Prime Corner Investment with Redevelopment Approved! Exceptional opportunity at the high-exposure corner of Victoria Dr & E 49th Ave. This income-producing property currently generates $16,300/month, featuring a long-term commercial tenant (AR Cannabis) at $10,000/month, two 2-bedroom suites at $2,500 each, and one bachelor suite at $1,300. Redevelopment is approved for 9 two-bedroom units, 9 one-bedroom units, and one commercial space, offering tremendous potential for future growth. With strong current cash flow, reliable tenants, and significant redevelopment upside, this is a rare investment opportunity in a prime Vancouver location. Call us now for more details! (id:58426)
| MLS® Number | C8077537 |
| Property Type | Multi-family |
| Constructed Date | 1946 |
| Fire Protection | Alarm System |
| Size Interior | 2,900 Sqft |
| Acreage | No |
| Sewer | Storm Sewer |
| Size Irregular | 3879 |
| Size Total | 3879 Sqft |
| Size Total Text | 3879 Sqft |
| Zoning Description | C2 |
| Electricity | Available |
| Sewer | Available |
https://www.realtor.ca/real-estate/29547454/6528-victoria-drive-vancouver
Contact us for more information
Rimpy Hothi
Personal Real Estate Corporation, Rimpy Hothi Group
(604) 257-8888
(604) 257-8889
westcoastkillarney.sutton.com/