DEAL | Oxford Estates, a 42-unit multifamily property at 2275 Oxford Street in Vancouver sold Feb. 29 for $12 million. The assessed value is $13.6 million. Built in 1977, the wood-frame building sits on a 21,139-square-foot lot with RM-3A zoning in the Grandview-Woodland neighbourhood. Under the Grandview-Woodland OCP, the site is eligible for redevelopment with a 6-storey/2.40 FSR property. The sale price works out to $286,000 a door and a cap rate of 4.1 per cent.
PRICE | $12,000,000
FROM | Mark Goodman and Ian Brackett, Goodman Commercial Inc.
