Costa Brava is a 23-suite 3-storey wood-frame rental apartment building located in the heart of Vancouver’s West End. Constructed in 1962, the building is improved on a 66’ × 131’ (8,646 SF) RM-5 zoned lot and features a two-bedroom penthouse, surface parking for 7 cars, laundry facilities (2 washers/2 dryers) and storage lockers. Property held in a bare trust.
Costa Brava is extraordinarily well located mid-block on Barclay Street between Cardero and Nicola Streets. Davie Street, only 4 blocks away, is a popular pedestrian shopping area considered “the main drag” of the neighbourhood featuring a wide variety of shops, hotels, nightlife and bars, restaurants, and grocery stores. Another popular thoroughfare known as Denman Street is only 2 blocks away and stretches across the West End from English Bay to Coal Harbour. Robson Street, Vancouver’s pre-eminent high-end shopping destination, is only 2 blocks away. The property is also located within walking distance of numerous transit options providing connections to all areas of Metro Vancouver. Finally, Costa Brava is a short walk to the beaches of the English Bay waterfront and the lush greenery of the world famous thousand-acre Stanley Park.
|No. units||Average size||Average rent|
|Bachelor||No. units3||Average size359 SF||Average rent$1,118|
|1 bedroom||No. units18||Average size564 SF||Average rent$1,322|
|2 bedroom||No. units1||Average size680 SF||Average rent$1,294|
|2 bedroom penthouse||No. units1||Average size719 SF||Average rent$1,209|
|Financing||Treat as clear title.|
|Income and expenses|
Net operating income
Gross income 363,039
For current rent roll and expense statement, click here. Note that units #102 and #107 are unauthorized suites.
The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by Goodman Commercial.