Opportunity to acquire a well-maintained 17-suite rental apartment building prominently located in the prestigious Fairview neighbourhood; situated directly across from Vancouver General Hospital, steps from the vibrant West Broadway Corridor, and just around the corner from the future Millennium Line Broadway Extension Station at Oak Street and West Broadway! The Subject Property is located with the Broadway Corridor Plan Study Area, creating potential redevelopment opportunities in the future. The Property has a number of common areas and storage units on the lower level which may potentially be converted into additional one and two bedroom suites, creating additional rental revenue in the future. Additionally, current rents are well-below market rents, providing significant long-term rental upside and value-add opportunity upon turnover and re-lease of suites at market rents. Competitively priced at $7,650,000 ($450,000/suite), close to $400,000 below the BC Assessment. Please do not disturb tenants.
Land Size Acres
Land Size SF
975 W 10TH AVENUE
This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Emily Carr Elementary
Above Average2.33 km
Eric Hamber Secondary
Above Average4.02 km
Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.
Vancouver Talmud Torah Elementary
Above Average2.61 km
York House School
Above Average3.00 km
Skytrain @ Broadway-City Hall Stn
EB W BROADWAY FS OAK ST
Station Distance 4.93kmStation Elevation 2.5 mTemperatureVery high
975 W 10th Ave, Vancouver, BC - V5Z 1L9 is a commercial listing that currently for sale for $7650000 with 0 sq.ft area. It was built in 1912. It was listed in MLS® under # C8028796 and available for 22 days on Estateblock.com. This listing is located in Fairview VW neighbourhood in Vancouver West.
The freshest crime data for BC municipalities from Statistics Canada are from 2015. There were 49803 crime incidents excluding traffic incidents. The overall crime rate (excluding traffic) is 7566.57. Rate is the amount of incidents per 100,000 population. Comparing to other South West BC cities it has a Above Average rate in 2015.
Drug crime rate is Above Average comparing to other neighbourhoods. The drug crime rate is 411.58. This is the amount of drug crime incidents per 100,000 population. There were 2709 drug crime incidents in this city in 2015.
Property crimes are Above Average in the city. Property crime rate is 5725.94 which is Above Average in comparison to other Lower Mainland and surroundings. There were 37688 in the neighbourhood in 2015.
There were 8007 violent crime incidents in 2015. The violent crime rate per 100,000 population was 1216.5 and it is Above Average rate comparing to other BC municipalities.
The closest Skytrain/Railway station is Skytrain @ Broadway-City Hall Stn on Canada Line Skytrain line in 1.30 km away. The closest Bus station is EB W BROADWAY FS OAK ST in 0.11 km away.
54% of people with university certificate/degree live in Vancouver which is Very high in comparison with the Lower Mainland average. 3% of population in Vancouver have no certificate or degree. This number is compared to the average in Metro Vancouver and Fraser Valley.
Median Household Income near this Commercial MLS® listing in Vancouver is 55219 which is Average in comparison with the Lower Mainland average.
Unemployment rate in the area around Listing # C8028796 is 4.5 which is Average in comparison to the other Lower Mainland neighbourhoods.
The closest daycare without violation is Kids and Company (GDC < 3). And it is in 0.56km away.
The closest weather station is Vancouver - Harbour. It is located 4.93km away. Weather station elevation is 2.5 mm.
Daily average temperature around this station is 11C which is Very high compared to the local average.
Rainfall is about 1476mm yearly which is Average compared to the local averages.
Snowfall is 44mm yearly. This number is Low compared to other local neighbourhoods.
The closest bus station is 0.11 km away.
According to an official flood area map 975 W 10th Ave property for sale is not located inside floodplain area and it is not subject to flooding based on 200 year history . This information is for general informational purposes only. You should not use such information in determining the chances of this house being flooded.
This listing is not very close to Skytrain or Railways so it should not be significant noise from the Skytrain lines or Railways.
This property is not close to any major roads with significant traffic, so it considered to be quite neighbourhood.
This area is not close to any major airports or ports, so this home should not be affected by any noise from them.
It is not close to major high voltage power lines, so it should not have any issues associated with high electromagnetic fields exposure.
It is not close to any cemeteries, both city and church cemeteries.
It is not a part of Agricultural Land Reserve( ALR) according to the official map.
This commercial real estate is located in Fairview VW where population change between 2006 and 2011 was 10.1. This is Average in comparison to average growth rate of this region.
Average Number of Children in Fairview VW is 0.7. This is Average number in comparison to the whole region.
39.9% of population in this area is 65 and over. This percentage is Average in comparison to other BC cities.
Population Density is Very high. 9,332.0 people per sq.km.
21.7% of all population in the area around this real estate using Public Transport and only 29.2% walking and using bicycle.
This commercial real estate is close to Emily Carr Elementary. The property is located 2.33 km from the school. Emily Carr Elementary has a rating of 7/10. It is also close to Eric Hamber Secondary and located 4.02 km from it. Eric Hamber Secondary has a rating of 8/10.
The closest elementary independent school with good rating is Vancouver Talmud Torah Elementary. The School's rating is 10/10 and it is located 2.61 km.
The closest Secondary Private School with good rating is York House School. The School's rating is 10/10. The school is located 3.00 km from it.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.