Overview
Prime Kitsilano! Villa Adnor is a well maintained three storey plus penthouse apartment building located in Vancouver’s extremely popular Kitsilano neighbourhood. Only one block south of Kits Beach, the property features 11 suites including 2 penthouse units with sweeping views of English Bay and the North Shore Mountains. Ideal for owner-occupier. Rents significantly below market.
Location
Villa Adnor is situated mid block on the south side of York Avenue between Vine and Balsam Streets in prime Kitsilano. Only one block south of 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, a seaside walkway that overlooks the Burrard Inlet, Kitsilano Yacht Club and Point Grey Private Hospital. Various, restaurants, caf�s, amenities and bus transportation are close by along Cornwall and Yew Street —only one block in either direction.
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), cafes and its close proximity to Downtown Vancouver and UBC.
Features
- Wood-frame building with stucco and wood trim exterior
- Gorgeous sweeping views from penthouse units with oversized patio decks
- Prime north-of-4th Avenue Kitsilano location
- Nine of the eleven suites have balconies
- Beautifully landscaped
- Hardwood in all suites
- One washer/one dryer – leased
- Surface parking for 5 cars
- Full size locker storage for tenants
- Gas-fired boiler (approx 2000)
- Roof (at least 10 years old)
- Hallway carpets (approx 2007)
- Ongoing program of maintenance to suites and common areas with many upgrades over the years
Suite mix
No. units | |
---|---|
One Bedroom | No. units9 |
Penthouse (2 Br) | No. units2 |
Financials
Financing | Treat as clear title. | |
---|---|---|
Assessment 2012 | Land Building Total | Land$1,964,000 Building$944,000 Total$2,908,000 |
Taxes 2012 | $11,743.13 | |
Income and expenses | Gross income Vacancy Effective gross Operating expenses Net operating income | Gross income$159,033 Vacancy(398) Effective gross$158,635 Operating expenses(52,909) Net operating income$105,726 |
Notes | For a current rent roll and 12 month expense statement, click here. |
The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by Goodman Commercial.
Contact
Mark Goodman
Personal Real Estate Corporation
mark@goodmanreport.com
(604) 714 4790
Goodman Commercial Inc.
560–2608 Granville St
Vancouver, BC V6H 3V3
Mortgage calculator
Contact
Mark Goodman
Personal Real Estate Corporation
mark@goodmanreport.com
(604) 714 4790
Goodman Commercial Inc.
560–2608 Granville St
Vancouver, BC V6H 3V3