8860 MONTCALM STREET, Vancouver West

COMM For Sale in Marpole, Vancouver West

$9,240,000

24-suite


Our team is pleased to present for sale, the “Crystal Court Apartments”, a 3-Storey plus Penthouse, 24 suite rental apartment building located in the heart of Vancouver’s affluent Marpole neighborhood. The property has fantastic curb appeal along a tree-lined street situated only a few blocks off the South Granville Retail Commercial Corridor. Within close proximity are major bus routes and the new rapid transit “Marine Drive Station” that provides easy access to the rest of Metro Vancouver. The Crystal Court Apartments is in overall good state of repair and is unique in that many of the elements have been retained throughout the building to maintain the charm and architectural appeal of this classic Marpole Apartment Building! The rents are currently approximately 30-40% below market which provides apartment investors & repositioners alike a tremendous opportunity to turn over units and significantly increase yield. Marpole is one of the faster growing communities in the city

Address 8860 MONTCALM STREET, Vancouver West
List Price 9,240,000
Type of Dwelling COMM
Area Vancouver West
Sub-Area Marpole
Bedrooms 24
Lot Size 14000 Sq. Ft.
Year Built 1964
Maint. Fee 0.00
MLS® Number C8019446
Listing Brokerage CBRE Limited
Postal Code V6P 4R3
Zoning RM-3A
Tax Amount $17,220.73
Tax Year 2017

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Daniel Yu Personal Real Estate Corporation

RE/MAX Real Estate Services

N410 650 West 41st Avenue Vancouver BC V5Z 2M9

Mobile: 604-671-0700

Office: 604-263-2823

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