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Erwill Apartments

  • $10,650,000

Salient Details

  • Units 30
  • Suite Mix 13 - bachelors, 14 - 1-bedroom, 3 - 2-bedrooms
  • Lot Size 12,969 sf (99’ x 131’)
  • Year Built 1952
  • Net Income $425,576
  • Cap Rate 4.00%

Erwill Apartments

Legacy apartment building located in the highly sought-after “West of Denman” neighbourhood of Vancouver’s West End.
1025 Chilco Street - Brochure
Download the Brochure
McEvay Blair Multifamily Group - Erwill Apartments - 13 001

Investment Highlights

Pride of Ownership
Coming to market for the first time, pride of ownership is evident with the property being incredibly well-maintained and managed.
Excellent Suite Mix
The building has spacious units and an excellent suite mix, including 13 bachelors, 14 x 1-bedrooms and 3 x 2-bedrooms, including a penthouse unit with roof top patio.
Sought-After Location
Located West of Denman, one of the most sought-after markets in Vancouver, the property is well positioned within walking distance to Stanley Park, English Bay and the amenities of the West End.
Considerable Upside
With solid rents in place, including an average of $1,479 for the bachelor units, $1,765 on the 1-bedroom units and $2,615 on the 2-bedroom units, the property still has considerable upside upon turnover.
Extensive Storage
The property is unique in that it offers additional storage, including 10 separate garage’s, a workshop, a large laundry room with bike storage and an additional storage locker room.

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