31
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$8,900,000
Est. payment /mo
12,078 SqFt
Active
1603 E BROADWAY Vancouver, BC V5N 1V9
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UPDATED:
02/13/2025 12:50 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,078 sqft
Price per Sqft $736
Subdivision Grandview Woodland
MLS Listing ID C8066596
Year Built 1982
Tax Year 2024
Property Description
AMAZING OPPORTUNITY! This well maintained 22 UNITS STRATA BUILDING offers 20-one-bedroom units and 2-two-bedrooms units. All with their own legal description. There are only two owners, one owner owns 11 units and the other owns the other 11 units. European built in the 1980's, first time to market. This site is situated in the Commercial Drive Station Plan that can propose huge density and development upside. Ideal to keep as a rental and increase rents, renovate and sell off individual units or buy hold and develop in the future. There are many options. The rents are well under market, huge upside.
Location
Province BC
Community Grandview Woodland
Area Vancouver East
Zoning British Columbia Default Zone
Region Greater Vancouver
City Region Greater Vancouver
Exterior
Roof Type Other
Building
Dwelling Type Multi-Family Commercial
Water Municipal
Structure Type Wood Frame
Listed by Sutton Group-West Coast Realty