$4,150,000
About this Business
Exceptional investment opportunity in the heart of East Vancouver’s sought after Commercial Drive neighborhood. This 3 level walk-up apartment building features 9 modern 1 bedroom units, each with private outdoor space, dishwashers and in-suite laundry. The units have all been recently and tastefully updated, including flooring, kitchens and bathrooms. Set on a large 50' x 122' lot, the building is in excellent condition with low tenant turnover. Unbeatable location on a quiet tree-lined street just steps to restaurants, shops, transit and bike routes, with easy access to downtown and the new St. Paul’s Hospital. This is a fantastic, turnkey revenue property with a solid cap rate in one of the city’s most popular, high demand areas.
Listed by Stilhavn Real Estate Services.
Brought to you by your friendly REALTORS® through the MLS® System,
courtesy of BrixWork for Realtors for your convenience.
Disclaimer: This
representation is based in whole or in part on data generated by the Chilliwack
& District Real Estate Board, Fraser Valley Real Estate Board or Real Estate
Board of Greater Vancouver which assumes no responsibility for its accuracy.
Key Interests Near this Listing
View MapBrowse PhotosFeatures
- MLS®: R3060359
- Type: Business
- Bedrooms: 9
- Bathrooms: 9
- Square Feet: 6,216 sqft
- Lot Size: 6,100 sqft
- Frontage: 50.00 ft
- Full Baths: 9
- Half Baths: 0
- Taxes: $11443
- Parking: Open, Rear Access (5)
- View: Mountain
- Basement: None
- Storeys: 3 storeys
- Year Built: 1965
- Style: 3 Storey
