20,000 ft²Multifamily$1,800,000Sale
20,000 ft²
Multifamily
$1,800,000
Sale
Download Brochures
FOR SALE - 20% (1/5) Fractional Interest in a 30 suite apartment block located in the West End at the Listing Price of $1,800,000 which includes 20% share of the existing mortgage. Building: 3 storey concrete building built in 1954, with lower level parkade. Suite Details: 15 - 1 Bedroom and 15 - Bachelor Units. Land: 8,646 square feet, with 61 feet fronting Barclay Street and 131 feet fronting Gilford Street. Assessments: 2021 @ $9,592,000 based on 100%. Income & Expense: The annual gross income is $423,400 and annual estimated expenses are $142,730, with a net of $280,665 at 100%. For further details, enquire with Listing Broker.
The Space
Asking Price$1,800,000
Available Space20,000 ft²
Net Operating Income$280,665
Property UseInvestment property
SourceDirect
The Building - The Park Seville
Park Seville is located in the West End, at the Northeast corner of Barclay & Gilford Streets, 1 block West of Denman Street, 3 blocks to Stanley Park and 3 blocks to English Bay. Laneway access to parkade.
Property TypeMultifamily
Floors3
Building Size20,000 ft²
BMO Credit Line for Business
Borrow what you need, when you need it, up to $120,000.*
