2525 BIRCH STREET Active

Vancouver,BC V6H 2T3

$ 9900000

- Bed

- Bath

9845 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,845 sqft

Price per Sqft $1,005

Subdivision Fairview Vw

MLS Listing ID C8064872

Year Built 1989

Annual Tax Amount $23,916

Tax Year 2024

Property Description

Investor Alert! Prime Broadway subway location! Huge re-development potential on the new OCP up to 20 stories with 6.5 FSR! Current mint condition 17-Suite/ 4-stories apartment building situated in the prestigious Fairview Neighbourhood, nearly complete updated in 2013 w/new building envelope & siding, window, sliders, balconies & railings, new roof and was fully re-piped minimizing future capital expenditures. Gross income over $360,000, young professional tenants w/ healthy turnover rate. Located between Granville & VGH stations, 5-min drive to Downtown Vancouver and an excellent cross section of amenities and services along the Granville Retail corridor ensuring the property continues to attract and retain quality tenants and drive rents.

Location

Province BC

Community Fairview Vw

Area Vancouver West

Zoning British Columbia Default Zone

Exterior

Roof Type Torch On

Building

Dwelling Type Multi-Family Commercial

Story 4

Water Municipal

Structure Type Wood Frame,Mixed

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