- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- C8048840
- Build. Type:
- Freestanding
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Multi-family investment and redevelopment opportunity across from Mount St. Joseph Hospital in Vancouver's Mount Pleasant neighbourhood. The property is improved with an extensively renovated 28-unit apartment building and offers strong and stable cash flow while planning for future redevelopment under the direction of the Broadway Plan. Standalone or assembled (378 E 14th Avenue also available for sale) development options may be considered by the City of Vancouver for 95,505 to 116,493 buildable square feet - 80% market I 20% below-market rental density. Favourable CMHC debt at 2.789% interest may be assumable by a qualified purchaser. Reach out to the listing agents for more information.
- Sale Type:
- Asset or Share
- Total space avail for lease:
- 15,293 sq. ft.
- Construction:
- Wood Frame
- Building Type:
- Freestanding, Low Rise (2-4 stories), Multiple Tenant/Multi-Plex (5+)
- Name of Complex/Subdivision:
- Signup
- # Bldgs:
- 1
- # Units:
- 28
- # Other Units:
- Signup
- # of Appartments:
- 28
- # of Bachelor Appartments:
- 3
- # of 1 Bedroom Appartments:
- 23
- # of 2 Bedroom Appartments:
- 2
- # Storeys:
- 3.0
- Year built:
- 1965 (Age: 58)
- Lot Area:
- 14,693 sq. ft.
- Lot Depth:
- 122
- Lot Frontage:
- 120'9"
- Land Use/Zoning:
- RM-4
- Permitted Use:
- Multifamily (5+)
- Taxes:
- $34,043.3 / 2022
- Services Connected:
- Electricity, Lane, Lane Paved, Paved Streets, Sanitary Sewer, Sewer - Storm, Street Lighting, Sidewalk, Storm Sewer at Lot Line, City Water at Lot Line
- Water Supply:
- Municipal
- Roof:
- Signup
- Sewer Septic:
- Municipal/Community
- Potential to Redevelop:
- Yes
- Env Assmt Phase:
- Yes
Listed by Avison Young
Data was last updated March 31, 2023 at 08:10 AM (UTC)
- STEVE DA CRUZ | CCIM | PREC
- Vice President, Land & Investment Sales - RE/MAX Commercial Advantage
- 604-377-2527
- stevedacruz@remax.net
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.
Copyright 2023 by the Real Estate Board of Greater Vancouver,
Fraser Valley Real Estate Board, Calgary Real Estate Board Cooperative Ltd.,
REALTORS® Association of Edmonton, Chilliwack & District Real Estate Board,
BC Northern Real Estate Board and Kootenay Real Estate Board. All Rights Reserved.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.