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2150 W 1st Avenue
Kitsilano Vancouver V6K 1E8

$8,995,000
Multi-Family Commercial

View of front of home
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8077512
Build. Type:
Mul Tenant/MultiPlex (5+)
The Kits Apartments is a completely redeveloped luxury four storey, 13 suite with top floor Penthouse(s), rental apartment building prominantly located in the heart of "Kitsilano" one of Vancouvers most highly sought after residential neighbourhoods. Strategically located on the south side of West 1st Avenue between Yew & Arbutus Street, within 3 short blocks from Kits Beach & Pool and an abundance of trendy restaurants, grocery stores, shops and services. The Kits Apartments was fully reconstructed to the highest standards in 2017 by the Bolar Developement Group a local established residential developer. The former 3 storey, 10 suite rental building was taken down to the studs and was rebuilt with the addition of a 4th floor that includes two amazing roof top penthouse suites. Penthouse suites are private, comprise luxury finshishes, AC, balconies and good views. Each suite includes stainless steel apliances, dishwasher and in-suite laundry. Turnkey investment that is ideal for investor/Owner Occupier!
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Frame Wood
Num Storeys:
4
Building Type:
Mul Tenant/MultiPlex (5+)
# Bldgs:
1
# of Apartments:
13
# of Penthouse Apartments:
2
# of 1 Bedroom Apartments:
9
# of 2 Bedroom Apartments:
2
Living Area:
7,210 sq. ft.
Subject Property Depth:
120'
Subject Property Width:
50'
Lot Area:
6,098.4 sq. ft.
Zoning:
Potential to Redevelop:
Yes
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Electricity:
Yes
Services Connected:
Electricity at Lot Line, Electricity Connected, Phone Connected
Sewer:
Public Sewer
Env Assmt Comment:
Y
Parcel Number:
029666007
Taxes:
$24,505 / 2025
Balconies
No
Common Water Heater
Yes
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Yes
Env Assmt Phase:
Yes
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 2150 W 1st Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West) : MLS®# C8077512
    View of front of home
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Listed by CBRE Limited
Data was last updated April 2, 2026 at 04:10 AM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2026 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.