$7,900,000 CAD
604-638-2121
35 E 16th Ave
Vancouver, BC V5T 2T2
Mount Pleasant
HIGHLIGHTS
- Conveniently situated adjacent to the bike lane in Mount Pleasant, just off Main Street.
- The building has been impeccably maintained, featuring recently upgraded windows and modernized suites upon tenant turnover.
- Mount Pleasant boasts a vacancy rate of near 0% and faces a pronounced scarcity of rental units amid robust demand.
- With 99 feet of frontage, the property offers the potential to develop within the Broadway Plan of up to 20 storeys at a price of $112/buildable.
FOR SALE DETAILS
PRICE
$7,900,000 CAD
PRICE/SF
$556 CAD /SF
# OF UNITS
24
PRICE/UNIT
$329,167
CAP RATE
2.82%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Wagon Wheel Place
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1965
PARKING SPACES
12
LAND DETAILS
LAND ACRES
0.28 AC
LAND SF
12,078 SF
ZONING
RM-4N
APN/PARCEL ID
015-240-720
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604-638-2121
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604-638-2121
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