Property Overview

  • Status
  • Address
    Lynnmour Village South
    1923 Purcell Way
    North Vancouver, BC
  • Type
  • Neighbourhood
  • # of Units
  • # of Storeys
  • Year Built
  • PID
  • Lot Size
    107,639 SQFT
  • Zoning
  • Price
    Please Contact Listing Agents
  • Building Size
    87,270 SQFT
  • Building Style
    4 Wood Frame Buildings
  • SOLD

    Cushman & Wakefield ULC (”C&W”) is pleased to announce the successful sale of Lynnmour Village South, a 90-suite  multi-family investment offering located at 1923 – 1959 Purcell Way, North Vancouver, BC (the “Property”). Situated directly adjacent to Capilano University, the Property represented a unique value-add investment opportunity to acquire a multifamily asset that benefitted from over $8MM of recent capital improvements, steady turnover and proof-of-concept unit renovation program.

    The Property features a desirable mix of extra large one, two, and three bedroom suites comprising a total net rentable area of 87,270 square feet.  the Property was improved upon a 2.47 acre lot which is underpinned by a premier future redevelopment opportunity that will benefit from synergies with nearby densification of the Lower Lynn and Maplewood neighbourhoods.


    Offering Highlights

    • Strategic location adjacent to Capilano University in North Vancouver
    • Extensive capital improvements recently completed
    • Multifamily investment asset of scale in excellent condition
    • Market leading rents proven out to clear path to asset stablization
    • Attractive suite mix of exceptionally large units
    • Improved on nearly 2.50 acres of land with future redevelopment potential
    David Venance
    Executive Vice President

    David Venance

    Patrick Hannah

    Patrick Hannah

    Chris Harper
    Senior Associate

    Chris Harper

    Property Location