132 West 4th Street, North Vancouver
Chatelaine Apartments is a very clean and well-maintained 10-suite walk-up apartment building centrally located in North Vancouver’s Lower Lonsdale neighbourhood, a short walk to the SeaBus station and Lonsdale Quay. The building features oversized suites with refinished hardwood floors, surface parking (5 stalls at rear), a large laundry room with one washer/dryer set (owned), bike storage and tenant storage (8 lockers). Large unused space in the basement may present an opportunity for expansion of an additional suite.
There have been several updates over the years:
- High efficiency boiler (2020)
- Torch-on roof (2018)
- New aluminum fence at rear (2018)
- Hot water tank (2016)
- Irrigation system (2011)
- New wool blend carpet in common areas
- Various plumbing pipes replaced with plastic over the last ten years
- 9/10 suites have had various suite upgrades over the years including, as required, refinished hardwood floors, new stoves and fridges, new toilets, new tiling in bath/shower, new custom blinds
Chatelaine Apartment is located in arguably the hottest area of North Vancouver in the heart of the Lower Lonsdale corridor. Situated on 4th Street, just west from Lonsdale Avenue, this location offers convenient access to Downtown Vancouver via to the Lions Gate Bridge (5.4km) or Eastbound to the Ironworkers Memorial Bridge (5.1km). The Lonsdale Quay Market and SeaBus are within 5-minute walking distance which connects to a 12-minute boat ride Downtown. A few minutes’ walk to a wide range of retail amenities, supermarkets, community services such as the John Braithwaite Community Centre, restaurants, boutiques, trendy cafes and excellent bus transportation along Lonsdale.
|No. units||Average size||Average rent|
|1 bedroom||No. units7||Average size643 SF (est)||Average rent$1,352|
|2 bedroom||No. units3||Average size750 SF (est)||Average rent$1,693|
|Financing||Treat as clear title.|
|Income and expenses|
Net operating income
For current rent roll and expense statement, click here.
Unit #10 is unauthorized.
The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by Goodman Commercial.