Rental Apartment

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1546 W 12TH Avenue
Fairview VW Vancouver V6J 2E1

$5,890,000
Land Commercial, Multi-Family Commercial

Main Photo: 1546 W 12TH Avenue in Vancouver: Fairview VW Land Commercial for sale in "Santa Monica" (Vancouver West)  : MLS®# C8066769
Photo 1: 1546 W 12TH Avenue in Vancouver: Fairview VW Land Commercial for sale in "Santa Monica" (Vancouver West)  : MLS®# C8066769
Photo 2: 1546 W 12TH Avenue in Vancouver: Fairview VW Land Commercial for sale in "Santa Monica" (Vancouver West)  : MLS®# C8066769
Photo 3: 1546 W 12TH Avenue in Vancouver: Fairview VW Land Commercial for sale in "Santa Monica" (Vancouver West)  : MLS®# C8066769
Photo 4: 1546 W 12TH Avenue in Vancouver: Fairview VW Land Commercial for sale in "Santa Monica" (Vancouver West)  : MLS®# C8066769
Photo 5: 1546 W 12TH Avenue in Vancouver: Fairview VW Land Commercial for sale in "Santa Monica" (Vancouver West)  : MLS®# C8066769
Photo 6: 1546 W 12TH Avenue in Vancouver: Fairview VW Land Commercial for sale in "Santa Monica" (Vancouver West)  : MLS®# C8066769
Photo 7: 1546 W 12TH Avenue in Vancouver: Fairview VW Land Commercial for sale in "Santa Monica" (Vancouver West)  : MLS®# C8066769
Photo 8: 1546 W 12TH Avenue in Vancouver: Fairview VW Land Commercial for sale in "Santa Monica" (Vancouver West)  : MLS®# C8066769
Photo 9: 1546 W 12TH Avenue in Vancouver: Fairview VW Land Commercial for sale in "Santa Monica" (Vancouver West)  : MLS®# C8066769
Photo 10: 1546 W 12TH Avenue in Vancouver: Fairview VW Land Commercial for sale in "Santa Monica" (Vancouver West)  : MLS®# C8066769
Photo 11: 1546 W 12TH Avenue in Vancouver: Fairview VW Land Commercial for sale in "Santa Monica" (Vancouver West)  : MLS®# C8066769
Photo 12: 1546 W 12TH Avenue in Vancouver: Fairview VW Land Commercial for sale in "Santa Monica" (Vancouver West)  : MLS®# C8066769
Photo 13: 1546 W 12TH Avenue in Vancouver: Fairview VW Land Commercial for sale in "Santa Monica" (Vancouver West)  : MLS®# C8066769
Photo 14: 1546 W 12TH Avenue in Vancouver: Fairview VW Land Commercial for sale in "Santa Monica" (Vancouver West)  : MLS®# C8066769
Photo 15: 1546 W 12TH Avenue in Vancouver: Fairview VW Land Commercial for sale in "Santa Monica" (Vancouver West)  : MLS®# C8066769
Photo 16: 1546 W 12TH Avenue in Vancouver: Fairview VW Land Commercial for sale in "Santa Monica" (Vancouver West)  : MLS®# C8066769
Photo 17: 1546 W 12TH Avenue in Vancouver: Fairview VW Land Commercial for sale in "Santa Monica" (Vancouver West)  : MLS®# C8066769
Photo 18: 1546 W 12TH Avenue in Vancouver: Fairview VW Land Commercial for sale in "Santa Monica" (Vancouver West)  : MLS®# C8066769
Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8066769
Build. Type:
Freestanding
Opportunity to acquire a 100% freehold interest in Santa Monica Apartments, located in Vancouver's desirable South Granville neighbourhood. The property consists of a 7,813 SF site and is improved with a well-maintained 13-unit, two-story apartment building circa 1927. The property offers investors stable cash flow with significant revenue upside as tenancies turnover. The current land use designation under the Broadway Plan allows for a maximum 20-storey secured rental building up to 6.5 FSR with a minimum of 99 feet of frontage, offering attractive redevelopment potential.
Sale Type:
Asset
Construction:
Mixed
Building Type:
Freestanding, Multiple Tenant/Multi-Plex (5+)
Name of Complex/Subdivision:
# Other Units:
# of Apartments:
13
# of Studio Apartments:
5
# of 1 Bedroom Apartments:
7
# of 2 Bedroom Apartments:
1
# Storeys:
2.0
Year built:
1927 (Age: 98)
Total Floor Area:
8,113 sq. ft.
Lot Area:
7,812.5 sq. ft.
Lot Depth:
125
Lot Frontage:
62'6"
Land Use/Zoning:
RM-3
Permitted Use:
Residential
Taxes:
$16,844.7 / 2024
Alarm System, Laundry Facility, Secured Building
Services Connected:
Electricity, Fully Serviced, Lane, Lane Paved, Natural Gas, Paved Streets, Sanitary Sewer, Street Lighting, Sidewalk
Water Supply:
Municipal
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
Yes
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 1546 W 12TH Avenue in Vancouver: Fairview VW Land Commercial for sale in "Santa Monica" (Vancouver West)  : MLS®# C8066769
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  • Photo 14: 1546 W 12TH Avenue in Vancouver: Fairview VW Land Commercial for sale in "Santa Monica" (Vancouver West)  : MLS®# C8066769
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  • Photo 18: 1546 W 12TH Avenue in Vancouver: Fairview VW Land Commercial for sale in "Santa Monica" (Vancouver West)  : MLS®# C8066769
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Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated February 22, 2025 at 08:10 AM (UTC)
CHARLES ZHOU PERSONAL REAL ESTATE CORPORATION
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