For sale: Awesome Kitsilano apartment building featuring panoramic water & mountain views

The York

2358 York Avenue, Vancouver

Totally renovated 11-suite apartment building – one block to Kitsilano Beach

Price: $8,000,000

Highlights

Prime Kitsilano! The York is an exceptionally well-maintained 11-suite three-storey (plus penthouse level) rental apartment building located in Vancouver’s popular Kitsilano neighbourhood, only one block to Kits Beach. 

The building is improved on 6,000 SF RM-4 zoned lot and has undergone a comprehensive renovation program of suites and common areas. There is still significant rental upside that can be realized on suite turnover without additional renovations required.

There are balconies or decks for 9 of the 11 units and most feature hardwood floors. There is a gas-fired boiler for hot water radiant heat and separate individual meters for electricity. There are 5 surface parking stalls in the rear, full-size lockers for tenant storage and washer/dryer laundry facilities. An updated clean Stage 1 Environmental Report has recently been commissioned.

The highlight of this offering are the two massive penthouse units with oversized 500 SF patio decks featuring sweeping ocean views of English Bay and the North Shore Mountains (additionally, unit #306 and #309 have views). Ideal for owner-occupier—potential to combine both penthouse units for a total of 1,720 SF + 1,000 SF of patio featuring unobstructed views.

Location

Kitsilano, especially north of 4th Avenue, is considered one of the most desirable locations in the City of Vancouver to live, with its numerous beaches, parks, recreation centres, retail amenities, movie theatre (5th & Burrard), cafés and its close proximity to Downtown Vancouver and UBC. 

The York is located on the south side of York Avenue between Balsam and Vine Streets, just one block to Cornwall Avenue, the waterfront “main drag” which runs parallel to popular Kitsilano Beach coastline and offers stunning views of English Bay, the West End’s skyline and the North Shore Mountains. Within walking distance is Kits Beach pool and park, tennis courts, the Boat House Restaurant, a seaside walkway that overlooks the Burrard Inlet, Kitsilano Yacht Club and Point Grey Private Hospital. 

For more details on the site, visit our website www.goodmanreport.com