2425 York Avenue, Vancouver

2425 York Avenue, Vancouver

$13,250,000 - Sold

Sold on August 26, 2019
24 units ($552,083 per unit)
Sold for $13,250,000

24-Suite Apartment Building 100 metres to Kitsilano Beach


The Opportunity

The Queen of York. After undergoing extensive renovations this property is a renters’ paradise with 16/24 suites extensively renovated with modern accessories and finishing. New counter tops, cabinets, fixtures, vanities, flooring, windows, and much more has been implemented into this tenant improvement program to provide some of the best rental accommodation in the area. Exterior paint and siding has been added to enhance the curb appeal. The entire property has been landscaped opening up the visibility while still providing greenery. The lobby has been redone.


The Location

Rated “Walker’s Paradise”, this ideally-situated property sits in the heart of Kitsilano, one of Vancouver’s most highly sought-after neighbourhoods. Located just 100 meters from Kitsilano Beach & Pool, tenants are also within walking distance to Yew Street with local eatery, pub, bakery and grocery market. Vancouver’s award-winning attractions at Granville Island are only an 8-minute drive away while several nearby transit routes promote direct access to the city’s downtown core. Numerous shopping & dining options are available on West 4th Avenue which is a 5-minute drive or 15-minute bus ride.


Property Details
Number of Units 24
Lot Size 12,000 SF (100’ x 120’)
Zoning RM-4
Property Taxes (2018) $24,230
Year Built 1965

Suite Mix
Bachelor 8 units
One-Bedroom 14 units
Two-Bedroom Penthouse 2 units
Total 24 units

 

Property on Map

No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and the same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice, and of any special listing conditions imposed by our principals no warranties or representations are made as to the condition of the property or any hazards contained therein are any to be implied.

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