All Property Sizes

  • All Property Sizes
  • Less than 1,000
  • 1,000 to 5,000
  • 5,000 to 10,000
  • 10,000 to 30,000
  • 30,000 to 50,000
  • 45,000 to 50,000
  • 50,000+

Price Range: From to

45 Unit Apartment Building in North Burnaby

366 Howard Ave, Burnaby, BC V5B 3P8, Canada

32,174 SF

Sold
  • Description
  • Details
  • Features
  • Address
  • Video

Description

Location

This trophy asset is located at the southeast corner of Howard Avenue and Capitol Drive in the Capitol Hill area of North Burnaby. More specifically, the asset is located just north of Hastings Street. The location is phenomenal as it has traditionally been regarded as an area with extremely low vacancy rates, numerous amenities within walking distance, direct bus service to Simon Fraser University Campus and downtown Vancouver.

Features

  • 45 unit building
  • Two boilers, two hot water tanks
  • Three (3) washers, three (3) dryers in the common laundry facility
  • Hot water heating to each unit (one hot water tank recently replaced)
  • Some upgrades recently completed (contact listing broker for details)
  • Natural gas furnace
  • Each unit individually metered for electricity
  • Two underground parking areas
  • Each suite consists of kitchen area
  • Each unit comes with an intercom
  • Fourth floor suite with rooftop access
  • Favourable suite mix (only 3 bachelor suites)
  • One elevator
  • Large garden areas
  • Large workshop area
  • Low average rents
  • Fully occupied
  • Amenity room
  • Storage lockers
  • Well-managed asset
  • Stunning views
  • Bus service steps away

Details

Updated on April 19, 2021

  • Property Size: 32,174 SF
  • Property Type: Multifamily, Investment
  • Property Status: Sold

Additional Details

  • Zoning: RM-3
  • Year Built: 1972
  • Parking: 41 underground stalls
  • Address: 366 Howard Avenue
  • City: Burnaby
  • Province: British Columbia
  • Postal Code: V5B 3P8
  • Country: Canada

Video