REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,495,000
Est. payment | /mo
7,361 Sqft Lot
$ 3,495,000
Est. payment | /mo
7,361 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Fairfield West
MLS® Listing ID 1029992
Year Built 1912
Lot Size 7,361 Sqft
Acres 7361.0
Property Sub-Type Freehold
Property Description
Spectacular location on the corner of Southgate & Vancouver Streets, in one of Canada's most desirable rental markets, FAIRFIELD WEST. Steps to BEACON HILL PARK, COOK STREET VILLAGE & the ICONIC DALLAS ROAD WATERFRONT. This 12 UNIT CHARACTER APARTMENT BUILDING has been meticulously maintained, extensively renovated & consistently updated by the owners over the past 2 decades, making this one of the finest turn-key buildings in the city! This opportunity has the core components Investors are looking for when purchasing this type of asset. Excellent Return On Investment, 5.59% CAP with current Market Rents, Income Stability, Low Vacancy Risk, Location & Market Demand, Building Condition, Operational Efficiency and Long Term Appreciation. GRD-1 Apartment Zone. 8 One-Bedroom, 1 One-Bedroom & Loft & 3 Bachelor Units all separately metered with their own Heat & Hot Water, 11 Suites have In-Unit Laundry & Tenants enjoy shared Lawn & Garden Area plus individual storage lockers & bike storage. (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Others
Ownership Freehold
Listed by DFH Real Estate Ltd.
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION
QUICK SEARCH