Here is information on Bob's New Listing at 1858 East 15TH Ave Vancouver, located Steps from Trout Lake in a beautiful Grandview Woodland neighbourhood, on a nice Tree-lined Street. This is a Huge Legal 5 Unit Income Property in excellent Condition, professionally managed with Great Tenants. The 4 Level 4470 SF House was completely ReBuilt from Foundation in 1994, with plans, permits for structure, electrical, plumbing, windows, flooring, & insulation. Building is fully sprinklered, all Suites have 2 entrances, fire blocked, hardwired heat & smoke detectors, separate electrical meters, dishwashers. Suites are clean, bright with updated Kitchens & Baths, nice Decks. Shared Coin Laundry & a large Bike Room.
Gross Income is $9,542/mo, $114,504/yr with Rental Upside, Cap Rate 3.4%. Potential Income is $132,600/yr with Potential Cap Rate 4.1%. Suite mix: 2X1 Bdrm, 2X2 Bdrm & 1X3 Bdrm Licensed Suites. Expenses approx $24,597/yr including property management, Tenants pay own Hydro (heat/light). Corner property 33’X70.2’ RT-8 Lot. Prime area next to Trout Lake, the Community Centre, minutes to Commercial Drive Shops, Restaurants, Skytrain Station & Transit. Vancouver Walk Score 79, Transit Score 85, Bike Score 99. This is a Great Easy Care Investment Property, No Vacancies. Also perfect for Owner Occupiers or Shared Ownership with lots of Mortgage help. Showing by Appointment with 2 Day Notice, must confirm attendance. Call Bob Bracken at 604-220-2035 for Info Pkg, Floor Plan, and Viewing. Asking Price $2,625,000. 1st Showing Sun Oct 29th @ 3:15pm gone by 4:00pm by Appointment Only, must confirm attendance.
Property Type:
Multifamily
Dwelling Type:
Other
Home Style:
3 Storey w/Bsmt.
Year built:
1994
(Age: 29)
Total area:
4,472 sq. ft.415.46 m2
Total Floor Area:
4,472 sq. ft.415.46 m2
Total unfinished area:
0 sq. ft.0 m2
Main Floor Area:
1,219 sq. ft.113.25 m2
Floor Area Above Main:
1,235 sq. ft.114.74 m2
Floor Area Above Main 2:
844 sq. ft.78.41 m2
Floor Area Below Main:
1,174 sq. ft.109.07 m2
Basement Area:
0 sq. ft.0 m2
No. Floor Levels:
4.0
Bedrooms:
9
(Above Grd: 9)
Bathrooms:
5.0
(Full:5/Half:0)
Kitchens:
5
Rooms:
22
Taxes:
$5,709.63 /
2023
Lot Area:
2,316 sq. ft.215.16 m2
Lot Frontage:
33'10.058 m
Lot Depth:
70.2
Outdoor Area:
Balcny(s) Patio(s) Dck(s)
Water Supply:
City/Municipal
Heating:
Electric
Construction:
Frame - Wood
Foundation:
Concrete Perimeter
Basement:
Full
Roof:
Asphalt
Parking:
None
Exterior Finish:
Wood
Title to Land:
Freehold NonStrata
# Bachelor Units:
0
# 1Bdrm Units:
2
# 2Bdrm Units:
2
# 3Bdrm Units:
1
# Other Units:
0
Income as at Date:
Jan 01, 2024
Income Per Annum:
114500.0
Oper. Expenses:
24500.0
LOT A, BLOCK D, PLAN VAP5075, DISTRICT LOT 264A, GROUP 1, NEW WESTMINSTER LAND DISTRICT, OF LOT 48, OF BLK 169
Floor
Type
Size
Other
Main
Living Room
13'7"4.14 m × 12'2"3.71 m
-
Main
Kitchen
13'7"4.14 m × 11'8"3.56 m
-
Main
Bedroom
10'11"3.33 m × 8'4"2.54 m
-
Below
Bedroom
13'7"4.14 m × 12'2"3.71 m
-
Below
Bedroom
11'5"3.48 m × 10'8"3.25 m
-
Main
Living Room
11'4"3.45 m × 10'8"3.25 m
-
Main
Kitchen
10'8"3.25 m × 9'8"2.95 m
-
Main
Bedroom
10'1"3.07 m × 7'2"2.18 m
-
Below
Bedroom
15'8"4.78 m × 9'10"3.00 m
-
Above
Living Room
13'8"4.17 m × 12'1"3.68 m
-
Above
Kitchen
13'8"4.17 m × 11'7"3.53 m
-
Above
Bedroom
10'11"3.33 m × 8'4"2.54 m
-
Above
Living Room
10'8"3.25 m × 8'11"2.72 m
-
Above
Kitchen
10'8"3.25 m × 9'8"2.95 m
-
Above
Bedroom
11'5"3.48 m × 10'8"3.25 m
-
Abv Main 2
Living Room
13'10"4.22 m × 12'2"3.71 m
-
Abv Main 2
Kitchen
10'7"3.23 m × 8'5"2.57 m
-
Abv Main 2
Dining Room
10'7"3.23 m × 5'2"1.57 m
-
Abv Main 2
Bedroom
15'4"4.67 m × 8'7"2.62 m
-
Abv Main 2
Bedroom
9'8"2.95 m × 6'7"2.01 m
-
Below
Laundry
5'6"1.68 m × 5'1.52 m
-
Below
Utility
15'8"4.78 m × 11'1"3.38 m
-
Floor
Ensuite
Pieces
Other
Main
No
4
Main
No
4
Above
No
4
Above
No
4
Abv Main 2
No
4
Property Disclosure:
No
Fixtures Leased:
No
Sprinklers:
Yes
Smoke Detectors:
Yes
Services Connected:
Electricity, Natural Gas, Sanitary Sewer, Storm Sewer, Water
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), 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 REBGV, 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 REBGV, the FVREB or the CADREB.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), 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 REBGV, 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 REBGV, the FVREB or the CADREB.
