Property Overview
-
Status
Sold -
Address
Barafield Apartments
1260 Harwood Street
Vancouver, BC
Canada -
Neighbourhood
West End -
# of Units
109 -
# of Storeys
7 -
Year Built
1958 -
Lot Size
25,938 SQFT -
Zoning
RM-5A -
Price
Please Contact Listing Agents -
Building Type
Concrete -
SOLD
On behalf of Barafield Realty Ltd., Cushman & Wakefield ULC. is pleased to announce the sale of thirteen (13) multi-family rental properties comprising a total of 1,058 rental suites. The properties are located in four (4) municipalities, including Vancouver, Burnaby, Coquitlam, and Surrey, and represented an exceptional opportunity to acquire a mix of highly coveted income producing multi-family rental assets as well as rental intensification and condominium redevelopment projects in some of the region’s highest growth areas.
Among the portfolio sale, is Barafield Apartments located at 1260 Harwood Street in Vancouver, BC. This 109-suite trophy rental property is located in the heart of downtown Vancouver’s West End neighbourhood, just steps from the English Bay beach. Barafield is a 7-storey concrete building with a suite mix of 96 one-bedroom and 13 two-bedroom suites. As part of the West End Community Plan direction and given the physical site size and current improvements, there is an opportunity to explore intensifying the site with some additional rental density along the laneway.