Multi-family for sale

2228 Triumph Street, Hastings, Vancouver

$7,625,000 or
$7,625,000 or

Multi-family for sale

2228 Triumph Street, Hastings, Vancouver

Features

Lifestyle
224946207 7625000 /en/multi-family~for-sale~hastings-vancouver/224946207?view=Summary /en/multi-family~for-sale~hastings-vancouver/224946207/photos 49.2836800000 -123.0591500000 true
Year Built
1966
Lot Size
12,078 sqft
Gross Property Tax
$19,472 /year
Building Type
Low Rise (2-4 storeys)
Zoning
RM-3A
Subject Property Width
99 ft
Subject Property Depth
122 ft
Amenities
Balconies, Laundry Facility
Suite Mix Information
x Bachelor/Studio, 18 x 1 ½, 1 x 2 ½
Total no. of Units
22
84

Description

Offering 22 spacious suites with 20% being held unoccupied for renovation ease and generous income upside. Potential to achieve a near 5.0% cap rate following extensive renovation of all suites. A preferred suite mix dominated by one-bedrooms and featuring two 2-bedroom penthouses with incredible views. Featuring 99-feet of frontage on a 12,078 SF lot in the Grandview Woodland district, which is eligible for a 2.4 FSR and future development. Positioned one block west of Nanaimo Street between Templeton & Garden Drive and five blocks north of East Hastings Street offering quick access to all areas of the Lower mainland. A well-maintained building offering multiple investment and development scenarios. May be purchased in conjunction with its twin building at 2056 Franklin Street.
MLS® Number C8041138

Listing REALTORS®

Dan Chatfield, REALTOR<sup>®</sup>

Dan Chatfield

REALTOR®
Steve Fame, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Steve Fame

REALTOR®, Personal Real Estate Corporation
Sunil Suvarna, REALTOR<sup>®</sup>

Sunil Suvarna

REALTOR®

Location

In accordance with our Terms of Use, location data are provided to you “as-is”, without warranty. Any liability arising from location data is expressly excluded.

Calculate mortgage payments

$
$
%
7,625,000 $
%
years
$

Estimated property transfer tax

$
$
$
$
$

Calculate borrowing capacity

$
%
years
$
  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
1 1 12500
Back top