The property consists of 147 apartment units in three separate buildings on a large rectangular lot.

Owned by the same group since construction in the mid-80’s, and creates an opportunity to re-invest and reposition the property to today’s market.

Occupancy currently at 100% with opportunity to increase rents through a controlled improvement plan.

Significant CAPEX was invested in major buildings systems and mechanicals in the last two years.

The property has a large garden with a pond in the center of the property with natural vegetation and trees throughout the property.

Local amenities are in abundance with the popular University Village Shopping Center a block from the property.

We would like to thank, Carey Buntain and Chris Wieser, from Avison Young Vancouver, for the opportunity and their direct assistance in a successful transaction.