Vancouver, BC V5N 1W8,2121 E BROADWAY

$1,988,000

Est. payment /mo

$1,988,000

Est.Price: ?

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2121 E BROADWAY Vancouver, BC V5N 1W8

1 Bed

2,780 SqFt

SOLD DATE : 05/25/2023

Key Details

Sold Price $1,988,000

Property Type Commercial

Sub Type Land Commercial,Multi-Family Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 2,780 sqft

Price per Sqft $715

Subdivision Grandview Woodland

MLS Listing ID C8051634

Sold Date 05/25/23

Bedrooms 1

Year Built 1920

Annual Tax Amount $6,592

Tax Year 2022

Property Sub-Type Land Commercial,Multi-Family Commercial

Property Description

We are pleased to present this exciting investment opportunity with 6-storey development potential, in one of Vancouver''s most desirable neighborhoods. This property is ideally situated only 650 meters from the Commercial-Broadway Skytrain Station, making it highly accessible and attractive to potential tenants. The area is experiencing strong demand for housing, particularly for condos, due to its growing population and limited supply. The Property features four rental suites plus a laneway home, providing strong holding income. Moreover, there are two suites that will be vacant upon possession, providing an opportunity to bring these suites to market rents and an immediate increase to income.

Location

Province BC

Community Grandview Woodland

Area Vancouver East

Zoning British Columbia Default Zone

Direction E

Region Greater Vancouver

City Region Greater Vancouver

Exterior

Community Features Grandview Woodland

Amenities Available Fenced Yard

Building

Building Description Wood Frame, Residential Mix

Faces E

Story 2

Structure Type Wood Frame

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REBGV VOW (commercial)
Listed by Colliers
agent

Darell Pinazo

Agent

+1(778) 859-8058

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