Rare 8 Suite Licensed Apartment Building in Prime Location, across from City Hall & walking distance to Cambie Street & West Broadway Shops, Transportation, Skytrain, and just minutes to Downtown and Airport. All Self Contained Suites w Gas & Hydro Meters, storage lockers, bike lockers & doorbell, separate manager office. Bldg is in good condition, with approx 5350 SF on 4 levels containing 2 X 2 Bdrm, 4 X 1 Bdrm and 2 Studio Suites. All Units have hard wired smoke detectors, some with vaulted ceilings, views, decks. Gross income/yr currently $133,332 (incl parking & laundry) with expenses approx. $26,000/yr for a Net Income $107,332/yr, Cap Rate 3.7% with upside. This is a great investment, easy to manage, stable quality tenancies in an amazing location. Contact LS for info pkg, viewings & all Details. SF approx, buyer to verify if important. This Showing Wed Feb 27 at 3:00pm gone by 4:00pm IS NOW CANCELLED.
Listed by RE/MAX Real Estate Services
Data was last updated December 7, 2025 at 07:40 AM (UTC)
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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.