604-691-6603
2223 Prince Edward St, Vancouver, BC for Sale
Apartments - FOR SALE
1/5
null | Request Cap Rate

2223 Prince Edward St
Vancouver, BC V5T 4K6


HIGHLIGHTS

  • Corner Site Location
  • Strata Windup Opportunity
  • 5 minutes' walking distance of two future stations of The Broadway Millennium Line
  • Excellently maintained to a higher degree, with the potential of holding income

OVERVIEW

FOR SALE | 7,916 SF | Strata Windup of 12 Strata Units NAI is proud to present 2223 Prince Edward St, a development opportunity within 5 minutes' walking distance of two future stations of The Broadway Millennium Line. The property currently contains 12 Strata Units, excellently maintained to a higher degree, with the potential of holding income. The Development Site has the potential to yield up to 6.0 FSR for condo development, with a minimum of 20% of net residential floor area delivered as turnkey social housing units. Or, it can be developed as Secured Market Rental, at 6.5 FSR, with a minimum of 20% net residential floor area secured at below-market rents. The neighbouring property for sale adds the full potential, with the possibility of two towers of 20 storeys each, to bring a total developable square footage of 169,208 SF.

FOR SALE DETAILS

PRICE

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# OF UNITS

12

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1975

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,916 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Keaton ManjosNAI Commercial VancouverMore Info
604-691-6603

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Keaton ManjosNAI Commercial VancouverMore Info
604-691-6603

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