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2525 BIRCH Street
Fairview VW Vancouver V6H 2T3

$9,900,000
Multi-Family Commercial

Main Photo: 2525 BIRCH Street in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8064872
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8064872
Build. Type:
Low Rise (2-4 stories)
Investor Alert! Prime Broadway subway location! Huge re-development potential on the new OCP up to 20 stories with 6.5 FSR! Current mint condition 17-Suite/ 4-stories apartment building situated in the prestigious Fairview Neighbourhood, nearly complete updated in 2013 w/new building envelope & siding, window, sliders, balconies & railings, new roof and was fully re-piped minimizing future capital expenditures. Gross income over $360,000, young professional tenants w/ healthy turnover rate. Located between Granville & VGH stations, 5-min drive to Downtown Vancouver and an excellent cross section of amenities and services along the Granville Retail corridor ensuring the property continues to attract and retain quality tenants and drive rents.
Sale Type:
Asset
Construction:
Wood Frame, Mixed
Building Type:
Low Rise (2-4 stories)
Name of Complex/Subdivision:
# Bldgs:
1
# Units:
17
# Other Units:
# of Apartments:
17
# of Bachelor Apartments:
2
# of 1 Bedroom Apartments:
14
# of 2 Bedroom Apartments:
1
# Storeys:
4.0
Year built:
1989 (Age: 36)
Total Floor Area:
9,845 sq. ft.
Lot Area:
8,000 sq. ft.
Lot Depth:
80
Lot Frontage:
100'
Land Use/Zoning:
RM-3
Permitted Use:
Multifamily (5+)
Taxes:
$23,916 / 2024
Laundry Facility, Visitor Parking
# Elevators:
1
Services Connected:
Electricity, Garbage Collection, Lane Paved, Natural Gas, Telephone
Water Supply:
Municipal
HVAC:
Baseboard, Electric, Hot Water
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
Yes
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: 2525 BIRCH Street in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8064872
    Photo 1 of 1
Listed by Royal Pacific Realty Corp.
Data was last updated January 14, 2025 at 01:10 AM (UTC)
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