Overview
Esquire Apartments is a well-maintained, 10-suite, three-storey walk-up rental building located in Vancouver’s sought-after Kitsilano neighbourhood. Built in 1949 on a 6,262 sq. ft. lot (50′ × 125′), it comprises eight one-bedroom suites and two bachelor suites.
Features include beautiful hardwood floors, six surface parking stalls at the rear of the building, full-size storage lockers for each suite, one washer/dryer set (owned) and four secured garages that offer additional rental income.
Upgrades include a new hot water tank (installed in 2021), piping replaced (2000) and an upgraded indoor/outdoor security system. Suites are renovated as required upon tenant turnover, with select units featuring double-pane windows, new flooring, and in-suite laundry (units 1 and 6). A recent Phase I was commissioned concluding there are no environmental concerns.
The property is held in a bare trust – share purchase available.
Location
Esquire Apartments is prominently situated in Vancouver’s highly desirable Kitsilano neighbourhood – a prime westside location renowned for its strong rental demand and vibrant community atmosphere.
Positioned directly along the West Broadway commercial corridor, the property offers immediate access to an array of shops, restaurants, and daily conveniences. Its location along the future Broadway Subway line ensures exceptional transit connectivity to UBC, Downtown Vancouver, and the wider region, further enhancing its long-term investment appeal.
Surrounded by established residential enclaves, parks, and top-rated schools, the property delivers a rare combination of urban convenience and neighbourhood charm. This well-connected, amenity-rich location firmly positions Esquire Apartments in one of Vancouver’s most sought-after multifamily markets.
Suite mix
| No. units | Average size | Average rent | |
|---|---|---|---|
| Studio | No. units2 | Average size450 SF | Average rent$1,462 |
| 1 bedroom | No. units8 | Average size650 SF | Average rent$1,712 |
Financials
| Financing | Treat as clear title | |
|---|---|---|
| Assessment 2026 | Land Building Total | Land$2,079,000 Building$1,704,000 Total$3,783,000 |
| Taxes 2025 | $11,765 | |
| Income and expenses | Gross income Vacancy Effective gross Operating expenses Net operating income | Gross income$224,468 Vacancy(1,122) Effective gross$223,346 Operating expenses(54,307) Net operating income$169,039 |
| Notes | For a rent roll and expense statement, 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
Megan Johal
Personal Real Estate Corporation
megan@goodmanreport.com
(604) 537 8082
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
Megan Johal
Personal Real Estate Corporation
megan@goodmanreport.com
(604) 537 8082
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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