Parkview Gardens

Overview

Parkview Gardens is an extremely well-maintained 16-unit two-storey apartment building located in Delta’s community-orientated Ladner neighbourhood. More notably, the subject property is situated directly across from Memorial Park and Delta Secondary School.

Built in 1972 and improved on a desirable 132’ x 132’ (17,405 SF) RA20 zoned corner lot, the building’s suite mix comprises 8 one-bedrooms and 8 two-bedrooms. Other highlights include attractive landscaping with plenty of greenery, 1 set of owned washer & dryer, ample parking with 6 covered and 15 surface stalls located at the rear of property and a range of recently completed major capital upgrades. The property is held in a company that can be purchased.

Building Highlights

• Well-maintained siding façade featuring brick
• Suites feature balconies (ground floor units have patios)
• Storage rooms located on main and 2^nd floor (1 locker per suite)
• Additional storage located on ground floor includes a workshop (tenant use) and bike storage room
• Plenty of additional street parking in front of property
• Extremely well-maintained common spaces: ceilings, carpet and paint in hallways and stairways appear in great shape
• Front door vestibule with updated doors
• Building has intercom system
• Lobby features updated vinyl flooring, mailboxes, and seating (2 single armchairs)
• 16 meters plus 1 house meter

Building Upgrades

• Complete re-piping by Brighter Mechanical at a cost of $160,000 (2013)
• High-efficiency boiler installed by Acorn Heating & Plumbing for $36,000 (2020)
• New vinyl flooring in entry and laundry room (2021)
• Roof replaced (approximately 2011)
• Suite #204 was recently renovated upon tenant turnover. Upgrades included new carpet, cabinet & suite paint, balcony vinyl flooring & new GE brand range.

Location

Parkview Gardens is situated on the northeast corner of Garry Street and 47th Avenue, directly across from Ladner’s Memorial Park and Delta Secondary School. The large 17,405 square foot property features 132’ foot frontage along both Garry Street and 47th Avenue. The property is located in a family centric pocket of Ladner and is within a short walking distance to a mix of restaurants, grocery and other everyday retail amenities located just 2 blocks north of the property.

Ladner affords an abundance of public amenities for locals including schools, parks, and proximity to Delta hospital. The property’s convenient location is also just minutes to Ladner Exchange Park and Ride and to Highway 99, providing many transportation options.