Multi Family

Forgot password Extend Verify Contact

1550 E 3RD Avenue
Grandview Woodland Vancouver V5N 1G9

$5,039,000
Multi-Family Commercial

Main Photo: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
Photo 1: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
Photo 2: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
Photo 3: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
Photo 4: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
Photo 5: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
Photo 6: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
Photo 7: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
Photo 8: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
Photo 9: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
Photo 10: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
Photo 11: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
Photo 12: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
Photo 13: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
Photo 14: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
Photo 15: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8051730
Build. Type:
Condo Strata Complex
This is a rare opportunity to acquire a townhouse development project in the highly coveted neighbourhood of Commercial Drive. The property has 50ft of frontage and totals 6,375 sqft with an allowable density of 1.45 FSR. The architectural plans have been completed by MA+HG Architects for 4-storey stacked townhouse multiple dwelling buildings containing a total of 8 strata units. The total floor area of the buildings will be 9,242 sqft. There will be a total of 5 parking spaces with access from the lane and 32 secured bike storage spaces. A full interior design package has been completed by Evoke International Design. This development project is ready to be constructed and has been diligently managed by the well-respected Saint Group of Companies. The development permit has been cleared and the building permit will be available in the summer of 2023. The project is pre-sale ready. This includes marketing, floor plans, renderings, and disclosure statements.
Sale Type:
Asset
Construction:
Wood Frame
Building Type:
Condo Strata Complex, Low Rise (2-4 stories)
Name of Complex/Subdivision:
# Bldgs:
2
# Units:
8
# Other Units:
# of Appartments:
2
# of Studio Appartments:
0
# of Penthouse Appartments:
4
# of Bachelor Appartments:
0
# of 4+ Bedroom Appartments:
0
# of 1 Bedroom Appartments:
0
# of 2 Bedroom Appartments:
2
# of 3 Bedroom Appartments:
6
# Storeys:
4.0
Year built:
2023 (Age: 0)
Total Floor Area:
9,242 sq. ft.
Lot Area:
6,375 sq. ft.
Lot Depth:
127.5
Lot Frontage:
50'
Land Use/Zoning:
RM-4
Permitted Use:
Multifamily (5+)
Taxes:
$12,005.01 / 2022
# Elevators:
0
Services Connected:
Electricity, Fully Serviced, Garbage Collection, Lane Paved, Natural Gas, Paved Streets, Telephone, Sanitary Sewer, Septic System, Sewer - Storm, Sidewalk
Water Supply:
Municipal
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
No
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: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
    Photo 1 of 15
  • Photo 2: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
    Photo 2 of 15
  • Photo 3: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
    Photo 3 of 15
  • Photo 4: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
    Photo 4 of 15
  • Photo 5: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
    Photo 5 of 15
  • Photo 6: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
    Photo 6 of 15
  • Photo 7: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
    Photo 7 of 15
  • Photo 8: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
    Photo 8 of 15
  • Photo 9: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
    Photo 9 of 15
  • Photo 10: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
    Photo 10 of 15
  • Photo 11: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
    Photo 11 of 15
  • Photo 12: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
    Photo 12 of 15
  • Photo 13: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
    Photo 13 of 15
  • Photo 14: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
    Photo 14 of 15
  • Photo 15: 1550 E 3RD Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "EC3" (Vancouver East)  : MLS®# C8051730
    Photo 15 of 15
Listed by Blu Realty
Data was last updated June 10, 2023 at 02:10 PM (UTC)
Bruce Long CCIM, FRI, PREC
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.