4141 OAK STREET
Shaughnessy - Vancouver
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Multi-Family Commercial

For Sale

12000  sqft

MLS® #: C8041338

TRG Commercial Realty Ltd.

Date Listed:  2 weeks ago

Description

Shaughnessy apartment building with a 2.4% cap rate on actual income. The building is in good condition and lot is designated for higher density (6 storey mixed use). Avonlea Apartments is a fully tenanted 12-unit freehold apartment building located along Oak Street in one of Vancouver’s most affluent neighbourhoods. The units are spacious, and each equipped with their own dishwasher. The building sits on a 6,378 square foot lot and has been well maintained over the years. Recent updates include new double paned windows throughout, a high efficiency Mighty-Therm boiler and hot water tanks, double pane windows, and a large laundry room with two sets of coin operated machines. and future development potential as a 3.0 FSR site in the Cambie Corridor OCP. 4141Oak.com

Highlights
Lease Rate
0
Lease Op.Cost
0.00
Lease Sublease
N/A
Lease Term
N/A
Lease Type
N/A
Lease Space
12000

 sqft

Features
List Price
5500000
Property Type
N/A
Transac. Type
For Sale
Days on Market
3
Zoning
RM-3A
Land Size
6378 sqft 0 Acres
Interest in Land
Freehold
Subject Space
12000  sqft
Year Built
0
Complex Name
AVONLEA APARTMENTS
Seller Rights
Parking
N/A
Roof
Torch On
Strata Fee
0.00
Previous Price
0.00
Depth
120
Original Price
5500000
Width
53
Gross Tax
13596.20 (2021)
Amenities
Laundry Facility
Construction
Wood Frame
Major Business Type
N/A
Building Type
Low Rise (2-4 storeys), Mul Tenant/MultiPlex (5+)
Minor Business Type
N/A
Site Services
Cable,Curb; Gutter,Electricity,Fully Serviced,Garbage Collection,Telephone,Sidewalk
Permitted Use
Mixed Use, Multifamily (5+)
Amenities

Legal Description

Location & Neighborhood

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