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1440 W 70TH Avenue
Marpole Vancouver V6P 2Z2

$7,440,000
Multi-Family Commercial

Main Photo: 1440 W 70TH Avenue, Vancouver
Photo 1: 1440 W 70TH Avenue, Vancouver
Photo 2: 1440 W 70TH Avenue, Vancouver
Photo 3: 1440 W 70TH Avenue, Vancouver
Photo 4: 1440 W 70TH Avenue, Vancouver
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8061232
Build. Type:
Low Rise (2-4 stories)
Superb investment opportunity in the Prime Marpole area. Well cared for, fully occupied 4 storeys, 24 unit apartment building situated on the corner of 70th and French. Strategically located 1 block away from Granville Street & Safeway. It offers a desirable mix of 1 & 2 bedrooms, and a rooftop Penthouse. Minutes away from highway 91, 99, Vancouver Airport, Richmond and Downtown Vancouver. 18 parking stalls (12 underground and 6 open). 2 year old roof. Excellent redevelopment opportunity with higher density within the recent implemented Marpole Community.
Sale Type:
Asset
Construction:
Concrete Block, Brick/Masonry, Wood Frame
Building Type:
Low Rise (2-4 stories), Residential Mix, Multiple Tenant/Multi-Plex (5+)
Name of Complex/Subdivision:
# Units:
24
# Other Units:
# of Appartments:
24
# of Penthouse Appartments:
1
# of 1 Bedroom Appartments:
22
# of 2 Bedroom Appartments:
1
# Storeys:
4.0
Total Floor Area:
16,800 sq. ft.
Lot Area:
14,000 sq. ft.
Lot Depth:
100
Lot Frontage:
140'
Land Use/Zoning:
RM-3A
Permitted Use:
Multifamily (5+)
Taxes:
$23,888.6 / 2023
Balconies, Laundry Facility
Services Connected:
Cable, Curb; Gutter, Electricity, Fully Serviced, Garbage Collection, Lane, Lane Paved, Natural Gas, Telephone, Sewer - Storm, Sidewalk
Water Supply:
Municipal
HVAC:
Forced Air, Mixed
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 1440 W 70TH Avenue, Vancouver
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  • Photo 2: 1440 W 70TH Avenue, Vancouver
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  • Photo 4: 1440 W 70TH Avenue, Vancouver
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Listed by Cathay Pacific Realty Ltd.
Data was last updated October 30, 2024 at 02:10 AM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2024 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.