For Sale Arbutus Villa 2155 West 7Th Avenue, Vancouver, Bc 20 Unit Apartment Building Just Steps from the Future Skytrain Subway Station at West Broadway & Arbutus

FOR SALE ARBUTUS VILLA 2155 WEST 7TH AVENUE, VANCOUVER, BC 20 UNIT APARTMENT BUILDING JUST STEPS FROM THE FUTURE SKYTRAIN SUBWAY STATION AT WEST BROADWAY & ARBUTUS

Phil Joubert Don Duncan Personal Real Estate Corporation Personal Real Estate Corporation Senior Associate Senior Vice President Capital Markets - Investment Sales Capital Markets - Investment Sales 604 608 5955 604 640 5828 [email protected] [email protected]

Suite 700 - 700 West Georgia Street / PO Box 10023, Paciﬁ c Centre / Vancouver, BC V7Y 1A1 / 604 683 3111 / 1 877 788 3111 / cushmanwakeﬁ eld.ca ARBUTUS VILLA 2155 West 7th Avenue, Vancouver, BC 20 UNIT APARTMENT BUILDING JUST STEPS FROM THE FUTURE SKYTRAIN SUBWAY STATION AT FOR SALE WEST BROADWAY & ARBUTUS

THE OPPORTUNITY PROPERTY HIGHLIGHTS THE LOCATION Cushman & Wakeﬁ eld ULC is pleased to off er for sale, 2155 West 7th Avenue • 20 Rental units individually metered Located in Vancouver’s west side, Kitsilano is bordered to the north by English Bay; 16th Avenue to the located in the Kitsilano neighbourhood of Vancouver, British Columbia (the south; Burrard Street to the east; and Point Grey to the west. Kitsilano’s sought after seaside community • Revenue upside upon tenant turnover “Property”). off ers a highly desirable lifestyle and relaxed atmosphere that boasts a unique mix of residents and • One set of coin operated laundry machines businesses. Known for its ﬂ ourishing wellness scene, specialty boutiques, scenic beaches, and housing WALK SCORE Arbutus Villa is a 3-storey, wood-frame, rental apartment building improved diversity, Kitsilano has been revered as one of Vancouver’s most beloved neighbourhoods. WALKER’S PARADISE on a 12,000 square foot lot with 100 feet of frontage along West 7th • 11 uncovered parking stalls and 8 covered 97 Avenue. The property consists of 20 rental units with an excellent suite mix • 20 storage lockers Kitsilano’s commercial corridors have exciting and lively streetscapes that are well-integrated with the of Bachelor, 1 Bedroom, 2 bedroom, and one penthouse suite totaling over residential character of the neighborhood. These commercial corridors are the primary sources of local 10,600 square feet of rentable space. • 270 meters to the future Arbutus / economic activity in Kitsilano providing retail amenities, restaurants and services. W. Broadway Skytrain subway station Situated in a sought after Kitsilano-Arbutus neighbourhood, the Property Supported by an interconnecting bus system, providing quick travel to the downtown core and • 140 meters from Delamont Park and the is less than 300 meters from the future Arbutus SkyTrain subway station surrounding suburbs, Kitsilano is a relatively transit dependent neighbourhood with 25% of its residents TRANSIT SCORE located on the corner of West Broadway and Arbutus Street. now completed Arbutus Greenway path using public transit to commute to work. EXCELLENT TRANSIT 77

BIKE SCORE BIKER’S PARADISE 100

THE BROADWAY PLAN Arbutus Villa will beneﬁ t immensely from the Broadway Plan being Subject Property developed by the City of Vancouver in preparation for the $7.1 billion

Skytrain Subway investment. ARBUTUS ST

Of the seven new subway stations, two will have a special “Village ARBUTUS GREENWAY District” designation – W. Broadway & Arbutus being one of them. Arbutus Villa is within the geographical boundary of the Village District and stands to gain from more focused municipal planning eff orts with SALIENT DETAILS regards to rental housing, land use, employment, public spaces and CIVIC ADDRESS 2155 West 7th Avenue, Vancouver, BC V6K 1X9 improved streetscapes. Furthermore, the Property is just 270 meters Future Skytrain away from the future W. Broadway & Arbutus Subway station. This will Station PARCEL IDENTIFIER 015-223-949; 015-223-957 provide residents with a means to commute further, faster, and possible forgo the cost of vehicle ownership. W BROADWAY ZONING RM-4 Multiple Dwelling

LEGAL DESCRIPTION Lot 15 Block 284 Plan VAP590 District Lot 526 Land District 36; Lot 16 Block 284 Plan VAP590 District Lot 526 Land District 36

YEAR BUILT 1965

UNIX MIX 5 Bachelor 12 One Bedroom 2 Two Bedroom 1 One Bedroom Penthouse 20 Total Units

LOT SIZE 12,000 sf (100’ x 120’)

2019 GROSS TAXES $24,105.88

PURCHASE PRICE $10,100,000 ARBUTUS VILLA 2155 West 7th Avenue, Vancouver, BC 20 UNIT APARTMENT BUILDING JUST STEPS FROM THE FUTURE SKYTRAIN SUBWAY STATION AT FOR SALE WEST BROADWAY & ARBUTUS

DOWNTOWN

YALETOWN

OLYMPIC VILLAGE

BURRARD BRIDGE

KITSILANO GRANVILLE STREET

ARBUTUS STREET

BURRARD STREET

WEST 4TH AVENUE

FUTURE BROADWAY SKYTRAIN EXTENSION ARBUTUS VILLA 2155 West 7th Avenue, Vancouver, BC 20 UNIT APARTMENT BUILDING JUST STEPS FROM THE FUTURE SKYTRAIN SUBWAY STATION AT FOR SALE WEST BROADWAY & ARBUTUS FOR SALE ARBUTUS VILLA 2155 WEST 7TH AVENUE, VANCOUVER, BC 20 UNIT APARTMENT BUILDING JUST STEPS FROM THE FUTURE SKYTRAIN SUBWAY STATION AT WEST BROADWAY & ARBUTUS

E.&O.E.: This communication is not intended to cause or induce breach of an existing agency agreement. The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Cushman & Wakeﬁ eld ULC 01/20 bg