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Westlin Apartments

$ 5,995,000

2250 York Avenue,
,

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Property Id : 30835
Price: $ 5,995,000
Property Lot Size: 0.21 ac
Year Built: 1953
Units: 14
PID: 011-751-461
Assessed Value: $5,973,000
Zoning: RM4
Cap Rate: 3.4
Exterior Material: Stucco
Roofing: Tar & Gravel
Structure Type: Wood
Floors No: 3

About this property

Westlin Apartments offers an exceptional opportunity to acquire a well-maintained 14 unit rental building in one of Vancouver’s most sought after neighborhoods. Situated just steps from Kitsilano Beach, West 4th Avenue shops, and vibrant local amenities, this property combines unbeatable location appeal with strong long-term upside. Built in 1953, the building sits on a quiet, tree lined street and features a mix of spacious, tastefully updated suites that attract high-quality tenants. The property includes 6 enclosed parking stalls and two secure storage rooms, offering rare convenience for tenants in this desirable beachside area. With a solid structure, many continuous upgrades and consistent rental income, this property offers excellent repositioning potential through gradual tenant turnover, allowing for suite upgrades and rent optimization. The charm of mid-century architecture paired with modern improvements makes this an ideal hold for investors looking to enhance value over time.

Amenities and Features

Other Features
Central Location
Covered Parking
Entry System
Shared Laundry
Storage in Unit
Storage in Unit
Storage Lockers
Surface Parking

Map

Transport
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Schools
Restaurants
Pharmacies
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Chris Hayne