Georgian House

Overview

Georgian House is a 12-storey 69-suite concrete rental apartment tower located in the heart of Vancouver’s Kerrisdale neighbouhood. Constructed in 1964, the property is improved on a 31,136 SF site with 248 feet of frontage and includes ~12,375 SF of excess infill development land well-positioned to capitalize on growing housing demand in this rapidly changing area.

The building is exceptionally well-maintained with beautiful mature landscaping and features a suite mix of 14 bachelors, 54 one-bedrooms and 1 two-bedroom penthouse. Other highlights include amazing panoramic views from the 8th, 9th and 10th floors, elevator service, tenant lockers, an outdoor swimming pool with exterior patio and BBQ area, 4 sets of washers/dryers in laundry room, a workshop and surface parking.

Location

Kerrisdale, located in the heart of Vancouver’s affluent Westside, is one of Canada’s most established and wealthy communities. The subject property stands tall on a beautiful tree-lined street on the east side of Vine Street between W 37th and W 39th Ave, only a few blocks to the Kerrisdale Community Centre and Kerrisdale Village. Situated two blocks to West Boulevard, and only two blocks to West 41st Avenue, considered one of the best upscale high-end fashion and retail shopping districts in the City. Walking distance to Point Grey High School, Kerrisdale Park, bus transportation, restaurants, a branch of the Vancouver Public Library and West Main Health Unit.

Infill development Potential

The northern half of the subject property affords a unique infill opportunity on ~12,375 SF of excess land. A preliminary architect’s zoning study proposes potential development ranging from 6-storey low-rise to 12-storey high-rise.

Upgrades

Georgian House has had a series of building upgrades over the years to both the suites and common areas including piping, boiler upgrades and roof replacement. Additionally, suites are updated as required on turnover.