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Leamington Apartments 3040 Nanaimo St 17 Unit Apartment Building $4,495,723 USD ($264,454 USD/Unit) 2.44% Cap Rate Vancouver, BC V5N 5G3
INVESTMENT HIGHLIGHTS
- Prime Renfrew Heights location near Trout Lake and schools
- Recent upgrades including windows, plumbing, and hot water tanks
- Redevelopment potential under RM-3A zoning
- Transit-oriented site within walking distance to SkyTrain stations
- Strong suite mix with proven rental demand and income stability
EXECUTIVE SUMMARY
PRICE REDUCED - FOR SALE | 17-Unit Apartment Building in Renfrew Heights
NAI Apartments is pleased to offer the opportunity to acquire a 17-unit apartment building.
Investment Highlights and Building Upgrades
• Coveted Location: Close to schools, parks and Trout Lake.
• Recent Improvements: New windows, recently painted exterior and common areas. Updated plumbing. New hot water tanks.
NAI Apartments is pleased to offer the opportunity to acquire a 17-unit apartment building.
Investment Highlights and Building Upgrades
• Coveted Location: Close to schools, parks and Trout Lake.
• Recent Improvements: New windows, recently painted exterior and common areas. Updated plumbing. New hot water tanks.
PROPERTY FACTS
| Price | $4,495,723 USD | Apartment Style | Low-Rise |
| Price Per Unit | $264,454 USD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.22 AC |
| Cap Rate | 2.44% | Building Size | 15,060 SF |
| No. Units | 17 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1959 |
| Property Subtype | Apartment | Parking Ratio | 0.6/1,000 SF |
| Zoning | RM-3A | ||
| Price | $4,495,723 USD |
| Price Per Unit | $264,454 USD |
| Sale Type | Investment |
| Cap Rate | 2.44% |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 15,060 SF |
| No. Stories | 3 |
| Year Built | 1959 |
| Parking Ratio | 0.6/1,000 SF |
| Zoning | RM-3A |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Recycling
- Storage Space
- Public Transportation
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 12 | - | 740 - 750 |
| 2+1 | 3 | - | 1,000 |
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Walk Score®
Very Walkable (77)
Transit Score®
Excellent Transit (84)
Bike Score®
Biker's Paradise (92)
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VIDEOS
MATTERPORT 3D EXTERIOR
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Leamington Apartments | 3040 Nanaimo St
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