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- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- C8066769
- Build. Type:
- Freestanding
- Photos (18)
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Opportunity to acquire a 100% freehold interest in Santa Monica Apartments, located in Vancouver's desirable South Granville neighbourhood. The property consists of a 7,813 SF site and is improved with a well-maintained 13-unit, two-story apartment building circa 1927. The property offers investors stable cash flow with significant revenue upside as tenancies turnover. The current land use designation under the Broadway Plan allows for a maximum 20-storey secured rental building up to 6.5 FSR with a minimum of 99 feet of frontage, offering attractive redevelopment potential.
- Sale Type:
- Asset
- Property Type:
- Commercial Sale
- Commercial Type:
- Multi Family
- Construction:
- Mixed
- Name of Complex/Subdivision:
- Santa Monica
- Num Storeys:
- 2
- Building Type:
- Freestanding, Mul Tenant/MultiPlex (5+)
- # of Apartments:
- 13
- # of Studio Apartments:
- 5
- # of 1 Bedroom Apartments:
- 7
- # of 2 Bedroom Apartments:
- 1
- Year built:
- 1927 (Age: 98)
- Living Area:
- 8,113 sq. ft.
- Subject Property Depth:
- 125'
- Subject Property Width:
- 62'6"
- Title to Land:
- Freehold
- Lot Area:
- 7,840.8 sq. ft.
- Potential to Redevelop:
- As per Broadway Plan Policy Area - Fairview South - Area A, No
- Road Surface:
- Paved
- Electricity:
- Yes
- Services Connected:
- Electricity Connected, Fully Serviced, Natural Gas Connected, Street Lighting, Sidewalk
- Sewer:
- Public Sewer, Sanitary Sewer
- Env Assmt Comment:
- Phase 1, no further investigation recommended.
- Parcel Number:
- 014176599
- Taxes:
- $16,844.7 / 2024
- Laundry Facility
- No
- Security System, Building Security
- 0.75%
- Water Supply:
- Public
- Water Rights:
- No
- Potential to Redevelop:
- As per Broadway Plan Policy Area - Fairview South - Area A, No
- Env Assmt Phase:
- Yes
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Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated April 16, 2025 at 04:10 AM (UTC)
- LUNA YU
- SUTTON GROUP 1ST WEST REALTY
- 1 (778) 8706666
- Contact by Email
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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Luna Yu
Your Fraser Valley Real Estate Expert
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