Multi-family for sale

360 E 14th Avenue, Mount Pleasant VE, Vancouver

$17,880,000 or
$17,880,000 or

Multi-family for sale

360 E 14th Avenue, Mount Pleasant VE, Vancouver

Features

Lifestyle
224953909 17880000 /en/multi-family~for-sale~mount-pleasant-ve-vancouver/224953909?view=Summary /en/multi-family~for-sale~mount-pleasant-ve-vancouver/224953909/photos 49.2581000000 -123.0969400000 true
Year Built
1965
Lot Size
14,693 sqft
Gross Property Tax
$34,043.30 /year
Building Type
Freestanding, Low Rise (2-4 storeys), Mul Tenant/MultiPlex (5+)
Building / Complex Name
Golden Future Apartments
Zoning
RM-4
# of Parking Spaces
25
Subject Property Width
120.75 ft
Subject Property Depth
122 ft
Suite Mix Information
x Bachelor/Studio, 23 x 1 ½, 2 x 2 ½, 28 x Other
Total no. of Units
28
60

Description

Multi-family investment and redevelopment opportunity across from Mount St. Joseph Hospital in Vancouver's Mount Pleasant neighbourhood. The property is improved with an extensively renovated 28-unit apartment building and offers strong and stable cash flow while planning for future redevelopment under the direction of the Broadway Plan. Standalone or assembled (378 E 14th Avenue also available for sale) development options may be considered by the City of Vancouver for 95,505 to 116,493 buildable square feet - 80% market I 20% below-market rental density. Favourable CMHC debt at 2.789% interest may be assumable by a qualified purchaser. Reach out to the listing agents for more information.
MLS® Number C8048840

Listing REALTOR®

Jake Luft, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Jake Luft

REALTOR®, Personal Real Estate Corporation

Avison Young

Location

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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.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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