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1987 CORNWALL Avenue
Kitsilano Vancouver V6J 1C9

$3,998,000
Multi-Family Commercial

Main Photo: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 1: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 2: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 3: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 4: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 5: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 6: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 7: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 8: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 9: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 10: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 11: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 12: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 13: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 14: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 15: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 16: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 17: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 18: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 19: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 20: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 21: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 22: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 23: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 24: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 25: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 26: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 27: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Photo 28: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8047614
Build. Type:
Low Rise (2-4 stories)
PRIME KITS POINT PROPERTY WITH C-2B & RM-4 ZONING two blocks to Kitsilano Beach. 3 level walk up with 7 apartments (2 x studio, 3 x one bedroom, 2 x two bedrooms) situated on the north side of Cornwall Ave. Property is 49.3' wide x 92’ deep with side lane access. 4 surface level parking spots on lane side. 6 storage lockers and shared coin operated laundry. 1 unit currently held vacant allows for the option of current market rent or owner occupancy/managing on-site. This property has great exposure and immediate access to shops, restaurants, parks and transit. Excellent potential for increased income on turnover. Fantastic holding property with great future development potential.
Sale Type:
Asset
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories), Residential Mix, Multiple Tenant/Multi-Plex (5+)
Name of Complex/Subdivision:
# Bldgs:
1
# Units:
7
# Other Units:
# of Appartments:
7
# of Studio Appartments:
2
# of 1 Bedroom Appartments:
3
# of 2 Bedroom Appartments:
2
# Storeys:
3.0
Year built:
1955 (Age: 67)
Total Floor Area:
5,934 sq. ft.
Lot Area:
4,535.6 sq. ft.
Lot Depth:
92
Lot Frontage:
49'4"
Land Use/Zoning:
C-2B & RM-4
Permitted Use:
Multifamily (5+), Other
Taxes:
$11,034.7 / 2022
Laundry Facility
# Elevators:
0
Services Connected:
Cable, Electricity, Garbage Collection, Lane
Water Supply:
Municipal
HVAC:
Common Water Heater
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: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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  • Photo 2: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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  • Photo 3: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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  • Photo 4: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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  • Photo 5: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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  • Photo 6: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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  • Photo 7: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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  • Photo 8: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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  • Photo 9: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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  • Photo 10: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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  • Photo 11: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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  • Photo 12: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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  • Photo 13: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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  • Photo 14: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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  • Photo 15: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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  • Photo 16: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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  • Photo 17: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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  • Photo 18: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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  • Photo 19: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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  • Photo 20: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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  • Photo 21: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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  • Photo 22: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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  • Photo 23: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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  • Photo 24: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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  • Photo 25: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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  • Photo 26: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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  • Photo 27: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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  • Photo 28: 1987 CORNWALL Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale in "Waldori" (Vancouver West)  : MLS®# C8047614
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Listed by Sutton Group-West Coast Realty
Data was last updated December 4, 2022 at 11:05 AM (UTC)
Bruce Long CCIM, FRI, PREC
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