Appartment

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877&887 W 28th Avenue
Cambie Vancouver V5Z 2H6

$9,460,000
Multi-Family Commercial

View of apartment building / complex
Photo 1: 877&887 W 28th Avenue in Vancouver: Cambie Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8074764
Photo 2: 877&887 W 28th Avenue in Vancouver: Cambie Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8074764
Photo 3: 877&887 W 28th Avenue in Vancouver: Cambie Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8074764
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8074764
Side by side lots, two PIDs, offering a combined frontage of 100 ft and depth of 125 ft CORNER lot with lane access. A permit to build 12 units at FSR 1.2 is around the corner. The property is located within a Transit Oriented Area and has the potential to be assembled with the adjacent lot, achieving a total of 31,250 sq.ft. and permitting a mid-rise development with an FSR of up to 3.0. Measurement according to BC assessment.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
# of Apartments:
12
Year built:
1928 (Age: 98)
Subject Property Depth:
125'
Subject Property Width:
100'
Lot Area:
12,632.4 sq. ft.
Zoning:
Potential to Redevelop:
No, PERMIT READY AT FSR : 1 , 2. POTENTIAL TO DEVOLP AT FSR: 3
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Electricity:
Yes
Services Connected:
Cable at Lot Line, Electricity at Lot Line, Electricity Connected, Fully Serviced, Natural Gas at Lot Line, Natural Gas Connected, Sanitary sewer at LotLine
Sewer:
Septic Tank, Storm Sewer
Parcel Number:
011166436
Taxes:
$25,000 / 2025
No
Water Rights:
No
Roof:
Potential to Redevelop:
No, PERMIT READY AT FSR : 1 , 2. POTENTIAL TO DEVOLP AT FSR: 3
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 877&887 W 28th Avenue in Vancouver: Cambie Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8074764
    View of apartment building / complex
  • Photo 2: 877&887 W 28th Avenue in Vancouver: Cambie Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8074764
    Surrounding community
  • Photo 3: 877&887 W 28th Avenue in Vancouver: Cambie Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8074764
    Aerial perspective of suburban area with property parcel outlined
Listed by Royal Pacific Realty Corp.
Data was last updated January 1, 2026 at 06:40 PM (UTC)
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