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2494 Cornwall Avenue, Vancouver $18,000,000

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2494 Cornwall Avenue
Taxes $20391.93
District Kitsilano
Overview
Brochure
 Cornwall Ave 2494 LEE SALE - [pdf]
 

Opportunity

Lee & Associates Vancouver and Team 3000 Realty are pleased to present the opportunity to acquire a rarely available co-operative owned apartment building in the prestigious Kitsilano neighborhood. Gwen-Lyn Manor, built in 1948, is a three storey multi-family residential building, set up as a market-rate housing co-operative (CO-OP). The building is exceptionally well-maintained, and offers an irreplaceable location. A great opportunity as a rental building conversion or redevelop to new strata or rental construction.
 

Highlights

  1. Ideally positioned within less than 5 minute walking distance to the world famous Kitsilano Beach, restaurants and cafes on Yew Street, and minutes to Downtown Vancouver via the Burrard Bridge
  2. Separate laundry room — 1 washer; 1 dryer (owned)
  3. Very clean exterior and common area
  4. Inner common area court yard
  5. Telus fibre optics throughout building (2016)

 

Possibilities

  1. Able to immediately redevelop without any rental replacement units required
  2. Potential to take advantage of the Affordable Housing Choices Interim Rezoning Policy, to allow a luxury rental development of up to 6 stories
  3. Hold as a long term rental investment in an irreplaceable location
Amenities
  • Renovated
  • Yard Area
  • Near Transit
  • Storage
  • Corner Location
2494 Cornwall Avenue
Vancouver, British Columbia V6K 1B9
Canada
Sale Type: For Sale
Category: Sale, Investment
Martin Delafontaine
Personal Real Estate Corporation
Lee & Associates Vancouver
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(604) 630-3408
(604) 418-5992
Senior Vice President, Investment Sales and Land Assembly
Howard Malchy
Personal Real Estate Corporation
Lee & Associates Vancouver
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(604) 895-2226
(604) 727-7117
Senior Vice President, Commercial Leasing, Investment Sales
Arash Rezai
Personal Real Estate Corporation
Lee & Associates Vancouver
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(604) 630-3406
(604) 356-2356
Investment Sales and Land Assembly
Details
Taxes: $20391.93
Tax Year: 2017
District: Kitsilano
Zoning: RM-4
2494 Cornwall Avenue
Vancouver, British Columbia V6K 1B9
Canada
Sale Type: For Sale
Category: Sale, Investment
Martin Delafontaine
Personal Real Estate Corporation
Lee & Associates Vancouver
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(604) 630-3408
(604) 418-5992
Senior Vice President, Investment Sales and Land Assembly
Howard Malchy
Personal Real Estate Corporation
Lee & Associates Vancouver
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(604) 895-2226
(604) 727-7117
Senior Vice President, Commercial Leasing, Investment Sales
Arash Rezai
Personal Real Estate Corporation
Lee & Associates Vancouver
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(604) 630-3406
(604) 356-2356
Investment Sales and Land Assembly
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2494 Cornwall Avenue
Vancouver, British Columbia V6K 1B9
Canada
Sale Type: For Sale
Category: Sale, Investment
Martin Delafontaine
Personal Real Estate Corporation
Lee & Associates Vancouver
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(604) 630-3408
(604) 418-5992
Senior Vice President, Investment Sales and Land Assembly
Howard Malchy
Personal Real Estate Corporation
Lee & Associates Vancouver
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(604) 895-2226
(604) 727-7117
Senior Vice President, Commercial Leasing, Investment Sales
Arash Rezai
Personal Real Estate Corporation
Lee & Associates Vancouver
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(604) 630-3406
(604) 356-2356
Investment Sales and Land Assembly
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2494 Cornwall Avenue
Vancouver, British Columbia V6K 1B9
Canada
Sale Type: For Sale
Category: Sale, Investment
Martin Delafontaine
Personal Real Estate Corporation
Lee & Associates Vancouver
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(604) 630-3408
(604) 418-5992
Senior Vice President, Investment Sales and Land Assembly
Howard Malchy
Personal Real Estate Corporation
Lee & Associates Vancouver
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(604) 895-2226
(604) 727-7117
Senior Vice President, Commercial Leasing, Investment Sales
Arash Rezai
Personal Real Estate Corporation
Lee & Associates Vancouver
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(604) 630-3406
(604) 356-2356
Investment Sales and Land Assembly
Gallery

 

 
475 West Georgia Street, Suite 800  |  Vancouver, BC  V6B 4M9
Tel: (604) 684-7117  |  Fax: (604) 684-1017