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$ 5,800,000
Est. payment | /mo
0.28 Acres Lot
$ 5,800,000
Est. payment | /mo
0.28 Acres Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type Asset
MLS Listing ID C8068629
Lot Size 0.280 Acres
Property Sub-Type Multi Family
Property Description
Constructed in 1966, the property is a well-maintained three-storey apartment building situated on McGill Street in the Cedar Cove area of Grandview Woodlands. The building is situated on a 12,006 SF lot with a surface-level parking area at the rear. The property is designated for a 6-storey apartment at a density of up to 2.40 FSR within the Grandview-Woodland Community Plan, offering long-term redevelopment potential. The building has a suite mix of 16 one-bedrooms, 3 two-bedrooms, and one bachelor suite, most of which are equipped with a balcony or patio. Each suite is separately metered for hydro, paid by the tenants. The heating is supplied via hot water baseboard radiators with a new IBC high-efficiency boiler and a hot water tank recently upgraded.
Location
Province BC
Community Hastings
Area Vancouver East
Interior
Heating Hot Water
Others
Ownership Other
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