A mixed-use retail and residential building in Vancouver’s Kitsilano area has sold for $8.8 million, above the assessed value of $7.9 million but $1.1 million below its list price, reports Fraser Elliott Group.
Breakdown:
Property type: Mixed-use retail/residential
Location: 2041 West 4th Avenue, Vancouver
Number of units: 3
Zoning: C-2B
Property size: 7,750 square feet
Land size: 5,580 square feet
B.C. Assessment value: $7.9 million
List price: $9.9 million
Sale price: $8.8 million
Date of sale: November 4, 2019
Brokerage: Fraser Elliott Group
Broker: Fraser Elliott
