Good Value
Deal Score out of 10
Priced competitively with some negotiation potential.
Subject: $4,250,000 · $945/sqft
$4,250,000
Listed by: Royal Regal Realty Ltd. · MLS®
BC tenancy law requires proper notice periods. Confirm tenant status and end-of-tenancy timelines with your agent.
Located within Cambie Corridor Phase 3, the property permits mixed-use development with up to 3.25 FSR and 8 storeys, or up to 4.0 FSR and 12 storeys in the Transit-Oriented Area (TOA). The property is being sold by serious sellers and is currently tenanted, generating $7,038 in monthly strong cash flow. Surrounded by developments such as Oakridge Park, Cambie Gardens, and Mayfair. A good chance to development or hold for the future..
MLS #
R3058457
Status
Active
Type
Residential
Sub-type
Single Family Residence
Ownership
Freehold NonStrata
Zoning
RT-2
Bedrooms
9
Full Baths
3
Half Baths
2
Kitchens
1
Living Area
4,496 sqft
Main Floor
2,366 sqft
Basement
2,130 sqft fin.
Lot Size
9,760.6 sqft
Lot Dimensions
148.45 x 65.75
Frontage
148.45
Year Built
1951
Age
75 years
Roof
Asphalt
Construction
Concrete, Other (Exterior)
Structure
Residential Detached
Parking Type
Detached, Open
Taxes
$25,040.9/yr
MLS Area
Oakridge VW
City
Vancouver
Postal Code
V5Y 2X6
Heating
Other
Exterior Features
No Outdoor Area
Water Source
Public
Sewer
Public Sewer, Sanitary Sewer, Storm Sewer
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
Property Disclosure
No
Coordinates: 49.228629, -123.115640 · Map data © Google
MLS® R3088559 · Listed by TRG The Residential Group Downtown Realty
Suggested Offer
$4,015,685
5.5% below list price
Negotiation Range
$3,909,435 – $4,079,435
$170,000 spread
Based on 108 recent sales, a starting offer around $4,015,685 (5.5% below list price) is reasonable. Your negotiation range is $3,909,435 – $4,079,435.
What's factored in
Based on 108 residential sales in Vancouver (last 60 days) · Updated Jun 19
Source: City of Vancouver Open Data
No permits found for this address in the open data registry.
