3670 Vanness Ave - Apartments CONDO FOR SALE


Vancouver, BC V5R 0G7
$2,896,666 CAD
778-855-0240
3670 Vanness Ave, Vancouver, BC for Sale
$2,896,666 CAD
Apartments CONDO - FOR SALE
1/5
null | 4.5% Cap Rate

3670 Vanness Ave
Vancouver, BC V5R 0G7


HIGHLIGHTS

  • Fully equipped commercial kitchen with over $800,000 invested in build-out and equipment.
  • Leased to an established restaurant tenant, providing dependable income.
  • Located near Joyce–Collingwood SkyTrain Station with excellent transit access.
  • Surrounded by high-density residential developments ensuring strong foot traffic.
  • Includes two underground parking stalls plus over 20 free street parking spaces nearby.

OVERVIEW

This offering represents a rare chance to acquire a fully improved strata retail unit in Vancouver’s dynamic Collingwood neighborhood. The property spans 1,978 square feet and features a high-quality commercial kitchen with over $800,000 invested in build-out and equipment. Currently leased to an established restaurant operator, the asset delivers reliable income and approximately a 3.5% capitalization rate, making it an attractive option for investors seeking passive returns. PID: 030-421-110 Positioned steps from Joyce–Collingwood SkyTrain Station, the location benefits from exceptional transit connectivity and strong pedestrian traffic. The surrounding area is characterized by high-density residential developments, ensuring consistent local demand. Two dedicated underground parking stalls complement more than 20 free street parking spaces nearby, a significant advantage in this urban setting. This property combines modern construction, stable tenancy, and a prime transit-oriented location, offering long-term value and income security for discerning investors.

FOR SALE DETAILS

PRICE

$2,896,666 CAD

PRICE/SF

$1,464 CAD /SF

CAP RATE

4.5%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

1,184,860 SF

STORIES

36

BUILDING CLASS

A

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CD-1

APN/PARCEL ID

013-361-856

ASK ABOUT THIS PROPERTY

Eric LeeSutton Group - West Coast RealtyMore Info
778-855-0240

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Eric LeeSutton Group - West Coast RealtyMore Info
778-855-0240

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