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Shaughnessy 11-unit rental building sells for $5.25 million

Located in Vancouver’s upscale Shaughnessy neighbourhood, the older multi-family property is on an 0.18-acre lot.
Macdonald Commercial, Vancouver, for Western Investor
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Macdonald Commercial, Vancouver, for Western Investor

Property type: Multi-family rental

Location: 3623 Oak Street, Vancouver

Number of units: 11

Size of property: 8,421 square feet

Size of land: 7,920 square feet

Land size in acres: 0.18 acres

Zoning: RM3A

List price: $5.88 million

Sale price: $5.25 million

Date of sale: April 8, 2022

Brokerage: Macdonald Commercial, Vancouver

Broker: Sam Emam.