Here is information on Bob's New Listing at 1858 East 15TH Ave Vancouver, located Steps from Trout Lake in a beautiful Grandview Woodland neighbourhood, on a nice Tree-lined Street. This is a Huge Legal 5 Unit Income Property in excellent Condition, professionally managed with Great Tenants. The 4 Level 4470 SF House was completely ReBuilt from Foundation in 1994, with plans, permits for structure, electrical, plumbing, windows, flooring, & insulation. Building is fully sprinklered, all Suites have 2 entrances, fire blocked, hardwired heat & smoke detectors, separate electrical meters, dishwashers. Suites are clean, bright with updated Kitchens & Baths, nice Decks. Shared Coin Laundry & a large Bike Room.
Gross Income is $9,542/mo, $114,504/yr with Rental Upside, Cap Rate 3.4%. Potential Income is $132,600/yr with Potential Cap Rate 4.1%. Suite mix: 2X1 Bdrm, 2X2 Bdrm & 1X3 Bdrm Licensed Suites. Expenses approx $24,597/yr including property management, Tenants pay own Hydro (heat/light). Corner property 33’X70.2’ RT-8 Lot. Prime area next to Trout Lake, the Community Centre, minutes to Commercial Drive Shops, Restaurants, Skytrain Station & Transit. Vancouver Walk Score 79, Transit Score 85, Bike Score 99. This is a Great Easy Care Investment Property, No Vacancies. Also perfect for Owner Occupiers or Shared Ownership with lots of Mortgage help. Showing by Appointment with 2 Day Notice, must confirm attendance. Call Bob Bracken at 604-220-2035 for Info Pkg, Floor Plan, and Viewing. Asking Price $2,625,000.
Property Type:
Residential Detached
Dwelling Type:
House/Single Family
Home Style:
3 Storey w/Bsmt.
Year built:
1994
(Age: 29)
Total area:
4,472 sq. ft.415.46 m2
Total Floor Area:
4,472 sq. ft.415.46 m2
Price Per SqFt:
$586.99
Total unfinished area:
0 sq. ft.0 m2
Main Floor Area:
1,219 sq. ft.113.25 m2
Floor Area Above Main:
1,235 sq. ft.114.74 m2
Floor Area Above Main 2:
844 sq. ft.78.41 m2
Floor Area Below Main:
1,174 sq. ft.109.07 m2
Basement Area:
0 sq. ft.0 m2
No. Floor Levels:
4.0
Bedrooms:
9
(Above Grd: 9)
Bathrooms:
5.0
(Full:5/Half:0)
Kitchens:
5
Rooms:
22
Taxes:
$5,709.63 /
2023
Lot Area:
2,316 sq. ft.215.16 m2
Lot Frontage:
33'10.058 m
Lot Depth:
70.2
Outdoor Area:
Balcny(s) Patio(s) Dck(s)
Water Supply:
City/Municipal
Plan:
VAP5075
Heating:
Electric
Construction:
Frame - Wood
Foundation:
Concrete Perimeter
Basement:
Full, Fully Finished, Separate Entry
Roof:
Asphalt
Parking:
None
Exterior Finish:
Wood
Title to Land:
Freehold NonStrata
Floor
Type
Size
Other
Main
Living Room
18'11"5.77 m × 12'2"3.71 m
-
Main
Kitchen
13'7"4.14 m × 11'8"3.56 m
-
Main
Bedroom
10'11"3.33 m × 8'4"2.54 m
-
Below
Bedroom
13'7"4.14 m × 12'2"3.71 m
-
Below
Bedroom
11'5"3.48 m × 10'8"3.25 m
-
Main
Living Room
11'4"3.45 m × 10'8"3.25 m
-
Main
Kitchen
10'8"3.25 m × 9'8"2.95 m
-
Main
Bedroom
10'1"3.07 m × 7'2"2.18 m
-
Below
Bedroom
15'8"4.78 m × 9'10"3.00 m
-
Above
Living Room
13'8"4.17 m × 12'1"3.68 m
-
Above
Kitchen
13'8"4.17 m × 11'7"3.53 m
-
Above
Bedroom
11'1"3.38 m × 8'5"2.57 m
-
Above
Living Room
10'8"3.25 m × 8'11"2.72 m
-
Above
Kitchen
10'8"3.25 m × 10'3"3.12 m
-
Above
Bedroom
11'5"3.48 m × 10'8"3.25 m
-
Abv Main 2
Living Room
13'10"4.22 m × 12'2"3.71 m
-
Abv Main 2
Kitchen
10'7"3.23 m × 8'5"2.57 m
-
Abv Main 2
Dining Room
10'7"3.23 m × 5'1.52 m
-
Abv Main 2
Bedroom
15'4"4.67 m × 8'7"2.62 m
-
Abv Main 2
Bedroom
9'8"2.95 m × 6'7"2.01 m
-
Below
Utility
15'8"4.78 m × 11'1"3.38 m
-
Below
Laundry
5'5"1.65 m × 4'3"1.30 m
-
Floor
Ensuite
Pieces
Other
Main
No
4
Main
No
4
Above
No
4
Above
No
4
Abv Main 2
No
4
Below
-
-
LOT A, BLOCK D, PLAN VAP5075, DISTRICT LOT 264A, GROUP 1, NEW WESTMINSTER LAND DISTRICT, OF LOT 48, OF BLK 169
Property Disclosure:
No
Fixtures Leased:
No
Services Connected:
Electricity, Natural Gas, Sanitary Sewer, Storm Sewer, Water
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