Nava Manshadi PREC*

Personal Real Estate Corporation

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2280 MCGILL Street
Hastings Vancouver V5L 3G1

$6,980,000
Multi-Family Commercial

Main Photo: 2280 MCGILL Street in Vancouver: Hastings Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8057090
Photo 1: 2280 MCGILL Street in Vancouver: Hastings Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8057090
Photo 2: 2280 MCGILL Street in Vancouver: Hastings Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8057090
Photo 3: 2280 MCGILL Street in Vancouver: Hastings Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8057090
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8057090
Build. Type:
Low Rise (2-4 stories)
Constructed in 1966, the property is a well-maintained three-storey apartment building situated on McGill Street in the Cedar Cove area of Grandview Woodlands. The building is situated on a 12,006 SF lot with a surface-level parking area at the rear. The property is designated for a 6-storey apartment at a density of up to 2.40 FSR within the Grandview-Woodland Community Plan offering long-term redevelopment potential. The building has a suite mix of 16 one-bedrooms, 3 two-bedrooms, and one bachelor suite most of which are equipped with a balcony or patio. Each suite is separately metered for hydro, paid by the tenants. The heating is supplied via hot water baseboard radiators with a new IBC high-efficiency boiler and hot water tank recently upgraded.
Sale Type:
Asset
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories)
Name of Complex/Subdivision:
# Other Units:
# of Appartments:
20
# of Bachelor Appartments:
1
# of 1 Bedroom Appartments:
16
# of 2 Bedroom Appartments:
3
Total Floor Area:
12,006 sq. ft.
Lot Area:
12,006 sq. ft.
Lot Depth:
122
Lot Frontage:
99'
Land Use/Zoning:
RM-3A
Taxes:
$16,290.2 / 2023
Roof:
Potential to Redevelop:
Yes
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 2280 MCGILL Street in Vancouver: Hastings Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8057090
    Photo 1 of 3
  • Photo 2: 2280 MCGILL Street in Vancouver: Hastings Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8057090
    Photo 2 of 3
  • Photo 3: 2280 MCGILL Street in Vancouver: Hastings Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8057090
    Photo 3 of 3
Listed by NAI Commercial
Data was last updated May 20, 2024 at 02:10 PM (UTC)
NAVA MANSHADI
Nava Manshadi PREC*
Cell: +1 604-926-NAVA (6282)
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