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TRG - The Residential Group Realty
604-629-6100
admin@trgrealty.ca
#101- 1965 West 4th Avenue
Vancouver, BC
- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- C8054363
- Build. Type:
- Low Rise (2-4 stories)
- Photos (3)
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A rare find development site in central Langley. Close proximity to Surry-Langley Skytrain Extension. OCP allows FSR up to 2.1, up to 6 story, holding income available. The next door development of 6-story condo building almost done. Currently has 7 units of townhouse fully tenanted. Desirable location that close all accesses such as restaurants, bars, groceries, transit, park, playground, professional services and University. This area is proved to be a promising investment for investors. Don't miss.
- Sale Type:
- Asset
- Lease Type:
- Net
- Sublease:
- No
- Construction:
- Concrete Block, Wood Frame
- Building Type:
- Low Rise (2-4 stories), Residential Mix, Multiple Tenant/Multi-Plex (5+)
- # Bldgs:
- 1
- # Units:
- 0
- # Other Units:
- 0
- # of Appartments:
- 7
- # of Studio Appartments:
- 0
- # of Penthouse Appartments:
- 0
- # of Bachelor Appartments:
- 0
- # of 4+ Bedroom Appartments:
- 0
- # of 1 Bedroom Appartments:
- 0
- # of 2 Bedroom Appartments:
- 0
- # of 3 Bedroom Appartments:
- 7
- # Storeys:
- 2.0
- Year built:
- 1970 (Age: 53)
- Total Floor Area:
- 11,900 sq. ft.
- Lot Area:
- 20,037 sq. ft.
- Lot Depth:
- 201
- Lot Frontage:
- 100'
- Land Use/Zoning:
- RM-1
- Permitted Use:
- Multifamily (5+)
- Taxes:
- $13,227.56 / 2023
- Visitor Parking, Fenced Yard
- Services Connected:
- Electricity, Natural Gas, Sanitary Sewer, Sewer - Storm
- Water Supply:
- Municipal
- HVAC:
- Baseboard, Electric, Separate Controls
- Sewer Septic:
- Municipal/Community
- Potential to Redevelop:
- Yes
- Env Assmt Phase:
- No
- Cap Rate %:
- 2.55
- Other Income:
- $0
- Effective Gross Income:
- $150,000
- Gross Income:
- $150,000
- Oper. Expenses:
- $120,000
- Net Operating Income:
- $0
- Original Price:
- $5,888,000
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Photo 2 of 3
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Photo 3 of 3
Listed by Magsen Realty Inc.
and TRG The Residential Group Downtown Realty
Data was last updated October 1, 2023 at 04:05 PM (UTC)
- Jenny Xu PREC*
- Magsen Realty Inc.
- 778-869-0656
- Contact by Email
- Vandad Saniee
- TRG-The Residential Group Downtown Realty
- 604-250-4395
- Contact by Email
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Copyright 2023 by the Real Estate Board of Greater Vancouver,
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), 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 REBGV, 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 REBGV, the FVREB or the CADREB.