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East Vancouver 8-unit old timer rental nets $2 million sale

The 113-year old boutique apartment building is a block off East Hastings on a 6,039-square-foot lot in the trending East Village. OCP designation provides development potential.
2026-franklin-vancouver
CBRE National Apartment-B.C., Vancouver, for Western Investor

Type of property: Multi-family rental

Location: 2026 Franklin Street, Vancouver.

Number of units: 8

Size of lot: 6,039 square feet

Year built: 1910

Zoning: RM-3A

Sale price: $2.05 million

Date of Sale: October 16, 2023

Brokerage: CBRE National Apartment-B.C., Vancouver,

Brokers: Greg Ambrose and Lance Coulson