Multi-family for sale
2280 McGill Street, Hastings, Vancouver
$6,980,000
$6,980,000
Multi-family for sale
2280 McGill Street, Hastings, Vancouver
Features
Floor Area
12,006 sqft
Lot Size
12,006 sqft
Gross Property Tax
$16,290.20 /year
Building Type
Low Rise (2-4 storeys)
Zoning
RM-3A
Subject Property Width
99 ft
Subject Property Depth
122 ft
Suite Mix Information
x Bachelor/Studio, 16 x 1 ½, 3 x 2 ½
Financial Summary
$286,260
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 hot water tank recently upgraded.
MLS® Number C8057090