1265 Cardero Street
A 26-suite 6-storey concrete building built in 1955 in Vancouver’s West End. In superb condition with rents well under market.
Near Vancouver’s beautiful English Bay, the subject site is located on the west corner at the intersection of Burnaby Street and Cardero Street in Vancouver’s West End. Surrounding developments include a variety of older and newer low and high rise apartments. Shopping is very close by on Davie Street with a Safeway store just two blocks from the subject. There are additional commercial use properties along Davie Street and of course Denman Street which has a wide variety of commercial outlets including coffee shops, restaurants, stores, banks, and other service sector establishments. In conclusion, this fully serviced, and well located property by the beach and transit, provides the full appeal of prime Vancouver living.
The subject building is a 6-storey concrete split level apartment known as Casa Del Vandt. It includes a roof-top penthouse suite and a manager’s unit plus parking for 12 vehicles at lane grade.
Recent improvements include two new gas fired domestic hot water tanks in the boiler room; all hallways, entryways, and parking lights changed to halogen, common hallway carpets replaced in 1998; plumbing restoration; new controls for automating heating system; roof replaced 4 years ago; and recently installed fire retardant walls in elevator. Overall, the subject building is considered to be in good condition and has been well maintained.
|One Bedroom||No. Units12|
|Two Bedroom||No. Units12|
|Income and Expenses|
Net Operating Income
The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by HQ Commercial.