Overview
Park Vista is an exceptionally well-located 12-storey 41-suite concrete rental tower in the heart of Vancouver’s West End. The building features many upgrades, renovated suites, and an incredible location on a quiet cul-de-sac in the highly coveted “West of Denman” neighbourhood.
Built in 1965 on a an 8,646 SF lot, the building comprises a suite mix of 18 bachelors, 19 one-bedrooms, and 4 one-bedroom penthouses. Other highlights include three sets of leased washer/dryers, 20 secured parking stalls and 5 surface parking stalls (three of which are leased to EVO), an e-bike storage area and EV charging station.
Many suites have been renovated, with modern kitchen and bathrooms, including laminate flooring and dishwashers. The large penthouse units offer two balconies and 180 degree views over English Bay, Stanley Park and the North Shore mountains.
Upgrades
Recent upgrades at the building include:
- Exterior painting and concrete repairs in 2024
- New roof within past 5 years
- Re-piping in 2003
- New hot water tank in 2013
- New intercom and security camera system
- E-bike storage area on upper parking level
- EV charging station installed on lower parking level
- New garage doors installed on both lower and upper levels
Location
Park Vista is situated on the south side of Comox Street, in a cul-de-sac west of Chilco Street. The sunny beaches of English Bay and the lush greenery of the world famous thousand-acre Stanley Park is only steps away.
The building’s proximity to Denman Street offers tenants convenient access to a wide variety of shops, cafes and restaurants, while the Downtown core is only a 15-minute walk. Leafy tree-lined boulevards and traffic calmed streets truly make this one of the most desirable locations in all of Vancouver.
Suite mix
No. units | Average size | Average rent | |
---|---|---|---|
Bachelor | No. units16 | Average rent $1,681 | |
Bachelor & den | No. units2 | Average rent $1,307 | |
1 bedroom | No. units19 | Average rent $1,910 | |
1 bedroom PH | No. units4 | Average rent $2,555 |
Financials
Financing | Treat as clear title | |
---|---|---|
Taxes 2024 | $50,692 | |
Income and expenses | Gross income Vacancy Effective gross Operating expenses Net operating income | Gross income$950,031 Vacancy(4,750) Effective gross$945,281 Operating expenses(271,370) Net operating income$673,911 |
Notes | For more information, please contact listing agent. |
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
Ian Brackett
Goodman Commercial Inc.
560–2608 Granville St
Vancouver, BC V6H 3V3
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Contact
Mark Goodman
Personal Real Estate Corporation
mark@goodmanreport.com
(604) 714 4790
Ian Brackett
Goodman Commercial Inc.
560–2608 Granville St
Vancouver, BC V6H 3V3