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Multi-family for sale

326 Powell Street, Strathcona, Vancouver

$3,500,000

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$3,500,000

Multi-family for sale

326 Powell Street, Strathcona, Vancouver

Features

Lifestyle

Year Built

1901

Floor Area

3,050 sqft

Lot Size

3,050 sqft

Gross Property Tax

$15,085.50 /year

Building Type

Low Rise (2-4 storeys), Mul Tenant/MultiPlex (5+), See Realtor Remarks

Zoning

DEOD

Subject Property Width

25 ft

Subject Property Depth

122 ft

Total no. of Units

Description

Exceptional investment opportunity in the heart of Vancouver’s historic Chinatown. This building operates as a Rooming House / Hotel and has 42 units in total, ideal for transitional housing, hostel-style accommodations, or long-term room rentals. Zoned DEOD, it allows for a variety of commercial and residential uses, making it an ideal candidate for repositioning or redevelopment (subject to city approval).

MLS^® Number C8068551

Listing REALTOR^®

Joseph Liang

REALTOR^®, Personal Real Estate Corporation

Dracco Pacific Realty

Location

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Mortgage amount 3,500,000 $

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2% of remaining value up to and including $2,000,000 $

3% of remaining portion over $2,000,000 $

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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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Joseph Liang

Dracco Pacific Realty

Dracco Pacific Realty

Multi-family for sale

326 Powell Street, Strathcona, Vancouver

Multi-family for sale

326 Powell Street, Strathcona, Vancouver

Features

Description

Listing REALTOR®

Joseph Liang

Dracco Pacific Realty

Location

Calculate mortgage payments

Estimated property transfer tax

Calculate borrowing capacity

Listing REALTOR^®