Skip to content

Kerrisdale Apartments in Vancouver's west side sells for $4.35M

The complex was built in 1954 and sold this month for $483,333 per unit
kerrisdale apartments
Kerrisdale Apartments is a three-storey rental building in Vancouver's West End.
Price: 4,350,000
No. of Units:
Price/Unit: $483,333
Lot Size: 7,000 SFL
Property Type: Multi-family
Zoning: RM3
2016 B.C. Assessment Value: $3,882,000
Date of Sale: 01/12/2017
City: Vancouver
Province: B.C.
Name of Brokerage: HQ Commercial
An apartment complex in Vancouver’s Kerrisdale neighbourhood has sold for $4.35 million this month, The Goodman Report tells Western Investor
The townhouse-style rental building has nine suites, including four one-bedroom units, four two-bedroom units, and one bachelor suite. The property has a net operating income of $99,749 and an assessed value of $3,882,000. Rents are said to be below marked value, with the average monthly rate for a one-bedroom suite priced at $1,053.
The property is located at 2346 W 43rd Ave., Vancouver. 

Do you have a Done Deal you'd like to promote? Submit here for a free posting!