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150 E 14th Ave
Vancouver, BC V5T 2M5
Ridgeway Manor · Multifamily Property For Sale
·
34 Units
Investment Highlights
- Significant redevelopment potential under the Broadway Plan — up to 20 storeys and 6.50 FSR if assembled
- Strong holding income supports financing and reduces pressure during planning
- Transit-oriented — just 600m from future Mount Pleasant SkyTrain Station
- Secure cash flow from 34 residential units in a low-vacancy area, with upside on tenant turnover
- Prominent 228 ft frontage on East 14th Avenue in a high-traffic, high-growth neighborhood
- Great access via Main St, East Broadway, E 12th, and E 16th Ave
Executive Summary
CAN BE SOLD TOGETHER WITH 3011-3085 MAIN ST.
150 East 14th Avenue is located mid-block on the south side of East 14th Avenue between Main Street and Quebec Street. The property is situated in the diverse Mount Pleasant Neighborhood, which has become one of Vancouver’s most popular and sought-after areas, and includes a strong local business community, a growing biotech presence from companies like AbCellera and Zymeworks and a rapidly growing residential population.
150 East 14th Avenue is located mid-block on the south side of East 14th Avenue between Main Street and Quebec Street. The property is situated in the diverse Mount Pleasant Neighborhood, which has become one of Vancouver’s most popular and sought-after areas, and includes a strong local business community, a growing biotech presence from companies like AbCellera and Zymeworks and a rapidly growing residential population.
Property Facts
| Sale Type | Investment | Lot Size | 0.39 AC |
| No. Units | 34 | Building Size | 34,000 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1978 |
| Building Class | C | Parking Ratio | 0.71/1,000 SF |
| Zoning | RM-4 - Residential | ||
| Sale Type | Investment |
| No. Units | 34 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.39 AC |
| Building Size | 34,000 SF |
| Average Occupancy | 97% |
| No. Stories | 3 |
| Year Built | 1978 |
| Parking Ratio | 0.71/1,000 SF |
| Zoning | RM-4 - Residential |
Amenities
Unit Amenities
- Balcony
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 34 | - | 452 - 632 |
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