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1016 W 12th Avenue
Fairview VW Vancouver V6H 1L3

$4,750,000
Multi-Family Commercial

Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8069412
Build. Type:
Freestanding
EXCELLENT MAINTAINED AND UPGRADE 11 UNIT APARTMENT BUILDING IN THE PRIME FAIRVIEW VW AREA. THIS 3 STORES WALK UP BUILDING IS LOCATED AT W12 AND OAK STREET. NEAR SHOPS, PUBLIC TRASIT, VG HOSPITAL, RESTAURANTS AND FUTURE SKYTRAIN.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Concrete Block, Frame Wood
Name of Complex/Subdivision:
The Daralene
Num Storeys:
3
Building Type:
Freestanding, Low Rise (2-4 storeys), Mul Tenant/MultiPlex (5+)
# Units Total:
11
# of Apartments:
11
# of Bachelor Apartments:
1
# of 1 Bedroom Apartments:
9
# of 2 Bedroom Apartments:
1
Year built:
1958 (Age: 67)
Living Area:
0 sq. ft.
Subject Property Depth:
125'
Subject Property Width:
50'
Subject Space Depth:
125'
Subject Space Width:
50'
Lot Area:
6,098.4 sq. ft.
Zoning:
Potential to Redevelop:
Yes, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Cooling:
Electric
Electricity:
Yes
Services Connected:
Electricity Connected, Fully Serviced, Natural Gas Connected, Phone Connected, Street Lighting, Sidewalk
Sewer:
Public Sewer
Env Assmt Comment:
OIL TANK REMOVED
Parcel Number:
011140437
Taxes:
$14,018.5 / 2024
Balconies, Emergency Lighting, Laundry Facility
No
Security System
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Yes, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by Royal Pacific Realty Corp.
Data was last updated May 23, 2025 at 01:35 PM (UTC)
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