2075 37th Av W - Apartments FOR SALE


Vancouver, BC V6M 1N7
$3,350,000 CAD
604-629-6100
2075 37th Av W, Vancouver, BC for Sale
$3,350,000 CAD
Apartments - FOR SALE
1/2
null | Request Cap Rate

2075 37th Av W
Vancouver, BC V6M 1N7


HIGHLIGHTS

  • Mixed-use investment property in an established neighbourhood.
  • Directly across from a local secondary school.
  • Potential to increase rents.
  • Eligible for multiplex development.
  • Boasts an exceptional walk score of 94.
  • Surrounded by tree-lined streets.

OVERVIEW

To acquire a mixed-use investment opportunity in Kerrisdale - 5 units consisting of 3 commercial units on the ground floor and two large apartments above. The building is directly across from Point Grey Secondary School in an excellent Kerrisdale location. This is a unique opportunity to acquire and renovate a smaller income generating building on the west side. There is potential to increase the rents which are currently below market. Note that the commercial use is legally non-conforming. The site is also eligible for multiplex (5-8 units) development, providing holding income with future development potential.

FOR SALE DETAILS

PRICE

$3,350,000 CAD

PRICE/SF

$576 CAD /SF

# OF UNITS

2

PRICE/UNIT

$1,675,000

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

2

YEAR BUILT

1929

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,000 SF

ZONING

R1-1

APN/PARCEL ID

011-360-330

ASK ABOUT THIS PROPERTY

Brett AuraTRG Commercial Ltd.More Info
604-629-6100

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Brett AuraTRG Commercial Ltd.More Info
604-629-6100

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