My Listings

2043 STAINSBURY Avenue
Grandview Woodland Vancouver V5N 2M9

$2,050,000
Multi-Family Commercial

Main Photo: 2043 STAINSBURY Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8051836
Photo 1: 2043 STAINSBURY Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8051836
Photo 2: 2043 STAINSBURY Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8051836
Photo 3: 2043 STAINSBURY Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8051836
Photo 4: 2043 STAINSBURY Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8051836
Photo 5: 2043 STAINSBURY Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8051836
Photo 6: 2043 STAINSBURY Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8051836
Photo 7: 2043 STAINSBURY Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8051836
Photo 8: 2043 STAINSBURY Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8051836
Photo 9: 2043 STAINSBURY Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8051836
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8051836
Build. Type:
Low Rise (2-4 stories)
Investment/Development opportunity near Trout Lake. Apartment building with potential for rezoning and redevelopment with adjacent vacant lots owned by the City of Vancouver. Eight one bedroom units approximately 630 sq ft. Currently rented for well below market rents. Close to parks, shopping and transit.
Sale Type:
Asset
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories), Multiple Tenant/Multi-Plex (5+)
# Units:
8
# Other Units:
0
# of Appartments:
8
# of Studio Appartments:
0
# of Penthouse Appartments:
0
# of Bachelor Appartments:
0
# of 4+ Bedroom Appartments:
0
# of 1 Bedroom Appartments:
8
# of 2 Bedroom Appartments:
0
# of 3 Bedroom Appartments:
0
# Storeys:
2.0
Year built:
1910 (Age: 113)
Total Floor Area:
8,841 sq. ft.
Lot Area:
3,383.45 sq. ft.
Lot Depth:
96.67
Lot Frontage:
35'
Land Use/Zoning:
RS-1
Taxes:
$6,288.9 / 2022
Balconies, Laundry Facility
# Elevators:
0
Services Connected:
Cable, Electricity, Garbage Collection, Natural Gas
Water Supply:
Municipal
Roof:
Torch-On
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
2.0
Other Income:
$0
Effective Gross Income:
$80,088
Gross Income:
$80,088
Oper. Expenses:
$31,790
Net Operating Income:
$48,298
Original Price:
$2,050,000
  • Photo 1: 2043 STAINSBURY Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8051836
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  • Photo 2: 2043 STAINSBURY Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8051836
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  • Photo 3: 2043 STAINSBURY Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8051836
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  • Photo 4: 2043 STAINSBURY Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8051836
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  • Photo 5: 2043 STAINSBURY Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8051836
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  • Photo 6: 2043 STAINSBURY Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8051836
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  • Photo 7: 2043 STAINSBURY Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8051836
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  • Photo 8: 2043 STAINSBURY Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8051836
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  • Photo 9: 2043 STAINSBURY Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8051836
    Photo 9 of 9
Listed by MACDONALD REALTY LTD.
Data was last updated September 25, 2023 at 02:10 PM (UTC)
CAROL PALFREY
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