Address
8656 MONTCALM STREET Vancouver, BC
Price
$ 4,100,000
Property Attributes
  • ID#C8037960
  • TypeMulti-Family
  • CityVancouver
  • NeighbourhoodMarpole
  • Postal CodeV6P 4P8
  • Style
  • Price$ 4,100,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,000 SqFt
Listing Provided Courtesy Of:
Julian Ward with Magsen Realty Inc.
Data Source:
RLP - CREA EN
Property Description

The Grove is a super clean maintenance free 3 storey wood frame building with 11 suites (7 one beds, 3 two beds and 1 bachelor). The property has undergone substantial renovations both exterior and interior. The roof has been replaced with a 3 ply torched on membrane and the exterior fully painted. The building boasts a high efficiency IBC heating systems to reduce utility bills, the common area has new carpet and paint and the lobby has environmentally friendly bamboo hardwood flooring. The building owns its own coin laundry appliances. All suites have been improved with new paint and refinished hardwood floors and new bathrooms. Two of the larger suites have recently had brand new condo quality kitchens installed. Zero vacancy, low occupant load, quiet working professional tenants. Very well cared for building that needs little management. 3%+ Cap rate. (id:27)

Exterior Features

Lot Size 6000
Jumpid 14926415

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in V6P 4P8

Price
AVG $4.1M
$4.1M
Visits
AVG 10
17
Walkscore
AVG 80
80
Data Provided by Walkscore ® not using MLS data