Le Warde

Overview

Le Warde is a well-maintained, 11-suite, three-storey apartment building located in Vancouver’s Fairview neighbourhood. It sits on the south side of West 14th Avenue, between Hemlock Street and Birch Street – just two blocks east of the prominent South Granville shopping district.

Built in 1955, the property is improved on a 6,250 sq ft lot (50′ × 125′) and features a suite mix of 9 one-bedroom units and 2 two-bedroom units. Amenities include double-paned windows, dishwashers in all suites, 11 full-size lockers, 5 surface parking stalls, tenant-paid electric heat, and a shared laundry room equipped with one set of owned washer and dryer.

A torch-on roof was installed in 2022, and units have been tastefully updated upon tenant turnover.

Le Warde can be purchased as a standalone building, or together with neighbouring Gauntlett Manor.

Land Use

The property is located within Fairview South – Area B (FSOB) under the Broadway Plan. This designation supports secured rental housing up to a maximum of 20 storeys and 6.5 FSR for sites with existing rental units.

A minimum of 20% of the residential floor area must be secured at below-market rental rates. The standard minimum frontage required to achieve a tower form is 150 feet, which may be conditionally reduced to as little as 99 feet at the discretion of the Director of Planning.

Location

Le Warde is located in Vancouver’s coveted Fairview neighbourhood. Situated on a quiet, tree-lined street just off Granville Street, the properties are within a short walk of the vibrant South Granville commercial corridor – offering immediate access to boutique shopping, everyday conveniences, cafes, restaurants, art galleries, and nearby parks and green spaces that enhance the area’s appeal as a highly desirable rental location.

Fairview is widely regarded as one of Vancouver’s most stable and sought-after Westside rental markets, with consistent demand from professionals and students alike. For investors, this prime central location, excellent transit and amenity access, and deep, diversified tenant base position these buildings as compelling long-term income properties – supported by strong fundamentals for ongoing rental performance and significant future redevelopment potential.