Property Overview
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Status
Available -
Address
The Surfside
1395 Beach Avenue
Vancouver, BC
Canada -
Neighbourhood
West End -
# of Units
91 -
# of Storeys
11 -
Year Built
1961 -
Lot Size
17,284 SQFT -
Zoning
RM 5A -
Price
Please Contact Listing Agents -
Building Type
Concrete High Rise -
Confidentiality Agreement
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FOR SALE
The Surfside | 1395 Beach Avenue, Vancouver
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The Offering
Cushman & Wakefield ULC (“C&W”) is pleased to present Surfside Apartments, a 91‑suite concrete high‑rise multifamily property prominently located at 1395 Beach Avenue in Vancouver’s West End, directly opposite Sunset Beach. This offering represents a rare opportunity to acquire a trophy, oceanfront rental asset in one of Canada’s most supply‑constrained and tenant‑preferred urban submarkets.
The property benefits from strong and durable in‑place income, supported by approximately 85% renovated suites, high‑rise concrete construction, and a diverse suite mix with efficient, livable layouts. Current in‑place rents provide approximately 20% mark‑to‑market upside, offering a clear and executable path to income growth through natural turnover.
Surfside Apartments is ideally suited for long‑term ownership, underpinned by extensive historical capital investment, recent central mechanical upgrades, and a proven 40‑year operating history under dedicated ownership. Additional upside exists through continued suite turnover, non‑capital‑intensive activation of existing amenity space, and monetization of ancillary income streams.Investment Highlights
- 91‑suite concrete, oceanfront multifamily asset, in Vancouver’s West End — a scale and location profile that is effectively impossible to replicate under today’s zoning and construction cost environment.
- Meaningful value‑add upside driven by turnover of below-market rents and low‑capital activation of existing amenity space.
- Attractive Metrics for Trophy Asset of Such Rarity
- Institutional-quality with extensive capital investment materially reducing near‑ and mid‑term capital risk.
- Efficiently designed floorplans with floor‑to‑ceiling windows, ample storage, and layouts that utilize space to modern livability standards.
- Long term ownership delivering 45 years of dedicated, hands on professional asset and property management.
For More Information, please contact a member of the exclusive property advisors.
>>>Brochure available for download on the top right of this page