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4141 OAK Street
Shaughnessy Vancouver V6H 2N1

$5,500,000
Land Commercial, Multi-Family Commercial

Main Photo: 4141 OAK Street in Vancouver: Shaughnessy Land Commercial for sale in "AVONLEA APARTMENTS" (Vancouver West)  : MLS®# C8041338
Photo 1: 4141 OAK Street in Vancouver: Shaughnessy Land Commercial for sale in "AVONLEA APARTMENTS" (Vancouver West)  : MLS®# C8041338
Photo 2: 4141 OAK Street in Vancouver: Shaughnessy Land Commercial for sale in "AVONLEA APARTMENTS" (Vancouver West)  : MLS®# C8041338
Photo 3: 4141 OAK Street in Vancouver: Shaughnessy Land Commercial for sale in "AVONLEA APARTMENTS" (Vancouver West)  : MLS®# C8041338
Photo 4: 4141 OAK Street in Vancouver: Shaughnessy Land Commercial for sale in "AVONLEA APARTMENTS" (Vancouver West)  : MLS®# C8041338
Photo 5: 4141 OAK Street in Vancouver: Shaughnessy Land Commercial for sale in "AVONLEA APARTMENTS" (Vancouver West)  : MLS®# C8041338
Photo 6: 4141 OAK Street in Vancouver: Shaughnessy Land Commercial for sale in "AVONLEA APARTMENTS" (Vancouver West)  : MLS®# C8041338
Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8041338
Build. Type:
Low Rise (2-4 stories)
Shaughnessy apartment building with a 2.4% cap rate on actual income. The building is in good condition and lot is designated for higher density (6 storey mixed use). Avonlea Apartments is a fully tenanted 12-unit freehold apartment building located along Oak Street in one of Vancouver’s most affluent neighbourhoods. The units are spacious, and each equipped with their own dishwasher. The building sits on a 6,378 square foot lot and has been well maintained over the years. Recent updates include new double paned windows throughout, a high efficiency Mighty-Therm boiler and hot water tanks, double pane windows, and a large laundry room with two sets of coin operated machines. and future development potential as a 3.0 FSR site in the Cambie Corridor OCP. 4141Oak.com
Sale Type:
Asset
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories), Multiple Tenant/Multi-Plex (5+)
Name of Complex/Subdivision:
# Units:
12
# Other Units:
# of Appartments:
12
# of Bachelor Appartments:
2
# of 1 Bedroom Appartments:
10
# Storeys:
3.0
Total Floor Area:
12,000 sq. ft.
Lot Area:
6,378 sq. ft.
Lot Depth:
120
Lot Frontage:
53'1¾"
Land Use/Zoning:
RM-3A
Permitted Use:
Mixed Use, Multifamily (5+)
Taxes:
$13,596.2 / 2021
Laundry Facility
Services Connected:
Cable, Curb; Gutter, Electricity, Fully Serviced, Garbage Collection, Telephone, Sidewalk
Water Supply:
Municipal
HVAC:
Radiant
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: 4141 OAK Street in Vancouver: Shaughnessy Land Commercial for sale in "AVONLEA APARTMENTS" (Vancouver West)  : MLS®# C8041338
    Photo 1 of 6
  • Photo 2: 4141 OAK Street in Vancouver: Shaughnessy Land Commercial for sale in "AVONLEA APARTMENTS" (Vancouver West)  : MLS®# C8041338
    Photo 2 of 6
  • Photo 3: 4141 OAK Street in Vancouver: Shaughnessy Land Commercial for sale in "AVONLEA APARTMENTS" (Vancouver West)  : MLS®# C8041338
    Photo 3 of 6
  • Photo 4: 4141 OAK Street in Vancouver: Shaughnessy Land Commercial for sale in "AVONLEA APARTMENTS" (Vancouver West)  : MLS®# C8041338
    Photo 4 of 6
  • Photo 5: 4141 OAK Street in Vancouver: Shaughnessy Land Commercial for sale in "AVONLEA APARTMENTS" (Vancouver West)  : MLS®# C8041338
    Photo 5 of 6
  • Photo 6: 4141 OAK Street in Vancouver: Shaughnessy Land Commercial for sale in "AVONLEA APARTMENTS" (Vancouver West)  : MLS®# C8041338
    Photo 6 of 6
Listed by TRG Commercial Realty Ltd. and eXp Realty
Data was last updated January 25, 2022 at 09:10 PM (UTC)
Bruce Long CCIM, FRI, PREC
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