360 E 14th Avenue, Mount Pleasant VE, Vancouver

$17,880,000 |   MLS® Number  C8048840

Multi-family for sale in Mount Pleasant VE, Vancouver, Vancouver East, 360 E 14th Avenue, 224953909 | Realtylink.org

Multi-family for sale

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
94

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.