604-692-1437
2455 W 2nd Ave, Vancouver, BC for Sale
Apartments - FOR SALE
1/6
null | Request Cap Rate

2455 W 2nd Ave
Vancouver, BC V6K 1G6


HIGHLIGHTS

  • Positioned on the north side of West 2nd Avenue, the property benefits from its proximity to major lifestyle and recreational amenities.
  • Kitsilano is renowned for beautiful beaches, tree-lined streets, & lively parks, attracting a diverse mix of urban professionals, families, & students
  • The area continues to see strong redevelopment activity, with neighbouring properties transitioning to modern retail and residential uses.
  • A quick bus ride along West 4th provides easy access to UBC, Granville Island and Downtown Vancouver.

OVERVIEW

Rare opportunity to own a multi-generational asset in one of Canada’s most sought-after real estate markets. White Sands is situated within Kitsilano’s coveted “North of 4th” neighbourhood and overlooks Kitsilano Beach, offering expansive views of the North Shore Mountains and Downtown Vancouver. Originally constructed in 1961 and renovated over the years, this mid-century modern building features 34 well-maintained rental units across three floors, all accessed by a 1,500-lb elevator and multiple stairwells. Recent upgrades benefit operating efficiency and reduce future capital cost requirements. Substantial value upside exists upon rental turnover. The Property occupies arguably one of the best points of land in Vancouver and affords excellent walkability to rapid transit as well as the shops and amenities along West 4th Avenue. Proudly owned by the same family since 1968, this marks its first time available for sale. Within 900 metres of the upcoming Arbutus SkyTrain Station (Fall 2027), part of the Broadway Subway extension, enhancing accessibility and long-term appreciation potential. Properties within walking distance to the station will benefit from strong value growth and tenant demand. Please contact the listing brokers for more details on this offering.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

34

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1961

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

18,000 SF

ZONING

RM-4

APN/PARCEL ID

005-330-670,005-330-700,005-330-734

ASK ABOUT THIS PROPERTY

Mahsa BanaeiColliersMore Info
604-692-1437

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Mahsa BanaeiColliersMore Info
604-692-1437

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