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8715 OSLER Street
Marpole Vancouver V6P 4E8

$11,400,000
Multi-Family Commercial

Main Photo: 8715 OSLER Street in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8018146
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8018146
Build. Type:
Low Rise (2-4 stories)
The Excelsior is prominently located on a large lot on the corner of Osler Street & West 71st Ave. This three story walk-up building features 30 suites; five bachelor, 21 - 1 bedrooms, four 2 bedrooms. Excellent opportunity to acquire a fully tenanted income producing building on the highly sought after West Side of Vancouver. Stable rents with significant upside potential. Suites are separately metered, tenant pays hydro. Owner will consider a VTB. Call today for information memorandum and schedule a viewing.
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories)
# Units:
30
# Storeys:
4.0
Year built:
1964 (Age: 55)
Land Use/Zoning:
RM3-A
Taxes:
$19,728.69 / 2017
HVAC:
Baseboard, Hot Water
Env Assmt Phase:
None
Cap Rate %:
2.0
Other Income:
$0
Effective Gross Income:
$333,180
Gross Income:
$333,180
Oper. Expenses:
$96,746
Net Operating Income:
$236,434
Previous Price:
$11,800,000
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Listing information last updated on October 19, 2018 at 12:05 AM (UTC)
Edward Cheung
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