West End Waterfront Apartment Building
Stanley Park
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Mannering Ave
Victoria Dr
Argyle St
Dumfries St
33 Ave
Kensington Park
32 Ave
>> Rare West End high rise on the corner of Pacific and Jervis Street with close proximity to English Bay >> Prime waterfront location across from Sunset Beach >> Corner location provides for irreplaceable long-term value >> Located in Vancouver’s West End/English Bay area, the most coveted apartment market in Canada >> Well-maintained 8-storey building with 56 units; strong mix of bachelor and 1-Bedroom suites
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COLLIERS INTERNATIONAL 200 Granville Street, 19th Floor Vancouver, BC V6C 2R6 +1 604 681 4111 www.collierscanada.com
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1380 Jervis Street, Vancouver, BC
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Van Dusen Botanical Gardens
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“Pacific Beach”
6 Ave
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Ave
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Arbutus Village Park
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n This document/email has been prepared by Colliers International for 28advertising and general information only. 28Colliers International Ave Nanton Ave 28 Ave Ave H Shaughnessy onsh makes no guarantees, representations or warranties of Devany the information including, but29 Avenot ire C kind, expressed or implied, regarding 29 Ave ge 29 Ave rst 29 Avenue tD r 29 Ave limited to, warranties of content, accuracy and reliability. Any interestedH party should undertake their ownHillcrest inquiries as to the accuracy BC Children’s Park Prince Of 32 A of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of 30 Ave ve Wales Park H Women’s Quilchena Park e 3 v 2 A this document 32and excludes all liability for loss and damages arising there from. This publication is the copyrighted property 32 Aveof Colliers Ave International and All rights reserved. This communication is not intended to cause or induce breach of an 33 Ave 33 Ave/or its licensor(s). © 2014. Queen Elizabeth 33 Ave 34 Ave 33 Ave existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Vancouver). *Personal RealPark Estate Corporation. JH/08/2014
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Average Household Income (2019)
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Pacific Spirit Regional Park
Stephens St
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Olympic Village
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Average Household Income (2014)
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Projected Population (2019)
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COLLIERS INTERNATIONAL 200 Granville Street, 19th Floor Vancouver, BC V6C 2R6 +1 604 681 4111 www.collierscanada.com 13 Ave
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Demographics Connaught Park
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3 Ave Highbury St
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Senior Vice President
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Sunset Beach
Penticton St
Executive Vice President
St
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Kamloops St
dr ell
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St oner missi Com St Wall Burrard View Yale St Park Nanaimo St
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Penticton St
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CONTACT US
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Stanley Park
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>> Balconies and windows offer tenants panoramic views of the Burrard Inlet and English Bay
FOR SALE > 1380 Jervis Street, Vancouver, BC
1380 JERVIS STREET > INVESTMENT OPPORTUNITY
SALIENT FACTS Civic Address:
1380 Jervis Street, Vancouver, BC
Legal Address:
PID: 018-241-565 Lot G Block 40 District Lot 185 Plan LMP 10319
Location:
1380 Jervis is situated on the north east corner of Jervis Street and Pacific Street in Vancouver’s West End neighbourhood. The property is located just steps from beautiful English Bay and a short walk from Davie an Denman Streets.
Site Size and Dimensions:
Total area of 10,742 SF; with 82 feet of frontage on Pacific Street and 131 feet of frontage on Jervis Street
Zoning:
Improvements:
The site is improved with an eight-storey, high-rise concrete rental apartment building. The building consists of 56 suites and an approximate net rentable area of 29,264 SF. Building footprint area of 4,680 SF and gross building area of approximately 42,140 SF.
Parking:
There are ten covered stalls and ten surface level parking stalls for a total of 20 parking stalls.
LOCATION >> Desirable waterfront location with close proximity to beaches, parks, shopping, restaurants, and services and expansive views of the Burrard Inlet and English Bay >> Situated at the northeast corner of Pacific and Jervis, offering water views overlooking Sunset Beach and the Burrard Inlet
WEST END MARKET OVERVIEW
56 with the following unit breakdown: # Units:
>> The West End’s strong rental market dynamics include a 0.7% vacancy rate and $2.51 average rent PSF for one bedroom units
25 Bachelor Suites 31 One Bedroom Suites
Avg. Unit Size: Bachelor: 393 SF | 1 Bedroom: 627 SF Avg. Rent PSF: $2.24 Stabilized NOI:
>> Demand for rental accommodation Downtown Vancouver will continue to increase as constrained land supply and construction costs restricts the financial feasibility of new rental developments
RM-5B Multiple Family Dwelling
$563,300 (annualized as of November 2014)
Gross Revenue: $806,932 Total Op Costs: $239,597
BUILDING CONDITION
Op Costs/Unit: $4,279
>> The building was constructed in 1958 and has been extensively renovated over the past 18 years.
