CONTACT

425 6TH Street
Park Royal West Vancouver V7T 0A1

$12,500,000
Multi-Family Commercial

Main Photo: 425 6TH Street in West Vancouver: Park Royal Multi-Family Commercial for sale : MLS® # C8014664
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8014664
Status:
Active
The property is a remarkable 16 suite concrete rental apartment building located in one of Canada's most affluent communities. In close proxmity to Ambleside Park, Capilano River, Park Royal Shopping Centre & the Lions Gate Bridge, this is an ideally located building. INVESTMENT HIGHLIGHTS: The improvement is 4 stories (plus basement) & concrete construction originally developed by Millenium in 2007. The building is in excellent condition with incredible curb appeal. 100% occupied. West Vancouver multi family assets are rarely made available. Located seconds away from Park Royal Shopping Centre, one of British Columbia's largest malls. In close proximity to West Vancouver's world famous seawall & Ambleside Park. 15 secure underground parking stalls, 13 contained storage units. 24 hour security surveillance & state of the art access technology.
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Concrete
Year built:
2007 (Age: 11)
Land Use/Zoning:
RM-9
Taxes:
$19,090.41 / 2017
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
$319,087
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Listed Date:
Previous Price:
Original Price:
  • Photo 1: 425 6TH Street in West Vancouver: Park Royal Multi-Family Commercial for sale : MLS® # C8014664
    Photo 1 of 1
Larger map options:
Form Retail
Listing information last updated on 4-Jan-2018 7:06 PM
STEVE DA CRUZ | CCIM | PREC
  • STEVE DA CRUZ | CCIM | PREC
  • Associate Vice President - RE/MAX Commercial Advantage
  • 604-377-2527
  • Contact by Email