Greater Vancouver PID Homes

5330 Victoria Drive Vancouver, British Columbia V5P 3V7

5600 sqft

$5,298,000

Wow! An Excellent opportunity to acquire a free-standing commercial building in popular Victoria Drive Neighbourhood in Central Vancouver. Solid 2 storey property with 3 retail/commercial units on ground floor and 4 spacious one bedroom suites on the 2nd floor. Built in 1988, torch-on roof 2005, 50' X 113' lot and C-2 Commercial. The current under-market rents presents a great opportunity for rental upside on the overall income revenue. The Bonus: Future development potential of a 4-storey mixed-use building to a maximum of 2.5 FSR and 14,125sf of buildable density or a 6-storey mixed-use rental development with an even higher buildable density. Please confirm with the City on all development potentials. Approx. Annual Gross Income of $141,524. (id:39665)

Property Details

MLS® Number	C8040643
Property Type	Multi-family

Building

Constructed Date	1988
Fireplace Present	No
Size Interior	5600 Sqft

Land

Acreage	No
Size Irregular	5650
Size Total	5650 Sqft
Size Total Text	5650 Sqft
Zoning Description	C-2

Aerial
Walking Score

https://www.realtor.ca/real-estate/23718344/5330-victoria-drive-vancouver

Interested?

Fred Choy
Personal Real Estate Corporation

(604) 880-3462

RE/MAX Real Estate Services
#110 - 3540 West 41st Avenue
Vancouver, British Columbia V6N 3E6

(604) 263-2823
(604) 263-1057
www.remaxres.ca

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Data Provider
Real Estate Board Of Greater Vancouver

Listing Office
RE/MAX Real Estate Services

Listing Updated
October 12 2021 10:53:04

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