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$ 14,500,000
Est. payment | /mo
5,582 SqFt
$ 14,500,000
Est. payment | /mo
5,582 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,582 sqft
Price per Sqft $2,597
MLS® Listing ID C8073250
Year Built 2022
Source Greater Vancouver REALTORS®
Property Description
Rarely available 2022-built mixed-use building under C-1 zoning with remaining warranty ' foreign buyer eligible. The ground-floor retail is leased to a stable tenant currently operating a daycare and showing strong interest in extending to a 10-year term. Buyer flexibility can be provided upon request. The upper suites are self-managed and generating consistent income. Even under basic operation, the building achieves an approx. 4.6% annual return, with potential to reach 7'8% gross under professional management. A modern, low-maintenance Vancouver asset offering secure hands-off income today and exceptional upside in a high-exposure, value-growth corridor. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Virtual Tour https://youtu.be/sunJTnBlGe4?si=ltneOE2mnHfjSBeP
Listed by Nu Stream Realty Inc.
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Franco Maione
Real Broker