DEAL | Findlay Garden Apartments, a three-storey, 12-unit multi-family asset at 3223 Findlay St. in Vancouver’s Kensington-Cedar Cottage neighbourhood, sold April 27 for $3.4 million. This was short of the list price of $4 million and represented a cap rate of 3.7 per cent. Built in 1913 on a 0.2-acre lot holding R1-1 zoning, the lot is eligible for an eight-storey development at 3.0 FSR due to its location just off Commercial Drive within 800 metres of the Commercial-Broadway SkyTrain station.
PRICE | $3,350,000
FROM | Mark Goodman, Ian Brackett and Megan Johal, Goodman Commercial Inc.
