 5 two bedroom units including a large penthouse with rooftop deck and impressive views

Investment Overview

Le Garrie Court is a strategically located and well maintained 30-unit apartment building in the South Granville neighbourhood of Vancouver. The property boasts 150 feet of frontage along West 12th Avenue, a total lot size of 18,750 sf, and is within 500 meters of the future Broadway subway station located on the corner of Granville and Broadway. Offered to the market for the first time in over 30 years, Le Garrie Court features 30 well appointed apartment suites including a large, sundrenched 2-bedroom penthouse with a large rooftop deck with beautiful views of the city. The spacious units feature original parquet hardwood floors, oversized patios, breaker panels, and updated kitchens, all with recently replaced appliances. There are 28 storage lockers available to tenants, 16 parking stalls, and a spacious laundry room with 2 sets of building-owned, coin-operated washers and dryers.

Exclusively Listed By

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