1835 1st Ave W - Apartments CONDO FOR SALE


Vancouver, BC V6J 5B8
$899,000 CAD
778-300-1632
1835 1st Ave W, Vancouver, BC for Sale
$899,000 CAD
Apartments CONDO - FOR SALE
1/11
null | 4.67% Cap Rate

1835 1st Ave W
Vancouver, BC V6J 5B8


HIGHLIGHTS

  • High-exposure location steps from Kits Beach and major residential developments.
  • Excellent walkability and transit access in a thriving commercial corridor.
  • Direct exposure onto W 1st Ave.

OVERVIEW

Investor Alert! Excellent Kitsilano retail investment opportunity steps from Kits Beach. This 401 sq. ft. street-front unit offers strong exposure and pedestrian traffic in one of Vancouver’s most vibrant neighbourhoods. Leased to Grab Glow Grow under a new 5-year lease generating net rent of $42,000 annually, with 3% yearly increases. Offered at $899,000, providing a 4.67% first-year return and projected 5.26% return by Year 5. The proposed redevelopment of the nearby former Molson Brewery site may further support future density, commercial activity and long-term value appreciation. Buyers must conduct their own due diligence and independently verify all details.

FOR SALE DETAILS

PRICE

$899,000 CAD

PRICE/SF

$2,242 CAD /SF

CAP RATE

4.67%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Yorkville South

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

40,292 SF

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

CD-1

APN/PARCEL ID

023-230-703,023-230-932

ASK ABOUT THIS PROPERTY

Jonathan LuReal BrokerMore Info
778-300-1632

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Jonathan LuReal BrokerMore Info
778-300-1632

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