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
Gross Property Tax
Low Rise (2-4 storeys)
Subject Property Width
Subject Property Depth
Balconies, Laundry Facility
Suite Mix Information
x Bachelor/Studio, 18 x 1 ½, 1 x 2 ½
Total no. of Units
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
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- 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.
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