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727 7th Av E
39 Unit Apartment Building $11,884,669 USD ($304,735 USD/Unit) 2.75% Cap Rate Vancouver, BC V5T 1P3
Investment Highlights
- Panoramic views of the mountains, Burrard Inlet, Downtown skyline, Sahalli Park, and China Creek North Park
- Perched on a quiet north sloping hill overlooking Sahalli Park and China Creek Park.
- Just 550 metres to Great Northern Way-Emily Carr Station and 650 metres to VCC-Clark SkyTrain Station.
Executive Summary
727 East 7th Avenue is situated just blocks from Main Street, one of the most popular shopping and restaurant districts in Vancouver’s Eastside, which consists of Mount Pleasant’s finest collection of unique fashion and outdoor stores, award-winning restaurants, eclectic bars, bistros, and artisan cafes. The abundance of nearby transit options on both Main Street, Fraser Street, Great Northern Way and East Broadway add to the allure of Mount Pleasant. The Broadway SkyTrain extension will further highlight the area for its accessibility and convenience.
Property Facts
| Price | $11,884,669 USD | Apartment Style | Low Rise |
| Price Per Unit | $304,735 USD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.41 AC |
| Cap Rate | 2.75% | Building Size | 30,000 SF |
| No. Units | 39 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1972 |
| Property Subtype | Apartment |
| Price | $11,884,669 USD |
| Price Per Unit | $304,735 USD |
| Sale Type | Investment |
| Cap Rate | 2.75% |
| No. Units | 39 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 30,000 SF |
| No. Stories | 3 |
| Year Built | 1972 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 30 | - | - |
| 2+1 | 9 | - | - |
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Walk Score ®
Walker's Paradise (94)
Transit Score ®
Excellent Transit (82)
Bike Score ®
Very Bikeable (80)
zoning
| Zoning Code | RM-4 (multiple dwelling) |
| RM-4 (multiple dwelling) |
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727 7th Av E
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