Unique opportunity to purchase the rental portion of a new concrete construction building at 1981 Highbury Street (corner of Highbury St and West 4th Ave) in Vancouver, British Columbia. This offering includes six rental studio townhomes ranging in size from 397 to 480 square feet. All six rental units are under one legal lot by way of an air space parcel subdivision. Each unit has its own private street entrance and covered patio space and include a full kitchen, washer/dryer, walk-in closet and built- in Murphy bed. The finishings reflect that of a higher end rental project. Convenient location near UBC, bike trails, and golf courses. Walk to the beach, tennis and yacht club, and amenities on West 4th and Broadway. Contact: 604.765.9555
BOUTIQUE MULTI FAMILY OPPORTUNITY 3805 West 4 th Avenue, Vancouver
BRANDAN PRICE PERSONAL REAL ESTATE CORPORATION rennie & associates realty ltd.
highbury residences
South Street Development Group (www.southstreet.ca) is offering an unique opportunity to purchase the rental portion of a new concrete construction building at 1981 Highbury Street (corner of Highbury St and West 4thAve) in Vancouver, British Columbia. This offering will include six rental studio townhomes ranging in size from 397 to 480 square feet. All six rental units will be under one legal lot by way of an air space subdivision. Each unit will have its own private street entrance and covered patio space and include a full kitchen, washer/dryer, walk-in closet and built- in Murphy bed. The finishings will reflect that of a higher end rental project and include unique features that will set these units apart from other available rental stock in the area. Highbury Residences enjoy an enviable location. Beautiful beaches, great parks, the University of British Columbia and all your shopping needs are a stone’s throw away So are many of the city’s acclaimed restaurants including Fable, which showcases the culinary talents of Top Chef Canada winner Trevor Bird, and La Quercia renowned for its fine Italian cuisine. Dining out is always a pleasure as the neighbourhood abounds with funky eateries, coffee shops, local pubs and sports bars. From a practical standpoint, living at Highbury Residences makes daily errands quick and easy. Within one block is a bank, grocery store, liquor store and wine shop. Point Grey’s three vibrant commercial enclaves—West 4th, West 10th and West Broadwayare also all close to home. Of course, the less time spent commuting means more time for fun and relaxation. Take the dog for a long leisurely stroll along Jericho beach or to the off-leash park at Spanish Banks. Hike or bike through the Endowment Lands. Book a tee time at the University golf club’s public course. Play tennis fuelled with healthy organic fare from Aphrodite Cafe. Savour a sunset walk with chocolate delicacies from Thomas Haas Desserts. Abundance of choice is a way of life at Highbury Residences.
property overview
FIRST IMPRESSIONS • Convenient location close to UBC, hiking and biking trails, and golf courses • Walk to the beach, tennis and yacht clubs, and amenities on West 4th and Broadway • Bus stops located right outside and walking distance from future Broadway Skytrain • Distinctive urban architecture blends soft white masonry with black metal detailing • Quality concrete construction • Beautifully landscaped gated front patios LIVE IN COMFORT • 6 rental studio units situated on the ground floor of a boutique luxury residential building • Hardwood flooring throughout living/dining area, kitchen and sleeping area • In-suite laundry and storage provided in every unit COOK IN STYLE Kitchens are designed efficiently with custom millwork to ensure that every square inch of space is utilized. The deluxe stainless-steel appliances by Bosch, premium refrigeration from Liebherr, and fully integrated dishwasher from Bloomberg offer an inspired mix of functionality, durability and elegance. • Open plan kitchen with custom millwork panels for appliances to create a seamless clean design • Designer white countertops with natural stone marble backsplash • Stainless steel Bosch slide in range with cast iron grates • Over the range stainless steel Bosh microwave • Energy Star® Liebherr fridge with custom wood front panels • Bloomberg dishwasher with custom front wood panel • Sonetto undermount stainless steel sink
BATHE IN LUXURY Bathrooms are designed with durability in mind, but that doesn’t mean we had to compromise on aesthetics. All studios will include basins by Roca, premium faucets by Grohe and Toto bath fixtures that will stand the test of time for quality and reliability. • Extra deep cubic designed Maax bath tub · Chrome Grohe shower/tub fixtures and faucets • Large porcelain tile floors • Designer white countertops • Over the counter Roca sink • Water saving dual flush Toto toilets
THOUGHTFUL DETAILS •
Triple-glazed energy-efficient windows
• •
Custom built in Murphy bed Energy Star® appliances
• Spacious gated patio with beautiful landscaping • 1 year subscription with Telus Optic TV and high speed internet
PEACE OF MIND •
Pre-wired for home security system
• Exterior lighting provides a safe and welcoming ambiance • Hard-wired smoke/carbon monoxide detectors throughout
property details
ADDRESS 3805 West 4th Avenue, Vancouver, BC
YEAR BUILT 2015
ASKING PRICE $2,698,000
UNITS 6
PID 029-691-991
SUITE MIX 6 studios
LEGAL DESCRIPTION Air Space Parcel 1, District Lot 538, Group 1, New Westminster District
FINANCING Clear Title
NOI $118,288.00 per annum
AIR SPACE PLAN EPP35453
CAP RATE 4.15%
NEIGHBOURHOOD Point Grey
property highlights
• Well-maintained rental units situated within a concrete building • Dishwasher, insuite laundry, walk-in closets, and storage included in all units • All units feature separate entrances with exterior patios • Excellent location within walking distance to Jericho Beach • Connected to major transport corridors providing immediate access to Downtown Vancouver and UBC • Not subject to the residential strata corporation’s bylaws, rules and resolutions • No approval required for repairs or replacement • Low maintenance (common areas and landscaping maintained by the strata)
neighbourhood highlights
WHAT YOU WILL LOVE ABOUT KITSILANO People flock to Kits Beach when the sun’s out to picnic, play beach volleyball, or simply see and be seen—while those who like to swim serious laps hit Kits Pool, the longest one of its kind in Canada. The fun stretches over to Vanier Park, where Bard on the Beach does Shakespeare every summer, and up to Fourth Ave which is lined with shops, restaurants, and fitness studios.
DID YOU KNOW In the 1960s, Kitsilano was known as a hippie hangout. While that’s changed, it’s stayed somewhat true to its roots, as this is where both The Naam, Vancouver’s oldest vegetarian restaurant, and yoga brand Lululemon Athletica were born.
Brandan Price Personal Real Estate Corporation 604.765.9555 bprice@rennie.com rennie.com/brandanprice
rennie & Associates Realty Ltd. 110-1650 West 1st Ave Vancouver, BC V6J 1G1 604.682.2088 rennie.com
INDEPENDENT ADVISORS OF RENNIE AND ASSOCIATES REALTY LTD. THIS COMMUNICATION IS NOT INTENDED TO CAUSE OR INDUCE A BREACH OF AN EXISTING AGREEMENT(S). E.& O.E
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