East Van Apartment Building Sells for $260,000 per Unit

A 20-unit building known as Capri Aparments and located at 520 North Nanaimo Street in the Grandview-Woodland area of East Vancouver has sold for $5,200,000 to New Chelsea Housing Society.

Details:

• 3-storey walkup built in 1969
• 12,319 SF site area
• 20 units (one bachelor, 18 one-bedrooms, one two-bedroom)
• 20 underground parking spaces
• $260,000 per unit

The building was sold by Dan Schulz and Chris Winkers of Macdonald Realty.

The 2026 assessment value of the property is $5,472,000.