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Coming Soon! 12 Unit Apartment Building For sale , Vancouver

Coming soon from the CRE Investment & Development Team | Royal LePage Commercial :an exclusive opportunity to acquire a 12-unit apartment building situated in the heart of Vancouver.

This property is strategically located in an area boasting a regional CMHC vacancy rate of just 0.4%, making it a prime investment opportunity. With the potential to increase rents by a substantial 85%, this property offers the promise of significant returns for those keen on tapping into Vancouver's dynamic rental market.

Sitting on a spacious corner lot spanning approximately 8,200 square feet, this building is perfectly positioned for expansion and development. Under the Grandview Plan, it is zoned for 6 stories with a 2.4 FSR (Floor Space Ratio), aligning seamlessly with the growing demand for rental accommodations in the area.

Don't miss out on this chance to add a valuable asset to your real estate portfolio! Stay tuned for more updates as we prepare to unveil further details about this remarkable property.

Contact Pouria Nikravan PREC, Chris Hayne, or Raman Bayanzadeh PREC for more information

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