Gross Taxes (2014):
$46,077.32
>> Recent capital improvements include new boilers and hot water storage tanks, replaced plumbing systems, renovated common areas,
Asking Price:
Contact listing agent.
upgraded elevator, refinished hardwood floors, and updated kitchen counter tops and new appliances in the suites as required.
t
f
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Beaver Lake
Pacific Street
Cau
Pipeline Rd
P ar k
D
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se w
ay
Aviso
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W ay
1A
Pa
rk
St
Dr
Lost Lagoon Burrard Inlet
t
ity Tri n
Wa ll
17 Ave
Penticton St
Kamloops St
29 Ave
rd St
Ga
Nanaimo St
lt S
Beatrice St
gs
33 Ave
37 Ave 38 Ave
Slocan St
37 Ave
wa
Chambers St
34 Ave
35 Ave
Clarendon St
37 Ave
34 Ave
Kin
Nanaimo St
Elgin St
36 Ave
Commercial St
35 Ave
Mannering Ave
Victoria Dr
Argyle St
Dumfries St
33 Ave
Kensington Park
32 Ave
>> Rare West End high rise on the corner of Pacific and Jervis Street with close proximity to English Bay >> Prime waterfront location across from Sunset Beach >> Corner location provides for irreplaceable long-term value >> Located in Vancouver’s West End/English Bay area, the most coveted apartment market in Canada >> Well-maintained 8-storey building with 56 units; strong mix of bachelor and 1-Bedroom suites
tha
t
Go
Av e
St
Commercial St
Argyle St
Fleming St
Henry St
Inverness St
Windsor St
Sherbrook St
Chester St
St Catherines St
Fraser St
bie
St n
t B Blv eatt d yS
Expo
Walden St
COLLIERS INTERNATIONAL 200 Granville Street, 19th Floor Vancouver, BC V6C 2R6 +1 604 681 4111 www.collierscanada.com
28 Ave 29 Ave
30
Kamloops St
Gladestone St
y
19 Ave
Nanaimo
27 Ave
wa
+1 604 661 0886 [email protected]
22 Ave
r St
Welwyn St
Knight St
Culloden St
Ross St
29 Ave
31 Ave
32 Ave
INVESTMENT HIGHLIGHTS
20 Ave
an
t rS ou ym St er m Ho
St rd s ha
St
Ric
ilto m Ha St d lan
in
St n Ha
idg Br t tre e eS idg Br Old
St
Beaconsfield Park
Senior Vice President
Wal ke
Victoria Dr
Dumfries St
gs
Copley St
St
Fleming St
Inverness St
Elgin St
27 Ave
29 Ave
Kin
Penticton St
Hull
Ave
MORGAN DYER
18 Ave Nanaimo St
Welwyn St
Commercial St
Knight St
Clark Dr
19th
21 Ave
22 Ave
28 Ave
S
Garden Dr
John Hendry Park
+1 604 661 0882 [email protected] 20 Ave
Hwy
Slo c
t rS ou
St
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rd s
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Ho
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Ric
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Se
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St w ell
Bid
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Trout Lake
Penticton St
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Kamloops St
Gra
Nanaimo St
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Penticton St
Garden Dr
Glen Dr
Victoria Dr
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Kamloops St
Templeton Dr
Semlin Dr
Commercial Dr
Dumfries St
rp o
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Nanaimo St
Victoria Dr
Commercial Dr
Woodland Dr
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Kamloops St
Nanaimo St
Garden Dr
Woodland Dr
Clark Dr
10 Ave yN
Hw
15 Ave
24 Ave
31 Ave
Penticton St
Nanaimo St
Garden Dr
Lakewood Dr
Salsbury Dr
Cotton Dr
Keith Dr
w
Executive Vice President 18 Ave
23 Ave
St Catherines St
Quebec St
32 Ave
Templeton Dr
Semlin Dr
Victoria Dr
Mclean Dr
Odlum Dr Clark Dr
Vernon Dr
Glen Dr
17 Ave
19 Ave
Windsor St
30 Ave 31 Ave
Garden Dr
Woodland Dr
Mclean Dr
Vernon Dr
Glen Dr
y
St Catherines St
Walden St
28 Ave
vie
13 Ave
SIMON LIM 15 Ave
26 Ave
Prince Albert St
27 Ave
Lakewood Dr
Victoria Dr
Salsbury Dr
Commercial Dr
Mclean Dr
Clark Dr
Glen Dr
nd
12 Ave
16 Ave
wa
7 Ave
7
Gra
11 Ave
99A
John St
Main St
Ontario St
Cullo
Elizabeth S
Mackie St
38 Ave
Woodland Dr
Vernon Dr
Glen Dr
Windsor St
Fraser St
St George St
Sophia St
Watson St
e Av ril ve Pe
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hS 36 Ave 37 Ave
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St Catherines St
