35 E 16th Ave | Vancouver, BC V5T 2T2
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- LoopNet Team
35 E 16th Ave
Vancouver, BC V5T 2T2
Wagon Wheel Place · Build-to-Rent Property For Sale
·
24 Units
INVESTMENT HIGHLIGHTS
- Conveniently situated adjacent to the bike lane in Mount Pleasant, just off Main Street.
- Mount Pleasant boasts a vacancy rate of near 0% and faces a pronounced scarcity of rental units amid robust demand.
- The building has been impeccably maintained, featuring recently upgraded windows and modernized suites upon tenant turnover.
- With 99 feet of frontage, the property offers the potential to develop within the Broadway Plan of up to 20 storeys at a price of $112/buildable.
PROPERTY FACTS
| No. Units | 24 | Total Plot Size | 0.28 ac |
| Property Type | Build-to-Rent | Property Size | 14,208 sq ft |
| Property Subtype | Apartment | No. Floors | 3 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Costar Property Class | C | Parking Allocation | 0.6/1,000 sq ft |
| Use Class | RM-4N - Residential | ||
| No. Units | 24 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.28 ac |
| Property Size | 14,208 sq ft |
| No. Floors | 3 |
| Year Built | 1965 |
| Parking Allocation | 0.6/1,000 sq ft |
| Use Class | RM-4N - Residential |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Oven
- Range
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| Studios | 24 | - | - |
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