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Cambie-area multi-family rental-strata sells for $3.8 million

Seven of eight units in a rare stratified rental property provides investment options in one of Vancouver’s most in-demand areas.
Goodman Commercial Inc., Vancouver, for Western Investor

Property type: Multi-family stratified rental

Location: 3208-3230 Willow Street, Vancouver

Number of units: 7 sold (of 8 in total)

Total leasable: 4,717 square feet

Land size: 8,052 square feet

Investment options: Rental investment; resale of strata units; strata wind-up and redevelopment under the Cambie Corridor Plan.

Price: $3.8 million

Price per unit: $542,857.

Brokerage: Goodman Commercial Inc., Vancouver

Brokers: Ian Brackett, Mark Goodman and Cynthia Jagger.