- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- C8066568
- Build. Type:
- Low Rise (2-4 storeys)
- Photos (6)
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Wow! Prime Investment Opportunity in the Heart of Mount Pleasant. Exceptional mixed-use property located near Main Street and East 16th Avenue. This three-storey building features 10 residential units on the upper levels and one commercial unit on the ground floor, generating a current gross income of over $187,000 per year with significant upside potential from below-market rents. Situated on a 5,426.51 sq. ft. corner lot, zoned C-2 Commercial, and located within 800 metres of the Mount Pleasant Station Transit-Oriented Development Area, this property offers strong holding income and an excellent future redevelopment potential. A solid long-term investment in one of Vancouver’s most sought-after and evolving neighbourhoods!
- Sale Type:
- Asset
- Ownership:
- Freehold
- Property Type:
- Multi-Family Commercial
- Commercial Type:
- Multi Family
- Construction:
- Mixed
- Num Storeys:
- 3
- Building Type:
- Low Rise (2-4 storeys), Mixed Use
- # Units Total:
- 11
- # Other Units:
- 1
- # of Apartments:
- 10
- # of Studio Apartments:
- 4
- # of Penthouse Apartments:
- 0
- # of Bachelor Apartments:
- 0
- # of 4+ Bedroom Apartments:
- 0
- # of 1 Bedroom Apartments:
- 4
- # of 2 Bedroom Apartments:
- 2
- # of 3 Bedroom Apartments:
- 0
- Year built:
- 1987 (Age: 38)
- Living Area:
- 7,000 sq. ft.
- Subject Property Depth:
- 122'½"
- Subject Property Width:
- 43'6⅛"
- Subject Space Width:
- 43'
- Retail Size:
- 1,000 sq. ft.
- Other Size:
- 6,000 sq. ft.
- Lot Area:
- 5,227.2 sq. ft.
- Potential to Redevelop:
- TOA, within 800m of Mount Pleasant Station., No
- Electricity:
- No
- Services Connected:
- Cable Connected
- Sewer:
- Public Sewer, Storm Sewer
- Parcel Number:
- 003624021
- Taxes:
- $16,327.2 / 2024
- No
- Water Supply:
- Public
- Water Rights:
- No
- Potential to Redevelop:
- TOA, within 800m of Mount Pleasant Station., No
- Env Assmt Phase:
- No
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View of property -
View of garage
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Parking garage featuring concrete block wall
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View of parking garage
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View of snow covered property
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Photo 6 of 6
Listed by RE/MAX Real Estate Services and Royal Pacific Realty Corp.
Data was last updated November 14, 2025 at 11:40 AM (UTC)
- PAUL BRAR
- ROYAL PACIFIC REALTY CORP.
- 1 (604) 2198841
- 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.
Paul S. Brar
Personal Real Estate Corp.
Location
100-1200 West 73rd Ave
Vancouver, BC, V6P 6G5