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11 E 11th Ave 42 Unit Apartment Building $17,700,000 CAD ($421,429 CAD/Unit) Vancouver, BC V5T 2B9
INVESTMENT HIGHLIGHTS
- High exposure location
- Heavy daytime foot traffic area
- Access to highway
- Ample parking
- Natural light exposure
- access to public transit
EXECUTIVE SUMMARY
41 unit apartment building for sale in beautiful Mount Pleasant. Located in the Mount Pleasant South Apartment Area (MSAA) of the Broadway Plan, the property is likely to allow a 6.5 FSR and 20 storey rental tower on redevelopment.
PROPERTY FACTS
| Price | $17,700,000 CAD | Building Class | C |
| Price Per Unit | $421,429 CAD | Lot Size | 0.52 AC |
| Sale Type | Investment | Building Size | 32,976 SF |
| Sale Condition | Redevelopment Project | Average Occupancy | 100% |
| No. Units | 42 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1968 |
| Property Subtype | Apartment | Parking Ratio | 1/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R5-3 - Residential | ||
| Price | $17,700,000 CAD |
| Price Per Unit | $421,429 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 32,976 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1968 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R5-3 - Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Smoke Free
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 30 | - | - |
| 2+1 | 12 | - | - |
1 1
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (85)
Bike Score®
Very Bikeable (86)
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11 E 11th Ave
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