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Kitsilano rental apartment building sells for $503,750 per suite

The 20-unit, 67-year-old multi-family rental on 11,800-square-foot site on Cornwall Avenue, Vancouver, sold for just over $10 million.
Western Investor Staff
2012 Cornwall Avenue, Vancouver
Goodman Commercial Inc., Vancouver, for Western Investor

Property type: Multi-family rental

Location: 2012 Cornwall Avenue, Vancouver

Number of units: 20

Number of storeys: 3, plus penthouse

Size of land: 11,800 square foot

Land size in acres: 0.27 acres

Zoning: RM-4 (Multi-family)

Sale price: $10.07 million

Brokerage: Goodman Commercial Inc., Vancouver

Brokers: Mark Goodman and Cynthia Jagger