1625 E 8th Avenue, Vancouver Listing #: R2555378

$1,499,000
3 Beds
2 Baths
1,505 Sqft
2,666 Lot SqFt
1928 Built


Outstanding investment and holding opportunity a stone throw from Broadway and Commercial station. Beautiful 1928 charming home with tremendous investment and development upside. Half a block to Commercial Dr. All the restaurants, amenities, grocery stores within walking distance of this home. Situated right next to a community garden. Grandview Community Plan allows for 3.6FSR 10 storey development. Current RM-4N zoning has a maximum of 1.45FSR. Property backs into the Grandiview Cut. Can be sold together with 1605 E 8th Ave as a share sale held by the same company. Interior pictures taken prior to tenants moving in. $155/SF buildable based on 3.6FSR density. No garage, only street parking, no lane. Fixed term tenancy end Jan 31 2022 (Main) & June 30th 2021 (suite). Total rent $3840/month
Taxes (2020): $5,179.17
Features
  • ClthWsh
  • Dryr
  • Frdg
  • Stve
  • DW
Site Influences
  • Central Location
  • Private Yard
  • Shopping Nearby

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MLS Reciprocity

Listed By: Sutton Group-West Coast Realty

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