DEAL | Rebuilt from foundation in 2005, this five-unit multi-family property at 749 East 16th Avenue, Vancouver, sold Jan. 15 for $1.8 million or $360,000 per suite. This was above the asking price of nearly $1.75 million and represented a cap rate of 5.4 per cent. Zoned RT-5 and located adjacent to the adjacent to the Kingsway-Fraser nexus, the property enjoys great access by transit to downtown Vancouver and local hospitals.
PRICE | $1,801,000
FROM | Shaun Carson, eXp Realty