1775 Adanac St - Apartments FOR SALE


Vancouver, BC V5L 2C8
$2,350,000 CAD
1775 Adanac St, Vancouver, BC for Sale
$2,350,000 CAD
Apartments - FOR SALE
1/15
null | 5% Cap Rate

1775 Adanac St
Vancouver, BC V5L 2C8


HIGHLIGHTS

  • Located in the Grandview-Woodland neighborhood, near the amenities of Commercial Drive.
  • Six-unit low-rise apartment with five one-bedroom units and one studio configuration.
  • Positioned on a 5,367 SF lot and improved with a building consistently maintained under long-term ownership.
  • RM-4 zoning supports multiple dwelling use, offering potential for redevelopment or repositioning.
  • Stable income property in a sought-after Vancouver residential market.

OVERVIEW

The Prince Apartment at 1775 Adanac Street presents an opportunity to acquire a well-maintained, six-suite apartment building located in Vancouver’s Grandview-Woodland neighborhood. This property offers a rare stable investment with in-place rental income supported by strong tenancy in one of East Vancouver’s most resilient markets. Situated on a 5,367 SF lot, the building contains five one-bedroom units and one studio, offering flexible rental configurations that appeal to diverse tenant profiles.

FOR SALE DETAILS

PRICE

$2,350,000 CAD

PRICE/SF

$438 CAD /SF

# OF UNITS

6

PRICE/UNIT

$391,667

CAP RATE

5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Prince

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1952

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

RM-4

APN/PARCEL ID

015-163-580

ASK ABOUT THIS PROPERTY

Joe HawboldtLondon Pacific Property Agents Inc.More Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Joe HawboldtLondon Pacific Property Agents Inc.More Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.