INVESTMENT OPPORTUNITY

3 Adjacent Residential Multi-Tenanted Homes with Development Potential

Vancouver’s West End is an incredibly vibrant, diverse, walkable and densely populated community, surrounded by world-class parks and beaches, and is walking distance from Vancouver’s Downtown & Central Business District. The neighbourhood has developed a rich character and historic charm, defined by quiet, tree-lined streets, a diverse mix of building heights and styles, and access to a variety of local services and amenities.

Situated between West Georgia Street, Burrard Street, Stanley Park and English Bay, The West End also includes a number of popular districts including: Denman Street, which provides some of the best local shopping, services and restaurants; Robson Street & Alberni Street, which together provide excellent options for high-end retail shopping & dining; and Davie Street a culturally diverse and vibrant hub with excellent nightlife & dining options.

SALIENT FACTS

PROPERTY

PID

#

ZONING

SITE SIZE

SITE DIMENSIONS

OUTRIGHT FSR

OUTRIGHT DENSITY (SF)

ASSESSMENT VALUE(2021)

GROSS TAXES

BUILT

FINISHED AREA(SF)

960 Cardero Street

014-510-413

RM-5

3,242 sq. ft.

32.75’ x 99’

1.50

4,863

$2,175,000

$5,658

1910

2,788

968 Cardero Street

014-510-391

RM-5

3,242 sq. ft.

32.75’ x 99’

1.50

4,863

$2,200,000

$5,845

1910

2,228

974 Cardero Street

014-510-383

RM-5

3,242 sq. ft.

32.75’ x 99’

1.50

4,863

$2,231,000

$6,036

1910

2,776

960 Cardero Street

960 Cardero Street

968 Cardero Street

968 Cardero Street

974 Cardero Street

974 Cardero Street

INVESTMENT HIGHLIGHTS

  • 3 individually titled single-family homes
  • The properties are not on Vancouver’s Heritage Registry
  • Strong residential holding income
  • RM-5 zoning allows for multi-residential use
  • Rare opportunity to acquire 9,727 SF of land in the West End
  • High-rise residential precedent in the immediate neighbourhood
960 Cardero Amenities

Location

FOR MORE INFORMATION, PLEASE CONTACT:

Robert Veerman
Sales Associate
International Markets Team
robert.veerman@cbre.com
604-662-5139