Price: 4,350,000
No. of Units: 9
Price/Unit: $483,333
Lot Size: 7,000 SFL
Property Type: Multi-family
Zoning: RM3
2016 B.C. Assessment Value: $3,882,000
Date of Sale: 01/12/2017
City: Vancouver
Province: B.C.
Name of Brokerage: HQ Commercial
An apartment complex in Vancouver’s Kerrisdale neighbourhood has sold for $4.35 million this month, The Goodman Report tells Western Investor.
The townhouse-style rental building has nine suites, including four one-bedroom units, four two-bedroom units, and one bachelor suite. The property has a net operating income of $99,749 and an assessed value of $3,882,000. Rents are said to be below marked value, with the average monthly rate for a one-bedroom suite priced at $1,053.
The property is located at 2346 W 43rd Ave., Vancouver.
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