2043 Stainsbury Avenue
2043 Stainsbury Avenue
- 2043 Stainsbury Avenue
- 2043 Stainsbury Avenue
- Zoning
- RS-1
- PID
- 014-138-336
- Gross income multiplier
- $6,288.90
- Legal description
- LOT 9, BLOCK 6, PLAN VAP1976, DIS- TRICT LOT 195, NEW WESTMINSTER LAND DISTRICT, AMD, (EXP PL 8090), TO BLK 8.
To acquire an 8-unit apartment building centrally located in Vancouver’s Grandview neighbourhood. The property offers a significant upside in rents, along with the potential for future redevelopment if a purchaser were to assemble two vacant neighbouring properties owned by the City of Vancouver.
Built in 1910, this wood-frame apartment complex comprises eight 1-bedroom residential rental units.
The subject property is located along Stainsbury Avenue, just east of Victoria Drive. Desirable Trout Lake and John Henry Park are a short walk from the property, as well as the Trout Lake Community Centre. The property is also within a short walk of the Nanaimo Skytrain Station, providing easy access to Downtown Vancouver and Vancouver International Airport.