On behalf of CBRE Limited, The International Markets team is pleased to offer for sale two distinct properties nestled in Vancouver’s famous Kitsilano neighbourhood. Both buildings have significantly benefited from a very high duty of care and constant maintenance. The majority of suites have been renovated and upgraded with tenant turnover. The roof, building envelope, windows, carpet / tiling in common areas, fire systems, and parkade membrane have been upgraded or replaced regularly.
Ocean Place is located at 2280 Cornwall Avenue primely located on the waterfront of Vancouver’s famous Kitsilano Beach. The property is one of the few multi-family buildings featuring unencumbered views of English Bay, Kitsilano Beach and the North Shore mountains. The property is improved by a three storey multi-family building with 24 suites featuring 2.5 levels of underground parking featuring 32 car stalls, 14 motorcycle stalls, bike storage, elevator access, with meticulously maintained premises. The property sits on a lot measuring 100’x120’ offering a defensive position for future long term redevelopment.
Pine Place is located at 2775 Pine Street located on the northwest corner of Pine Street and West 12th Avenue in Vancouver’s Fairview neighbourhood. The property is improved with three storey multi-family building with 20 suites featuring 1.5 levels secured underground parking featuring 20 underground car stalls, 3 motorcycle stalls, 2 surface car stalls, bike storage, elevator access and balconies. The property sits on a lot measuring 100’x125’ offering future development potential under the highly anticipated Broadway Subway Plan.
