Overview
The Audrey is a fully renovated 14-suite, three-storey walk-up rental building in the heart of Vancouver’s Kitsilano neighbourhood.
Originally built in 1928, the property was gutted to the studs and comprehensively rebuilt in 2014 with new plumbing, electrical, windows, roof, and a high-efficiency boiler. All suite interiors have been modernized and include dishwashers and updated appliances.
The building sits on a 5,600 SF corner lot (50′ × 112′) and comprises 6 bachelor and 8 one-bedroom suites. Amenities include storage lockers for each suite and a shared laundry room with a leased washer and dryer.
The property is zoned R3-3 and designated for mid- to high-rise apartments within Kitsilano North Area B (KKNB) of the Broadway Plan. It also falls under Tier 3 of the Transit-Oriented Areas rezoning policy.
Location
The Audrey is prominently situated in Vancouver’s highly desirable Kitsilano neighbourhood, a prime Westside location known for its strong rental demand and vibrant community atmosphere.
Positioned a half block from the West 4th commercial corridor, the property offers immediate access to a wide array of shops, restaurants, and daily conveniences. Its proximity to the future Broadway Subway line provides excellent transit connectivity to UBC, Downtown Vancouver, and the wider region, reinforcing its long-term investment appeal.
Surrounded by established residential areas, parks, and top-rated schools, The Audrey combines urban convenience with neighbourhood charm. This well-connected, amenity-rich setting positions the property in one of Vancouver’s most sought-after multifamily markets.

Suite mix
| No. units | Average size | Average rent | |
|---|---|---|---|
| Studio | No. units6 | Average rent$1,801 | |
| 1 bedroom | No. units8 | Average rent$1,991 |
Financials
| Financing | Treat as clear title | |
|---|---|---|
| Assessment 2026 | Land Building Total | Land$2,070,000 Building$2,718,000 Total$4,788,000 |
| Taxes 2026 | $16,443 | |
| Income and expenses | Gross income Vacancy Effective gross Operating expenses Net operating income | Gross income$325,572 Vacancy(1,628) Effective gross$323,944 Operating expenses(76,314) Net operating income$247,631 |
| 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
Mortgage calculator
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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