Dogwood Apartments is a 13-suite two-storey building improved on a large 12,000 SF lot. Built in 1958 of wood-frame construction, the property comprises a suite mix of 2 bachelors, 7 one-bedrooms and 4 two-bedrooms and features 12 full size storage lockers, laundry facilities (1 washer/1 dryer) and 8 surface parking stalls. Some upgrades include a new roof (2006) and re-piping (1995). A recent Stage 1 Environmental Report does not recommend any further investigation.
Dogwood Apartments is located in South Burnaby on the north side of Arcola Street, one block north of Kingsway in the heart of the Highgate Town Centre. Only 3 blocks to Highgate Shopping Centre and walking distance to Edmonds Community Centre, restaurants, transit and various amenities. Only a 12-minute walk to the Edmonds SkyTrain Station and a 5-minute drive to Metrotown Mall.
|No. units||Average size||Average rent|
|Studio||No. units2||Average size400 SF||Average rent$764|
|1 bedroom||No. units7||Average size711 SF||Average rent$861|
|2 bedroom||No. units4||Average size938 SF||Average rent$946|
|Income and expenses|
Net operating income
|Notes||For a rent roll and income and expense statement please click here.|
The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by Goodman Commercial.