Vancouver highrise sold for more than $10M above assessed value
The 62-unit building sold for $36,010,000 and has an assessed value of $25,034,000
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A highrise apartment near the Davie Village has sold for $36,010,000, Avison Young Commercial Real Estate reports.
The 11-storey building has 62 units and was built in 1969. The property sold for approximately $580,806 per suite. The site has an assessed value of $25,034,000, more than $10 million less than its sale price.
The property is located at 1170 Harwood St., Vancouver.
No. of Units: 62
Property Type: Multi-family
2017 B.C. Assessment Value: $25,034,000
Name of Brokerage: Avison Young Commercial Real Estate
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