The Largest Number of Homes for Sale
Multi-family for sale
210 E 16th Avenue, Main, Vancouver
$4,988,000
$4,988,000
Multi-family for sale
210 E 16th Avenue, Main, Vancouver
Features
Year Built
1987
Floor Area
7,000 sqft
Lot Size
5,426 sqft
Gross Property Tax
$16,327.20 /year
Building Type
Low Rise (2-4 storeys), Mixed Use
Zoning
C-2
Subject Property Width
43.51 ft
Subject Property Depth
122.04 ft
Suite Mix Information
4 x Bachelor/Studio, 4 x 1 ½, 2 x 2 ½, 1 x Other
Total no. of Units
11
Financial Summary
$187,473
Description
Wow! Prime Investment Opportunity in the Heart of Mount Pleasant. Exceptional mixed-use property located near Main Street and East 16th Avenue. This three-storey building features 10 residential units on the upper levels and one commercial unit on the ground floor, generating a current gross income of over $187,000 per year with significant upside potential from below-market rents. Situated on a 5,426.51 sq. ft. corner lot, zoned C-2 Commercial, and located within 800 metres of the Mount Pleasant Station Transit-Oriented Development Area, this property offers strong holding income and an excellent future redevelopment potential. A solid long-term investment in one of Vancouver’s most sought-after and evolving neighbourhoods!
MLS® Number C8066568