$3,498,000

For sale

18-24 West 16TH Avenue, Vancouver - Multi-family for Sale

18-24 West 16TH Avenue, Vancouver, British Columbia, V5Y1Y6

10 beds4 baths8 parking3,780 ft²6,874 sq ft (0.15 ac) lot sizeListed 43 days ago

Overview

This multi-family property in Vancouver is for sale offering roughly 3,780 sq ft of space. It has been on the market 43 days, fresher than the Vancouver average of 93 days.

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Description

Parkside Living. ATTN: Investors & Homeowners - Outstanding Opportunity in the heart of Mount Pleasant! A beautifully renovated FOURPLEX on an oversized 6,874 SF (50x137.47) lot directly across from Mount Pleasant Park. Featuring 3,780 SF with four spacious homes generating $11,309/month in rental income. Beautifully updated with new flooring, ceramic bathroom finishes, kitchen cabinetry + appliances. Plenty of parking for all residents. Enjoy amazing mountain views in an excellent location walking distance to Cambie Village, Main Street, Broadway Skytrain and boutique shopping. School catchments: Simon Fraser Elementary + Eric Hamber Secondary. Perfect for multi generational living, savvy investors, or those looking to hold for future development. Don´t miss out! (id:66096)

Property Details

MLS®: R3167716
Property Type: Multi-family
Bedrooms: 10
Bathrooms: 4
Half Baths: 0
Parking: 8
Interior Size: 3,780 ft²
Lot Size: 6,874 sq ft (0.15 ac)
Year Built: 1979
Ownership: Freehold
Property Tax: $16,262.5/yr
Listed: 43 days ago

Features

Appliances: All
Lot Features: Central location

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

43d

Vancouver listings, avg age

93d

Price / ft²

$925

List price

$3.50M

Haho

This 10-bed multi-family in Vancouver has been listed for 43 days, which is 50 days fresher than the city average of 93. Act while there is still low competition.

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Listed by Royal LePage West Real Estate Services · Adil Dinani

Location

Approximate location — exact address confirmed upon showing

Nearby Places

$3,498,000· $925/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $699,600

Min 20%50%

Mortgage payment$14,918/mo

Property tax (est.)$1,355/mo

Total monthly$16,273

Cash Needed to Close

Down payment (20%)$699,600

Land transfer tax$82,940

Est. closing costs$12,994

Total cash needed$795,534

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