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1865 W 12TH Avenue
Kitsilano Vancouver V6J 2E7

$3,999,000
Multi-Family Commercial

Main Photo: 1865 W 12TH Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8065667
Photo 1: 1865 W 12TH Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8065667
Photo 2: 1865 W 12TH Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8065667
Photo 3: 1865 W 12TH Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8065667
Photo 4: 1865 W 12TH Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8065667
Photo 5: 1865 W 12TH Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8065667
Photo 6: 1865 W 12TH Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8065667
Photo 7: 1865 W 12TH Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8065667
Photo 8: 1865 W 12TH Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8065667
Photo 9: 1865 W 12TH Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8065667
Photo 10: 1865 W 12TH Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8065667
Photo 11: 1865 W 12TH Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8065667
Photo 12: 1865 W 12TH Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8065667
Photo 13: 1865 W 12TH Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8065667
Photo 14: 1865 W 12TH Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8065667
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8065667
Build. Type:
Multiple Tenant/Multi-Plex (5+)
CASHFLOW! CASHFLOW! CASHFLOW! Fully leased & well maintained 10-suite investment property . Located in the highly sought-after Kitsilano neighbourhood, this ideal location offers transit access to both Downtown and UBC in under 20 minutes. The property has consistently maintained a near 0% vacancy rate and comprises an excellent suite mix, catering to everyone from students to seniors. This low-maintenance property is the perfect opportunity for an investor wanting to capitalize on the future rental upside, driven by area densification and additional transit options, thanks to the Broadway Plan/Line. Annual Gross Income of+/- $260,000.
Sale Type:
Asset
Building Type:
Multiple Tenant/Multi-Plex (5+)
Name of Complex/Subdivision:
# Other Units:
# of Apartments:
10
# of Studio Apartments:
2
# of Bachelor Apartments:
3
# of 1 Bedroom Apartments:
4
# of 2 Bedroom Apartments:
1
# Storeys:
3.0
Total Floor Area:
5,354 sq. ft.
Lot Area:
6,250 sq. ft.
Land Use/Zoning:
RT8
Permitted Use:
Multifamily (5+), Residential
Taxes:
$10,210.2 / 2024
Roof:
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
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Listed by CBRE Limited
Data was last updated January 18, 2025 at 08:10 AM (UTC)
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