Wow! Prime Investment Opportunity in the Heart of Mount Pleasant. Exceptional mixed-use property located near Main Street and East 16th Avenue. This three-storey building features 10 residential units on the upper levels and one commercial unit on the ground floor, generating a current gross income of over $187,000 per year with significant upside potential from below-market rents. Situated on a 5,426.51 sq. ft. corner lot, zoned C-2 Commercial, and located within 800 metres of the Mount Pleasant Station Transit-Oriented Development Area, this property offers strong holding income and an excellent future redevelopment potential. A solid long-term investment in one of Vancouver's most sought-after and evolving neighbourhoods! (id:58426)
| MLS® Number | C8066568 |
| Property Type | Multi-family |
| Neigbourhood | Renfrew-Collingwood |
| ConstructedDate | 1987 |
| SizeInterior | 7000 Sqft |
| Acreage | No |
| Sewer | Storm Sewer |
| SizeIrregular | 5426 |
| SizeTotal | 5426 Sqft |
| SizeTotalText | 5426 Sqft |
| ZoningDescription | C-2 |
| Cable | Available |
https://www.realtor.ca/real-estate/27904020/210-e-16th-avenue-vancouver
Contact us for more information
Fred Choy
Personal Real Estate Corporation
Allen Chi Hung Lee
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