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$ 3,588,000
Est. payment | /mo
6,098 Sqft Lot
$ 3,588,000
Est. payment | /mo
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
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