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Off Market
1/18

5707-5763 Balsam St
Vancouver, BC V6M 2A7


HIGHLIGHTS

  • arefree investment and holding property with Class 'A' tenant in place!

OVERVIEW

Rarely available Kerrisdale Place ground floor retail strata unit FOR SALE. Currently rented to professional Dr. Optometrist for 5 year term and available after for "self use" owner or can be rented as an investment property. Annual NET rent of $55,200 (in 2022; escalates each year of the term) equals $40/sqft. based on Lease size of 1380 sq ft. and the Tenant pays expenses of Strata Fees $784.73/month and Property Taxes. Includes 4 parking spaces. Square Footage shown in the Strata Plan is the Total Area of 133.5 sq meters.(if important Buyer or their Agent should measure). Carefree investment and holding property with Class 'A' tenant in place! Please DO NOT DISTURB TENANTS.

FOR SALE DETAILS

PRICE

-

# OF UNITS

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CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY NAME

Kerrisdale Place

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

1380

STORIES

1

YEAR BUILT

1996

PARKING SPACES

4

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

023-530-529,023-530-553,023-530-596