1235 Burnaby St - Apartments FOR SALE


Vancouver, BC V6E 1P7
$5,995,000 CAD
604-662-5141
1235 Burnaby St, Vancouver, BC for Sale
$5,995,000 CAD
Apartments - FOR SALE
1/6
null | Request Cap Rate

1235 Burnaby St
Vancouver, BC V6E 1P7


HIGHLIGHTS

  • Nine of ten suites have been renovated with updated interior finishes.
  • Character apartment building constructed in 1936 with preserved architectural appeal.
  • Located within walking distance of English Bay, Sunset Beach, and Stanley Park.
  • Residents enjoy immediate access to Davie Street shopping, dining, and services.
  • Positioned near major transit connections serving Metro Vancouver.
  • Large suite layouts appeal to a broad range of residential tenants.

OVERVIEW

The Clareburn presents the opportunity to acquire a 10-suite character apartment building located at 1235 Burnaby Street in Vancouver’s West End. Situated within one of the city’s most established rental neighborhoods, the property combines historic character with substantial interior improvements, offering investors a well-maintained asset in a highly walkable urban setting. The three-story building contains a mix of one-bedroom and two-bedroom suites, with nine of the ten residences having undergone renovations that include updated kitchens, modernized bathrooms, upgraded lighting, and newer appliances. The property benefits from suite layouts that are larger than many contemporary apartment offerings, creating broad appeal among professionals, couples, students, and long-term residents seeking functional living space within Vancouver’s downtown peninsula. Large windows, efficient floor plans, and preserved character features contribute to the property's continued tenant appeal. The location places residents within walking distance of Davie Street, Denman Street, English Bay, Sunset Beach, Stanley Park, grocery stores, restaurants, medical services, and daily conveniences. Access to Burrard Station, Vancouver City Centre Station, cycling routes, and major transit connections supports mobility throughout Metro Vancouver. The surrounding West End neighborhood remains one of Vancouver’s most recognized residential districts, characterized by a diverse population, established amenities, and limited opportunities to acquire privately owned rental apartment buildings. The combination of a proven multifamily asset, renovated suites, established tenancy appeal, and a premier West End location positions The Clareburn as a compelling investment opportunity within Vancouver's rental housing market.

FOR SALE DETAILS

PRICE

$5,995,000 CAD

PRICE/SF

$731 CAD /SF

# OF UNITS

8200

PRICE/UNIT

$731

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1936

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,646 SF

ZONING

RM-5A

APN/PARCEL ID

015-740-889

ASK ABOUT THIS PROPERTY

Lance CoulsonCBRE, LimitedMore Info
604-662-5141

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Lance CoulsonCBRE, LimitedMore Info
604-662-5141

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.