Aldon Apartments presents a compelling acquisition opportunity in Vancouver’s sought-after West End neighborhood. Positioned on an 8,646 square-foot lot with 66 feet of frontage and 131 feet of depth, this 23-unit rental apartment building offers a rare value-add investment proposition. Approximately 30% of the building is currently vacant, providing immediate renovation potential and upside through modernization and active lease-up. The property holds significant appeal for investors seeking to capitalize on one of Vancouver’s most established and resilient rental submarkets. Current rents remain below market levels, creating clear potential for income growth post-renovation. The surrounding area boasts proximity to the English Bay Seawall, Stanley Park, and popular retail and dining destinations along Denman Street, catering to a diverse tenant demographic. With a structure of wood-frame construction across three storeys, covered and uncovered parking, and recent environmental and building condition reports available, Aldon Apartments allows discerning investors to execute a strategic repositioning project in a stable, high-demand urban environment.