236-800-5536
107 Evans St, Duncan, BC for Sale
Apartments - FOR SALE
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107 Evans St
Duncan, BC V9L 1P5


HIGHLIGHTS

  • Highly efficient, newly built asset built to Step Code 3
  • On-site property management office and air-conditioned amenity space
  • Secure underground parking with EV charging stations
  • Fitness room with exercise machines and weights
  • Spacious balconies, expansive courtyard and amenity deck
  • High exposure ground floor retail space along Canada Ave & Evans St in Downtown Duncan

OVERVIEW

Macdonald Commercial and WestUrban Developments are pleased to offer for sale, the Meridian, located at 107 Evans Street, Duncan, BC (“The Property”). The Property is situated in City of Duncan’s Downtown Core, steps away from retail centres, schools, banks, restaurants, public transit stops and a multitude of additional community amenities. This A class purpose built rental asset is comprised of 137 residential units with a suite mix of 91-one bedroom and 46-two bedroom units. There are also 4 high exposure, ground floor retail units with a professional tenant mix further supplementing the investment thesis. There are a myriad of best-in-class building features including a fitness center, office, courtyard, amenity deck, secured underground parking, storage lockers, dog wash, and bike room with wash. Furthermore, the Meridian is built to Step Code 3, ensuring reduced OpEx and enhanced serviceability. The Property is held in bare trust, allowing prospective suitors to save on property transfer tax. Please inquire for additional particulars.

FOR SALE DETAILS

PRICE

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# OF UNITS

137

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Meridian

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

2025

PARKING SPACES

167

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

-

APN/PARCEL ID

018139698

ASK ABOUT THIS PROPERTY

Paul KimMacdonald CommercialMore Info
236-800-5536

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Paul KimMacdonald CommercialMore Info
236-800-5536

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