14 bed
9 bath
8,999 sqft
Other
Built in 1910
7,405 sqft lot
5 parking
Freehold NonStrata
RM-4 zone
Public remarks
A rare multi-family offering presents a superb opportunity for an investor or a developer in this coveted Fairview neighbourhood. Family-owned for over 55 years. Hold as is, or re-develop. Almost 9000 sqft of finished floor space and over 2500 sqft of unfinished attic space offers great potential. Parking also available (5 spaces) on this large 7500 sqft lot. Separate garage structure with work shop and parking. Steps to VGH, parks, shopping and restaurants. Transit easily accessed with the Cambie Line and Broadway Line. School catchment: Emily Carr Elementary, Eric Hamber Secondary and Kitsilano Secondary (French Immersion). Buyer(s) to do their own due diligence on development and re-zoning potential.
Private remarks
Property consists of 5 legal suites – 2 of which are tenanted. Please see ‘Approved Use Letter’ from the CoV in docs. Tenants are month to month and would like to stay. Empty suites need updating. Please do not walk the property. Sold as is where is. Oil tank removed. For room measurements please refer to floor plan in Paragon Docs tab. Probate is in process.
Buyer agency compensation
1.0%
$4,300,000 ($477/sqft)
Active
Listed
11/20/2024
Expiry date
Original price
Gross taxes (2024)
$14,316.20
Property transfer tax
$133,000.00
Last Updated: 11/22/2024 02:08 PM
Courtesy of Engel & Volkers Vancouver
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
875 14th Avenue | R2945861 | 11/22/2024 02:08 PM | 11/20/2024 | Active | $4,300,000 | Login to view | John Dean | Engel & Volkers Vancouver |