Address
5330 VICTORIA DRIVE Vancouver, BC
Price
$ 5,298,000
Property Attributes
  • ID#C8040643
  • TypeMulti-Family
  • CityVancouver
  • Postal CodeV5P 3V7
  • Style
  • Price$ 5,298,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5600
  • Lot Size5,650 SqFt
Listing Provided Courtesy Of:
RE/MAX Real Estate Services
Data Source:
Canadian Real Estate Association
Property Description

Wow! An Excellent opportunity to acquire a free-standing commercial building in popular Victoria Drive Neighbourhood in Central Vancouver. Solid 2 storey property with 3 retail/commercial units on ground floor and 4 spacious one bedroom suites on the 2nd floor. Built in 1988, torch-on roof 2005, 50' X 113' lot and C-2 Commercial. The current under-market rents presents a great opportunity for rental upside on the overall income revenue. The Bonus: Future development potential of a 4-storey mixed-use building to a maximum of 2.5 FSR and 14,125sf of buildable density or a 6-storey mixed-use rental development with an even higher buildable density. Please confirm with the City on all development potentials. Approx. Annual Gross Income of $141,524. (id:7434)

General Features

More Information Link https://www.realtor.ca/real-estate/23718344/5330-victoria-drive-vancouver
Property Type Multi-family
Zoning Description C-2

Interior Features

Building Fireplace Present False

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in V5P 3V7

Price
AVG $5.3M
$5.3M
Visits
AVG 10
9
Year Built
AVG 1988
1988