Carolina St
Prince Edward St
Manitoba St
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Clark Dr
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1380 Jervis Street, Vancouver, BC
20 Ave
26 Ave
26 Ave
Yukon St
Oak St
Granville St
Connaught Dr
Angus Dr
Marguerite St
Van Dusen Botanical Gardens
Kin
4 Ave
Clinton Park 1st Ave
7 Ave
11 Ave
17 Ave
Grant St Graveley St
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27 Ave
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10,398
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“Pacific Beach”
6 Ave
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Venables St
Parker St
5 Ave
Clarke/VCC
19 Ave
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Cambie St
27 Ave
$84,419
22 Ave
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26 Ave
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Pine Crst
Angus Dr
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William St
Graveley St
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$69,460
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St ra
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22 Ave
121,626
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Douglas Park
99A
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9,505
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105,862 13 Ave
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Pandora St
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CONTACT US
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>> Balconies and windows offer tenants panoramic views of the Burrard Inlet and English Bay
FOR SALE > 1380 Jervis Street, Vancouver, BC
1380 JERVIS STREET > INVESTMENT OPPORTUNITY
SALIENT FACTS Civic Address:
1380 Jervis Street, Vancouver, BC
Legal Address:
PID: 018-241-565 Lot G Block 40 District Lot 185 Plan LMP 10319
Location:
1380 Jervis is situated on the north east corner of Jervis Street and Pacific Street in Vancouver’s West End neighbourhood. The property is located just steps from beautiful English Bay and a short walk from Davie an Denman Streets.
Site Size and Dimensions:
Total area of 10,742 SF; with 82 feet of frontage on Pacific Street and 131 feet of frontage on Jervis Street
Zoning:
Improvements:
The site is improved with an eight-storey, high-rise concrete rental apartment building. The building consists of 56 suites and an approximate net rentable area of 29,264 SF. Building footprint area of 4,680 SF and gross building area of approximately 42,140 SF.
Parking:
There are ten covered stalls and ten surface level parking stalls for a total of 20 parking stalls.
LOCATION >> Desirable waterfront location with close proximity to beaches, parks, shopping, restaurants, and services and expansive views of the Burrard Inlet and English Bay >> Situated at the northeast corner of Pacific and Jervis, offering water views overlooking Sunset Beach and the Burrard Inlet
WEST END MARKET OVERVIEW
56 with the following unit breakdown: # Units:
>> The West End’s strong rental market dynamics include a 0.7% vacancy rate and $2.51 average rent PSF for one bedroom units
25 Bachelor Suites 31 One Bedroom Suites
Avg. Unit Size: Bachelor: 393 SF | 1 Bedroom: 627 SF Avg. Rent PSF: $2.24 Stabilized NOI:
>> Demand for rental accommodation Downtown Vancouver will continue to increase as constrained land supply and construction costs restricts the financial feasibility of new rental developments
RM-5B Multiple Family Dwelling
$563,300 (annualized as of November 2014)
Gross Revenue: $806,932 Total Op Costs: $239,597
BUILDING CONDITION
Op Costs/Unit: $4,279
>> The building was constructed in 1958 and has been extensively renovated over the past 18 years.
Gross Taxes (2014):
$46,077.32
>> Recent capital improvements include new boilers and hot water storage tanks, replaced plumbing systems, renovated common areas,
Asking Price:
Contact listing agent.
upgraded elevator, refinished hardwood floors, and updated kitchen counter tops and new appliances in the suites as required.
