DEAL | A 25-year-old strata-titled 10-unit rental property at 1076 West 11th Avenue, Vancouver, sold Nov. 8 for $5.3 million. This fell short of the list price of $5.7 million. The sale price averaged $530,000 per unit, with a cap rate of 3.6 per cent. The two top-floor suites feature unique vaulted ceilings, while a ground floor suite boasts in-floor radiant heating. Zoned RM-3, the site is within steps of the planned Oak-VGH SkyTrain station.
PRICE | $5,300,000
FROM | Mark Goodman and Ian Brackett, Goodman Commercial
