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Additional details

Nader Bakhoum,PMP, P.Eng.

info@home-nader.com +1(604) 612-7228

$ 3,588,000

Est. payment | -/mo

6,098 Sqft Lot

Save

$ 3,588,000

Est. payment | -/mo

Save

6,098 Sqft Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type Asset

MLS Listing ID C8080647

Lot Size 6,098 Sqft

Property Sub-Type Multi Family

Property Description

London Pacific is pleased to present this well-maintained eight-suite apartment building in the heart of Vancouver's sought-after Mount Pleasant neighbourhood. Situated on a 6,100 SF lot (50' x 122') and constructed in 1968, the property offers stable in-place income with immediate upside, as three suites will be delivered vacant upon possession. The building features a desirable suite mix of seven one-bedroom suites and one two-bedroom suite. Ideally located just east of Main Street, residents enjoy walking access to popular cafes, restaurants, parks, shopping, and transit. Designated ** Mount Pleasant South Apartment Areas - Area B (MSAB) ** under the Broadway Plan and within ** Tier 3 ** of the Transit-Oriented Areas framework, the site supports consideration of rezoning for secured market rental developments of up to 20 storeys and 6.5 FSR, with additional density incentives available for qualifying mixed-use or childcare components.

Location

Province BC

Community Mount Pleasant Ve

Area Vancouver East

Zoning R3-3

Interior

Appliance Common Water Heater

Exterior

Roof Type Torch On

Building

Sewer Public Sewer

Water Public

Others

Restrictions None Known

Ownership Freehold

Security Features Building Security

227 E 15th AVE Vancouver, BC V5T 2P8