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Mount View Terrace 677 E 7th Ave

36 Unit Apartment Building $14,545,656 USD ($404,046 USD/Unit) Vancouver, BC V5T 1N9

Executive Summary

Avison Young is pleased to market for sale 677 East 7th Street, Vancouver, BC (the “Property”). The Property is improved with a 42-unit apartment building situated on a 21,155-sf residential development site with significant exposure along East 7th Avenue. Situated in the heart of Vancouver’s Mount Pleasant neighbourhood, the Property is designated as Mount Pleasant North Apartment Area – Area B within the Broadway Plan. This land designation promotes the development of high-rise rental apartment buildings permitting a density of up to 6.50 FSR and height of 20-storeys. For developers seeking to establish themselves in a thriving and sought-after neighbourhood, the Property presents an exceptional opportunity. The surrounding Mount Pleasant area offers a wealth of amenities and recreational activities, further enhancing the desirability of the location.

Property Facts

Price $14,545,656 USD
Price Per Unit $404,046 USD
Sale Type Investment
No. Units 36
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Building Size 31,920 SF
No. Stories 3
Year Built 1977
Parking Ratio 1.13/1,000 SF

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • Controlled Access
  • Tenant Controlled HVAC
  • Recycling
  • Online Services
  • Key Fob Entry
  • Smoke Detector
Walk Score ®
Walker's Paradise (95)
Transit Score ®
Excellent Transit (82)
Bike Score ®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code RM-4
RM-4
  • Listing ID: 33385983

  • Date on Market: 10/2/2024

  • Last Updated:

  • Address: 677 E 7th Ave, Vancouver, BC V5T 1N9

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