$1,988,000
$1,988,000
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2121 E BROADWAY Vancouver, BC V5N 1W8
1 Bed
2,780 SqFt
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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