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Acacia Tree Place

228 East 15th Street, North Vancouver

Apartment Building
11 suites

Overview

Acacia Tree Place is an 11-suite apartment building located in North Vancouver’s Central Lonsdale neighborhood across from Lions Gate Hospital.

The North Vancouver OCP designates the property as Residential Level 6 — High Density (high-rise apartment) which allows for a 2.3 FSR plus an additional bonus 1.0 FSR for rental construction. Total of 3.3 FSR.

Summary

PriceCall for price
Units11
Storeys3
Year Built1957
Lot Size52’ × 143.5’ (7,462 SF)
ZoningResidential Level 6 (OCP)
PID009-654-399

Suite Mix

 No. UnitsAvg. Sq. Ft.Avg. Rent
BachelorNo. Units1Avg. Sq. Ft.500Avg. Rent$704
One bedroomNo. Units6Avg. Sq. Ft.700Avg. Rent$954
Two bedroomNo. Units4Avg. Sq. Ft.950Avg. Rent$1,392

Financials

FinancingTreat as clear title.
Assessment 2018
Land
Building
Total
Land$5,148,000
Building$15,500
Total$5,163,500
Taxes 2018
$12,531

The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by Goodman Commercial.

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