The McEvay Blair Multifamily Group of Marcus & Millichap is pleased to present 228 Manitoba, a desirable family-owned apartment building in one of Western Canada’s best rental markets. Consisting of 9 bright and spacious suites (6-1 bedrooms and 3-2 bedrooms) that have been renovated with new kitchens and bathrooms, this building boasts a tremendous location right next to Tipperary Park with a 15 minute walk to both Queen’s Park and the Columbia Skytrain Station in downtown New Westminster. The property has recently been improved with a new hot water tank, double-glazed windows, and an upgraded lobby and common areas with new carpet, paint, and lighting. There is a substantial amount of storage throughout lending to the potential to add an additional unit for further revenue. There is favourable financing available consisting of an assumable CMHC loan with People’s Trust with a current balance of ~$1,226,000, a 10-year term (due 2031), 30 year amortization, and a 2.41% interest rate.More details
This complex of nine townhouses on 14,531 SQFT SITE with MULTI-FAMILY DEVELOPMENT OPPORTUNITY, OFFERING VALUE-ADD POTENTIAL. The Metrotown Downtown Plan of Burnaby OCP designates this site as RM4s /C2 (High Density Mixed Use). This Designation allows for a built form consisting of commercial and office podiums and high rise residential building forms with 4.9 FAR in total. Try your offer.More details
Situated in Vancouver's esteemed 1st Shaughnessy district, this expansive 100' x 200' corner estate lot is a prime opportunity for developers. The property is primed for redevelopment, offering a highly coveted space for constructing an upscale townhomes or premium condo units. Currently, a modern, fully-renovated 5,350 sqft home resides on the property, potentially providing a steady stream of income. Close to UBC and top-ranked schools, the lot is an attractive investment for those looking to capitalize on its location and zoning benefits. This property presents a straightforward path to a high-value redevelopment project.More details
Listed by Macdonald Commercial Real Estate Services Ltd.
Located in New Westminster's esteemed Queens Park area, this 11-unit property presents a stellar investment opportunity with significant redevelopment potential. Offering a mix of studios and one-bedroom apartments, along with a separate five-stall garage, the building is well-suited for long-term holdings. With the possibility to construct an accessory dwelling, this property offers potential for future income increases. Tenants are responsible for their own utilities, contributing to low operational costs. Key upgrades include a new roof in 2006, updated electrical, and plumbing systems. This property is an ideal acquisition for investors seeking stable returns and growth in a prime location or developers looking for a stable income asset with infill development potential.More details
Listed by Macdonald Commercial Real Estate Services Ltd.
The McEvay Blair Multifamily Group is pleased to present Tiffany Court to the market for the first time in over 30 years. This 11 suite boutique apartment building has been meticulously maintained and pride of ownership is evident throughout, while boasting terrific curb appeal. All 11 suites have been updated and feature laminate flooring, stone countertops, and upgraded double-glazed windows while common areas throughout have been improved with new carpet and lighting. There are storage lockers and surface parking available for tenants and a beautifully renovated laundry room with one set of owned laundry machines. The property is strategically located on a quiet, tree-lined street across from Ebisu Park and is in close proximity to shopping, transit with direct access to downtown Vancouver and Vancouver International Airport.More details
Data was last updated September 27, 2023 at 04:40 AM (UTC)
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