Alana Bertini, PREC, CCIM Associate Broker

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1696 W 11th Avenue
Fairview VW Vancouver V6J 2B9

$5,800,000
Multi-Family Commercial

Back of property with stairs, a lawn, and a shingled roof
Photo 1: 1696 W 11th Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale in "Penrhyn Lodge" (Vancouver West)  : MLS®# C8073592
Photo 2: 1696 W 11th Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale in "Penrhyn Lodge" (Vancouver West)  : MLS®# C8073592
Photo 3: 1696 W 11th Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale in "Penrhyn Lodge" (Vancouver West)  : MLS®# C8073592
Photo 4: 1696 W 11th Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale in "Penrhyn Lodge" (Vancouver West)  : MLS®# C8073592
Photo 5: 1696 W 11th Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale in "Penrhyn Lodge" (Vancouver West)  : MLS®# C8073592
Photo 6: 1696 W 11th Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale in "Penrhyn Lodge" (Vancouver West)  : MLS®# C8073592
Photo 7: 1696 W 11th Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale in "Penrhyn Lodge" (Vancouver West)  : MLS®# C8073592
Photo 8: 1696 W 11th Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale in "Penrhyn Lodge" (Vancouver West)  : MLS®# C8073592
Photo 9: 1696 W 11th Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale in "Penrhyn Lodge" (Vancouver West)  : MLS®# C8073592
Photo 10: 1696 W 11th Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale in "Penrhyn Lodge" (Vancouver West)  : MLS®# C8073592
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8073592
Rare and unique opportunity to own a piece of Vancouver’s history in the Penrhyn Lodge (the “Property”). Having been built early in the 20th century, the Property exudes timeless character and charm, showcased by vintage stained glass windows, coffered ceilings, and original hardwood fir floors. The building has, however, undergone many updates over the years, and in its current form features 20 rental units ranging from micro units that share a communal washroom, to self-contained bachelor suites, one bedroom lofts, and a grand two bedroom unit. There are also two coach houses off the laneway. Nestled in the heart of Vancouver’s coveted South Granville neighbourhood the Property is surrounded by world class dining and shopping. The future South Granville Broadway Subway Station will be a short 9 minute walk for tenants commuting to UBC and downtown. Penrhyn Lodge offers investors secure and stable cash-flow with continued rent growth underpinned by future redevelopment potential under the Broadway Plan.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Other
Name of Complex/Subdivision:
Penrhyn Lodge
# of Apartments:
20
Living Area:
9,473 sq. ft.
Lot Area:
6,098.4 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Parcel Number:
008147078
Taxes:
$11,372.7 / 2025
No
Water Rights:
No
Roof:
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 1696 W 11th Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale in "Penrhyn Lodge" (Vancouver West)  : MLS®# C8073592
    Back of property with stairs, a lawn, and a shingled roof
  • Photo 2: 1696 W 11th Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale in "Penrhyn Lodge" (Vancouver West)  : MLS®# C8073592
    View of urban area
  • Photo 3: 1696 W 11th Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale in "Penrhyn Lodge" (Vancouver West)  : MLS®# C8073592
    Drone / aerial view
  • Photo 4: 1696 W 11th Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale in "Penrhyn Lodge" (Vancouver West)  : MLS®# C8073592
    View of front facade featuring a front lawn and stairs
  • Photo 5: 1696 W 11th Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale in "Penrhyn Lodge" (Vancouver West)  : MLS®# C8073592
    View of side of home with stairs and a yard
  • Photo 6: 1696 W 11th Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale in "Penrhyn Lodge" (Vancouver West)  : MLS®# C8073592
    Stairway featuring carpet, a decorative wall, and beamed ceiling
  • Photo 7: 1696 W 11th Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale in "Penrhyn Lodge" (Vancouver West)  : MLS®# C8073592
    Staircase featuring carpet
  • Photo 8: 1696 W 11th Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale in "Penrhyn Lodge" (Vancouver West)  : MLS®# C8073592
    Doorway to property
  • Photo 9: 1696 W 11th Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale in "Penrhyn Lodge" (Vancouver West)  : MLS®# C8073592
    View of front of house with a chimney
  • Photo 10: 1696 W 11th Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale in "Penrhyn Lodge" (Vancouver West)  : MLS®# C8073592
    Aerial overview of property's location with a mountainous background
Listed by Marcus & Millichap
Data was last updated November 5, 2025 at 04:10 AM (UTC)

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