3755 CAMBIE STREET

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$8,800,000
3755 CAMBIE STREET
Vancouver, British Columbia V5Z2X4
MLS® Number: C8077063
6,211Sq Ft
1945Year Built
Multi-FamilyType

About This Property

Immaculate Multi-Family building situated in the heart of the highly sought-after Cambie Village, part of the Cambie Corridor Plan, one of Vancouver's most desirable and rapidly transforming transit-oriented areas. The Cambie Corridor Plan & Transit-Oriented areas rezoning policy supports increased density up to 12 storeys near transit, enhancing long-term value. Fully renovated, consisting of 12 large one bedroom suites, with in suite laundry, dishwashers, individual brand new storage lockers, bike storage with top of market in place income and stable tenant profile, offering an attractive purchase for investors. (id:64973)

Rose's Thoughts
Rose Marie Manno

The $1,417 per square foot price tag for this multi-family property in Vancouver's desirable Cambie Village is well above the city's current average, suggesting a premium for the fully-renovated units and the potential upside from the Cambie Corridor Plan's rezoning policies. Investors seeking strong rental yields may find this building an attractive option, given the 12 one-bedroom suites and lack of strata fees.

Property Details

Living Area6,211 sq ft
Lot Size6169 (6,169 square feet)
Year Built1945
Property TypeMulti-Family
Annual Taxes$21,500
CityVancouver
Postal CodeV5Z2X4
MLS® #C8077063

Location

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