Melody Man
Language: English, Cantonese, Mandarin
- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- C8070751
- Build. Type:
- Low Rise (2-4 storeys)
- Photos (3)
- Schedule / Email
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- Mortgage calculator
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Fully tenanted and professionally managed, this multi-family property generates over $120,000 in annual NOI, plus additional coin laundry income. Just 10 minutes from downtown, it offers stable cash flow, low maintenance, and strong returns in a rapidly growing neighborhood. A rezoning application has been submitted to allow for a 6-storey, 21-unit rental building, with preliminary support from the City. Priced at $2.5M, this is a rare opportunity to secure dependable income today with long-term upside tomorrow. Showings only after accepted offer.
- Sale Type:
- Asset
- Sublease:
- Yes
- Ownership:
- Freehold
- Property Type:
- Multi-Family Commercial
- Commercial Type:
- Multi Family
- Construction:
- Frame Wood
- Num Storeys:
- 2
- Building Type:
- Low Rise (2-4 storeys)
- # Units Total:
- 8
- # Other Units:
- 0
- # of Apartments:
- 8
- # of Studio Apartments:
- 0
- # of Penthouse Apartments:
- 0
- # of Bachelor Apartments:
- 0
- # of 4+ Bedroom Apartments:
- 0
- # of 1 Bedroom Apartments:
- 8
- # of 2 Bedroom Apartments:
- 0
- # of 3 Bedroom Apartments:
- 0
- Year built:
- 1910 (Age: 115)
- Living Area:
- 4,200 sq. ft.
- Subject Property Depth:
- 121'11"
- Subject Property Width:
- 49'6"
- Contiguous Spc:
- 0 sq. ft.
- Minimum Divisible Area:
- 0 sq. ft.
- Lot Area:
- 6,098.4 sq. ft.
- Zoning:
- Signup
- Potential to Redevelop:
- CoV supports the rezoning to CD-1 to permit six story, No
- Fencing:
- Signup
- Parking:
- Guest
- # Of Parking Spaces - Total:
- Signup
- Road Frontage:
- Signup
- Road Surface:
- Paved
- Heating:
- Signup
- Cooling:
- Electric
- Electricity:
- Yes
- Services Connected:
- Electricity Connected, Fully Serviced, Garbage Collection
- Sewer:
- Public Sewer, Storm Sewer
- Parcel Number:
- 011689510
- Taxes:
- $8,256.4 / 2024
- Laundry Facility, Paved Yard
- No
- Yes
- Water Supply:
- Public
- Water Rights:
- No
- Roof:
- Signup
- Potential to Redevelop:
- CoV supports the rezoning to CD-1 to permit six story, No
- Env Assmt Phase:
- No
-
Rear view of house with stucco siding -
Living room with wood finished floors, a chandelier, and recessed lighting
-
Aerial map of property and surrounding area
Listed by SRS Panorama Realty
Data was last updated July 16, 2025 at 01:40 AM (UTC)
- MELODY MAN
- 1NE COLLECTIVE REALTY INC.
- 778.232.2186
- Contact by Email
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), 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 GVR, 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 GVR, the FVREB or the CADREB.
Copyright 2025 by the Greater Vancouver REALTORS®,
Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
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Contact Me
Cell: 778.232.2186
Office: 604.999.8882
melodymanrealtor@gmail.com
Head Office
215 - 8600 Cambie Road
Richmond, BC, V6X 4J9