The Lavonne is a 3 storey walk-up building located just East of Oak St in a great Cambie neighborhood. The building has many upgrades over the past few years incl new roof, windows, plumbing, boiler & water tank, new carpets, new suite elec panels, TV cable re-wire, sewer line, replacement & more. The suites are large & bright with newer appliances, upgraded bathrooms, H/W floors & large closets. The building is easy to manage & has not suffered a vacancy for several years. The ample income is well below the CMHC average rents for the area so there is revenue upside - especially from the 7 garage rentals. There are 4 open parking spots. The building sits on 2 - 33' (66' frontage) x 122' RM-3A lots.
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