Skip to content

Vancouver apartment block sells for $309,091 per unit

Unconditional offer won out over multiple competing bids
3263-oak-street-vancouver
Scott Manor at 3263 Oak St., Vancouver, sold April 30 for $3.4 million.

DEAL | Scott Manor, a three-storey multi-family asset at 3263 Oak Street, Vancouver, traded April 30 for $3.4 million. Built in 1945 and holding RM-3A zoning within the affluent Shaughnessy neighbourhood, the property offers 11 one-bedroom units within 800 metres of rapid transit. The listing garnered multiple offers with the vendor accepting an unconditional offer at a 9.4 per cent discount to the list price. The final price averaged $309,091 per unit, an exceptionally low amount reflecting current rents. 

PRICE | $3,400,000

FROM | Stanley Chiu, Gammon International