609 Gore Ave - Apartments FOR SALE


Vancouver, BC V6A 3W5
$25,998,000 CAD
604-398-8836
609 Gore Ave, Vancouver, BC for Sale
$25,998,000 CAD
Apartments - FOR SALE
1/5
null | Request Cap Rate

609 Gore Ave
Vancouver, BC V6A 3W5


HIGHLIGHTS

  • Flagship Corner Asset
  • Strategic Location
  • Stable Income + Upside
  • Anchored in Future Growth

OVERVIEW

Prime by all definitions, 609 Gore Avenue stands as a landmark property in the historic Chinatown neighbourhood. Located on the preferred corner of Keefer Street and Gore Avenue, the subject property shares the neighbourhood with the ever-popular Phnom Penh Restaurant, London Pub, Irish Heather, Kissa Tanto, Fat Mao Noodles, The Ramen Butcher and Laowai Restaurant. Chinatown has witnessed a resurgence in popularity as new restaurants and retailers have revitalized the neighbourhood. Due to the immediate proximity to Downtown, Gastown and East Vancouver, Chinatown’s central location has anchored the district as the new hub for entertainment and lifestyle. The subject property is strategically located to capitalize on the City’s tremendous growth, as just three blocks south will be the new $1.9-billion St. Paul’s Hospital in the False Creek Flats Plan – already under construction on over 18 acres of land and will include commercial space, hotels, office, institutional and residential uses. Additionally, the planned removal of both the Georgia Street and Dunsmuir Street viaducts will generate an influx of development and, in turn, a rapidly growing population, additional community amenities, and increased livability

FOR SALE DETAILS

PRICE

$25,998,000 CAD

PRICE/SF

$607 CAD /SF

# OF UNITS

51

PRICE/UNIT

$509,765

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

HA-1A

APN/PARCEL ID

015-662-217,015-662-225

ASK ABOUT THIS PROPERTY

Jonathan GeeParadigm GroupMore Info
604-398-8836

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Jonathan GeeParadigm GroupMore Info
604-398-8836

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