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New Vista Expands into Vancouver with Acquisition of Abana Court Apartments
New Vista Society is expanding into Vancouver with the acquisition of the Abana Court Apartments.
The 33-unit property is located in the vibrant Kerrisdale neighbourhood and will be an excellent addition to the society’s housing portfolio.
“We’re excited to extend our commitment to quality housing into Vancouver with this incredible property,” said Darin Froese, CEO of New Vista Society. “This acquisition aligns perfectly with our mission of creating integrated communities that enrich our neighbourhoods by providing healthcare and affordable housing”.
Prime Location with Ample Amenities
Abana Court sits on a half-acre lot at the corner of Balsam Street and West 39th Avenue in Kerrisdale. Residents enjoy the benefits of a well-maintained building with large, thoughtfully designed one- and two-bedroom units, along with a two-bedroom plus den penthouse.
The property offers a wide range of amenities, including an outdoor pool, in-unit balconies, storage lockers, and underground parking.
Originally constructed in 1965, Abana Court has been professionally managed and meticulously maintained, with recent updates including a modernized elevator, new boilers, and upgraded lighting systems.
The property also has significant potential for future development, including opportunities to enhance unit layouts and potentially convert large one- and two-bedroom units to add dens, meeting the growing demand for flexible living spaces.
An Ideal Neighbourhood for a Quality Lifestyle
The Kerrisdale location offers residents easy access to some of Vancouver’s best shops, restaurants, and lifestyle amenities, and has excellent walkability and transit options.
“As we continue to expand our reach, we’re excited to bring New Vista’s values and commitment to quality into Vancouver,” Froese added. “Abana Court Apartments in Kerrisdale represents not only an investment in affordable housing but also in building vibrant, inclusive communities that residents are proud to call home.”