5,984 ft²MultifamilyContactSale
5,984 ft²
Multifamily
Sale
Neil S Mcallister
Lee & Associates Vancouver
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8-Unit Apartment Building in the Heart of Kitsilano Highlights 2.5 storey walk-up multi family building 8 well-maintained apartments Substantial upgrades Roof replaced in 2020 Double glazed aluminum windows Excellent curb appeal Immediate holding income
The Space
Available Space5,984 ft²
NegotiableYes
Property UseInvestment property / Multi family
ZoningRM-4 (Multiple Dwelling)
Year Built1909
Year Renovated2010
SourceLee & Associates Vancouver
Bike Friendly
Improved
Transit Friendly
The Building
Location The Property is located on the south side of West 3rd Avenue between Balsam and Vine Streets in the highly desirable Kitsilano neighbourhood of Vancouver. Kitsilano is known as one of Vancouver’s most prestigious multi-residential districts, which has consistently enjoyed a near 0% vacancy rate and some of the best rental rates in the City. Kitsilano offers over 300 shops and services with the subject property just ½ block north of 4th Avenue and 1 block away from the commercial hub at West 4th Avenue and Vine Street. There is the additional convenience of transit options to UBC, Downtown Vancouver, and beyond.
Property TypeMultifamily
Floors3
Building Size5,984 ft²
Lot Size6,000 ft²
Taxes$13,234/yr
ZoningRM-4 (Multiple Dwelling)
Year Built1909
Bike Friendly
Improved
Transit Friendly
Up to $500K for British Columbia businesses
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