The Maples
8750 Osler Street, Vancouver, BC
FOR SALE
- Lot Size 22,182 sf (181.02 x 122.54 ft)
- Storeys 3
- Parking 26 underground stalls, 9 surface level stalls
- Year Built 1967
- Rental Units 38
- Suite Mix 31 one-bedrooms, 7 two-bedrooms
- Pricing Guidance $10,250,000
- Cap Rate 4.00%
Opportunity
The Avison Young Multi-Family Team is excited to present a rare opportunity to acquire The Maples, a well‑maintained 38‑unit rental apartment building situated in the heart of Marpole. This compelling value‑add asset offers a strong going‑in yield, with the majority of suites already renovated and significant capital improvements completed throughout the building. With meaningful upside potential as units turn over, The Maples represents a turn‑key investment opportunity in an established Vancouver market.
Investment Highlights
Rents are 23.51% below market offering potential for increased cash flow upon turnover
Suite mix of one- and two-bedrooms
Additional income sources from parking and storage
27 of the 38 units have been renovated with new bathrooms and kitchens
Significant capital improvements made by the current owner
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