1205 Broadway
US - Vancouver, Americas
1,238 m²
Attributes
Building area net
2,276 m²
Occupancy
78%
Year built
1952
Land area gross
1,287 m²
Asset Description
Unique opportunity to acquire 2 contiguous properties in the heart of Plateau-Mont-Royal at the corner of Papineau Street and Mont-Royal Avenue with phenomenal upside. The sale includes all plans and permits for both properties, which are approved and paid, to densify and add an additional two floors totaling 24 residential units. Ground floor is currently occupied by a gym at under market rents.
...
Investment Highlights
Opportunity to densify and add 24 residential units
All construction plans are approved and building permits are paid
Opportunity to increase commercial revenue: currently under market
Located on Papineau Street and Mont-Royal Avenue, a burgeoning high-demand area for residential dwellings and commercial spaces
Proximity to the Mont-Royal metro (1.2km)
Media
4535-4555 Papineau (0 Properties)
Contact brokers
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
26 Apr 2024