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Carmel Court

  • $12,300,000

Salient Details

  • Units 41
  • Suite Mix 41-1 Bedroom
  • Lot Size 22,770 sf
  • Year Built 1968
  • Net Income $382,246
  • Cap Rate 3.11%

Carmel Court

41 unit apartment building located in Vancouver's desirable Mount Pleasant neighbourhood.
McEvay Blair Multifamily Group - Carmel Court - 64 004

Investment Highlights

Premier Mount Pleasant Location
Located at 11 East 11th Avenue in one of Vancouver's most desirable rental neighbourhoods, Carmel Court benefits from immediate access to Main Street's vibrant retail, dining, and employment amenities. The property's proximity to downtown Vancouver, transit connections, and everyday conveniences continues to drive strong tenant demand and long-term rental market stability.
Long-Term Redevelopment Potential
Carmel Court is strategically located within the Broadway Plan and 400 metres from the future Mount Pleasant SkyTrain Station.
Rare Large-Site Apartment Investment
Situated on a 22,770 SF site, Carmel Court offers a rare opportunity to acquire a sizable multifamily property in the heart of Vancouver. The 41-suite building provides stable rental income today while benefiting from its strategic location within a rapidly evolving urban corridor.

Gallery

Contact us

Adam Herman

Director

Personal Real Estate Corporation

(604) 652 3016

Adam.Herman@marcusmillichap.com

Email Adam

Patrick McEvay

Managing Director

Personal Real Estate Corporation

(604) 789 0720

Patrick.McEvay@marcusmillichap.com

Email Patrick

James Blair

Managing Director

Personal Real Estate Corporation

(604) 790 7089

James.Blair@marcusmillichap.com

Email James

Suvarna Sunil

Associate Director

(778) 772 5133
Sunil.Suvarna@marcusmillichap.com

Email Sunil

Patrick Ferrie

Associate

(250) 793 3498
Patrick.ferrie@marcusmillichap.com
Email Patrick