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Avison Young - Vancouver

Avison Young

Avison Young

Avison Young
Property Details
- Property Type Other
- Date Updated Jun 5, 2025
Avison Young Multi-Family Team is pleased to present a rare opportunity to acquire a 43-unit concrete rental apartment building in the heart of Vancouver’s iconic West End and Davie Village. Ideally located at 1222 Pendrell Street, Vancouver, BC, the property is a value add opportunity and priced to ensure investors can capture the upside of this asset.
1222 Pendrell Street presents a unique opportunity to capitalize on Vancouver’s coveted West End location — a thriving neighborhood with excellent long-term growth potential. This value-add property is an exceptional investment in one of Vancouver’s most desirable areas, where residential demand continues to soar, supported by a growing and diverse population.
Reach out to the broker for more info on lease terms and amenities
Highlights
- 3 vacant units available for immediate renovation
- Major capital upgrades are required to ensure long term stability of the asset
- Priced below market at $349,000 per door
- Rents are currently 62% below market
- Secure underground and surface parking available
- Suite mix: 41 one bedrooms and 2 x 2 bedroom penthouses
Getting around
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Location
- City Vancouver, BC
- Neighborhood West End Vancouver
Points of Interest
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Melville Street
0.60 miles
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Art Phillips Park
0.60 miles
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Burrard Street
0.61 miles
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Vancouver City Centre
0.65 miles
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Granville Street Entrance
0.71 miles
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Seymour Street Entrance
0.74 miles
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Yaletown-Roundhouse
0.75 miles
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Yaletown–Roundhouse
0.75 miles
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Dunsmuir Street Entrance
0.76 miles
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Canada Line - Granville Street Entrance
0.85 miles
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Esso
0.27 miles
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False Creek Fuel
0.53 miles
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BeachCity Auto Center
0.55 miles
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ChargePoint
0.75 miles
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Tesla Supercharger
0.87 miles
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Petro-Canada
1.05 miles
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Chevron
1.12 miles
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Shell
1.58 miles
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FLO
1.66 miles
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ChargePoint (EA employees only)
2.57 miles
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Shoppers
0.12 miles
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Impark
0.42 miles
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848 Seymour St. Parking - Lot #117
0.64 miles
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827 Richards St - Lot #97
0.67 miles
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Bentall Centre Public Parking
0.68 miles
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Parkwell (Seymour entrance)
0.75 miles
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Parkwell Plaza Parking
0.77 miles
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The Chain & Forge
0.78 miles
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Parkwell (Richards entrance)
0.79 miles
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The Hyperion
0.01 miles
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Sandman Suites Vancouver on Davie
0.11 miles
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Ashby House Bed & Breakfast
0.17 miles
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Sunset Inn & Suites
0.18 miles
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HI Vancouver Downtown Hostel
0.20 miles
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O Canada House Bed & Breakfast
0.24 miles
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Barclay House
0.27 miles
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Century Plaza Hotel and Spa
0.29 miles
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West End Guest House
0.30 miles
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The Burrard
0.31 miles
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Your Independent Grocer
0.05 miles
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Fresco Foods
0.05 miles
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Mi Tierra Latina
0.16 miles
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Danial Market
0.32 miles
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Safeway
0.33 miles
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El Paisano
0.34 miles
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OOMOMO Japan Living
0.36 miles
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IGA
0.36 miles
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Muji
0.38 miles
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Sashimiya
0.42 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.