2065 Triumph St - Apartments FOR SALE


Vancouver, BC V5L 1K7
$6,300,000 CAD
778-200-7531
2065 Triumph St, Vancouver, BC for Sale
$6,300,000 CAD
Apartments - FOR SALE
1/10
null | Request Cap Rate

2065 Triumph St
Vancouver, BC V5L 1K7


HIGHLIGHTS

  • Stable multi-family investment opportunity
  • Large two-lot corner site
  • Long-term redevelopment potential
  • Renovated rental property
  • Desirable East Vancouver location

OVERVIEW

Corbel Commercial is pleased to present the opportunity to acquire 2065 Triumph Street, a renovated 15-unit multifamily property in Vancouver’s established Grandview-Woodland neighbourhood. Built in 1967, the three-storey walk-up apartment building occupies a prominent 12,073 SF corner site comprising two legal lots. The property provides stable in-place income and represents an attractive long-term holding opportunity in a desirable and supply-constrained residential neighbourhood. The site is designated Residential Core – Apartment under the Grandview-Woodland Community Plan, which contemplates residential development of up to six storeys. This designation provides meaningful long-term redevelopment optionality while allowing an investor to benefit from ongoing rental income throughout the holding period. Conveniently located near Commercial Drive, neighbourhood shopping, transit and everyday amenities, 2065 Triumph Street offers a compelling combination of current cash flow, underlying land value and future development potential. Note: Photos contain virtually staged renderings.

FOR SALE DETAILS

PRICE

$6,300,000 CAD

PRICE/SF

$315 CAD /SF

# OF UNITS

15

PRICE/UNIT

$420,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1967

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RM-3A

APN/PARCEL ID

006-700-675

ASK ABOUT THIS PROPERTY

Robert ThamCorbel Commercial Inc.More Info
778-200-7531

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

Robert ThamCorbel Commercial Inc.More Info
778-200-7531

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