GET IN TOUCH

We’d love to hear from you. Get in touch: we treat all information in confidence.






* Required

Sold

Kerrisdale Apartments

2346 West 43rd Avenue, Vancouver
For Sale
9 suites

$4,350,000


Summary

Price
$4,350,000
Units
9
Stories
3
Price/Unit
$483,333
Cap Rate
2.3%
GIM
31.5
Year Built
1954
Lot Size
58' x 120.7' (7,000 SF)
Zoning
RM3
PID
011-498-315

Legal Description

Kerrisdale Apartments is a rarely available 9-suite apartment building located in Vancouver’s Westside Kerrisdale neighbourhood. Built in 1954, the property is a well maintained three-storey wood-frame apartment building featuring large oversized units and an excellent suite mix of 4 two-bedrooms, 4 one-bedrooms and one bachelor. Rental rates significantly below market.

  • Excellent suite mix—large oversized suites
  • Hardwood floors
  • 4 covered parking
  • 7 of 9 suites feature dishwashers
  • Laundry room: one washer/one dryer owned by building (with bike storage)
  • Brick & stucco exterior
  • Locker room features full size lockers
  • Ample in-suite closets
  • Stage 2 Environmental Report commissioned
  • Rental rates significantly below market

Upgrades

  • Re-piped approx. 20 years ago
  • Hot water tank replaced (December 2012)
  • Gas furnace (1982)
  • New roof & roof deck (2015)
  • Suite doors replaced
  • Ongoing appliance renewal
  • Bathrooms feature floor-to-ceiling tile

Kerrisdale, located in the heart of Vancouver’s affluent Westside, is one of Canada’s most established and wealthy communities.

The subject property is located on the south side of West 43rd Avenue between Balsam and Yew Streets, only 2 blocks to West Boulevard in Vancouver’s prime Kerrisdale neighbourhood.  Only two blocks to West 41st Avenue, considered one of the best upscale high-end fashion and retail shopping districts in the City. Walking distance to Point Grey High School, Maple Grove Park, seniors centre, bus transportation, restaurants, a branch of the Vancouver Public Library, West Main Health Unit and Kerrisdale Community Centre.

Mortgage
Calculator

Mortgage
Interest rate
Amortized over
Your monthly payment is approximately

* Assumes constant interest rate throughout amortization period

%
Year(s)
Reset

Please enter digits and decimals only.