Just Listed 1625 E 8th Ave Vancouver, BC – Grandview Woodland – Broadway and Commercial Station

Just Listed 1625 E 8th Ave Vancouver, BC – Grandview Woodland – Broadway and Commercial Station

  Address: 1625 E 8th Ave Vancouver, BC – Grandview Woodland List Price: $1,499,000 List Date: March 23, 2021 Bedroom: 3 Bathroom: 2 House Size: 1505 sqft Lot Size: 2666 sqft Built: 1928 Zoning: RM-4N     Description: Outstanding investment and holding opportunity a stone throw from Broadway and Commercial station. Beautiful 1928 charming home with tremendous investment and development upside. Half a block to Commercial Dr. All the restaurants, amenities, grocery stores within walking distance of this home. Situated right next to a community garden. Grandview Community Plan allows for 3.6FSR 10 storey condo development. Current RM4N zoning has a maximum of 1.45FSR. Property backs into the Grandiview Cut. Can be sold together with 1605 E 8th Ave as a share sale held by the same company. Interior pictures taken prior to tenants moving in. Priced at $155/SF buildable based on 3.6FSR density. Combined Gross Rent for both properties at $98,000+ per year.   Interior pictures taken before tenants moved in.                              ...

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Just Listed 1605 E 8th Ave Vancouver BC – Grandview Woodland Development – Investment Opportunity

Just Listed 1605 E 8th Ave Vancouver BC – Grandview Woodland Development – Investment Opportunity

    Address: 1605 E 8th Ave Vancouver, BC – Grandview Woodland List Price: $1,899,000 List Date: March 23, 2021 Bedroom: 3 + 2 Dens Bathroom: 2 House Size: 1417 sqft Lot Size: 3386 sqft Built: 1923 Zoning: RM-4N Legal Suite   Description: Central location. Broadway Commercial Station, Commercial Drive. Outstanding amenities, restaurants in one of the most sought after areas of the City. This property has it all! Development and investment opportunity a stone throw away from Broadway and Commercial station. Legal suite tastefully finished and done with permits. RM4N zoning allows up to 1.45 FSR development for the property. Grandview Official Community Plan allows for 10 Storey condo development with a FSR of 3.6 Can be sold together with 1625 E 8th as a share sale. Combined Gross Rent for both properties at $98,000+ per year. Property at 2.17% CAP rate.   Interior pictures taken before tenants moved in....

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