$6,996,000

For sale

887 & 877 West 28TH Avenue, Vancouver - Multi-family for Sale

887 & 877 West 28TH Avenue, Vancouver, British Columbia, V5Z2H6

12,500 sq ft (0.28 ac) lot sizeListed 49 days ago

Overview

This multi-family property in Vancouver is for sale. It has been on the market 49 days, fresher than the Vancouver average of 93 days.

1629 East 10 Avenue, Vancouver, British Columbia, V5N1X6

Lot size 4,318 sq ft

Listed by Real Broker

635-637 E HASTINGS STREET Street, Vancouver, British Columbia, V6A1R2

For sale

12 days ago

$3.60M

635-637 E HASTINGS STREET Street, Vancouver, British Columbia, V6A1R2

8,040 ft²Lot size 3,050 sq ft

Listed by CASM Global Real Estate Corporation

1568 East BROADWAY, Vancouver, British Columbia, V5N5X4

For sale

15 days ago

$45M

1568 East BROADWAY, Vancouver, British Columbia, V5N5X4

Lot size 23,534 sq ft (0.54 ac)

Listed by Royal Pacific Realty Corp.

1055 East 11TH Avenue, Vancouver, British Columbia, V5T2G1

For sale

15 days ago

$2.00M

1055 East 11TH Avenue, Vancouver, British Columbia, V5T2G1

7 bd6 ba3,973 ft²Lot size 4,026 sq ft

Listed by RE/MAX Real Estate Services

Investment analysis

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$6,996,000

Vancouver

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Description

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. (id:66096)

Property Details

MLS®: C8082098
Property Type: Multi-family
Zoning: RS-1
Lot Size: 12,500 sq ft (0.28 ac)
Year Built: 1928
Property Tax: $25,000/yr
Listed: 49 days ago

Features

Lot Features: Lane

Services

Sewer: Storm sewer, Septic System
Utilities: Water, Sewer, Natural Gas, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

49d

Vancouver listings, avg age

93d

List price

$7.00M

Haho

This multi-family in Vancouver has been listed for 49 days, which is 44 days fresher than the city average of 93. Act while there is still low competition.

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Listed by Royal Pacific Realty Corp. · Milad Karimi

Location

Approximate location — exact address confirmed upon showing

Nearby Places

$6,996,000

For sale

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Full Cost Breakdown

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Down Payment20% · $1,399,200

Min 20%50%

Mortgage payment$29,836/mo

Property tax (est.)$2,083/mo

Total monthly$31,920

Cash Needed to Close

Down payment (20%)$1,399,200

Land transfer tax$187,880

Est. closing costs$23,488

Total cash needed$1,610,568

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