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Multifamily

133 East 7th Avenue

133 East 7th Avenue, Vancouver, BC V5T 1M5

Listing Price: $5,990,000

Cap Rate
2.11%
Number of Units
13
Price/Unit
$460,769
Price/Gross SF
$991.89
Gross SF
6,039

Investment Overview

The subject property located at 133 East 7th Avenue is in one of the most highly desired areas of Vancouver. With close proximity to Main Street, and within 250 meters of the upcoming Mount Pleasant Station for the Broadway Subway. The property is nestled within Vancouver’s burgeoning Digital Arts District and within close proximity to Downtown Vancouver, Emily Carr University and the new St. Paul’s Hospital Situated on a 6,039 square foot lot, with low vacancy rates in the area, the property offers stable income with upside on below market rents

Investment Highlights

  • Prime Mount Pleasant location near the junction of Main Street at Kingsway. 250 meters and a three minute walk from the future SkyTrain station at Main & Broadway
  • Existing 13 unit apartment building offers stable income with upside on below market rents
  • Potential to assemble neighbouring office building to the east for an additional 5,621 square feet of land

Exclusively Listed By

Listing Price: $5,990,000

Cap Rate
2.11%
Number of Units
13
Price/Unit
$460,769
Price/Gross SF
$991.89
Gross SF
6,039

Investment Highlights

  • Prime Mount Pleasant location near the junction of Main Street at Kingsway. 250 meters and a three minute walk from the future SkyTrain station at Main & Broadway
  • Existing 13 unit apartment building offers stable income with upside on below market rents
  • Potential to assemble neighbouring office building to the east for an additional 5,621 square feet of land

Investment Overview

The subject property located at 133 East 7th Avenue is in one of the most highly desired areas of Vancouver. With close proximity to Main Street, and within 250 meters of the upcoming Mount Pleasant Station for the Broadway Subway. The property is nestled within Vancouver’s burgeoning Digital Arts District and within close proximity to Downtown Vancouver, Emily Carr University and the new St. Paul’s Hospital Situated on a 6,039 square foot lot, with low vacancy rates in the area, the property offers stable income with upside on below market rents

Exclusively Listed By

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