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ActiveSingle Family

$5,750,000

1130 GRANVILLE STREET

Vancouver, British Columbia, V6Z1L8

Estimated$24,128/mo.Check Eligibility
6Beds
12Baths
10,426Sq Ft
3,000Lot Sq Ft
1910Built

About This Property

Presenting 1130 Granville, centrally located in Vancouver's bustling Downtown Entertainment District. This property spans roughly 12,000 sft of mixed-use space, combining the charm of vintage aesthetics with modern potential. It features original handmade brick walls, hardwood floors, and high ceilings ranging from 12 to 16 feet, perfect for a variety of business ventures. The building houses 2 commercial spaces and 6 residential units (4 2-bed and 2 1-bed apartments). With significant changes on the horizon for Granville Street and developments like 717 Davie spotlighting this area, 1130 Granville stands as a focal point for renewed tourism and business interest. The main level is currently leased while the basement is not, and the landlord has intentionally kept most residential units no rented to allow a smoother turnover for prospective buyers. With the price now adjusted to $5.75 million and a minimum projected cap rate of 7% at full occupancy, this is a compelling investment opportunity. SOLD AS IS. (id:64938)

Quick Info

MLS#

R2878823

Days on Market

684

Listed On

May 3, 2024

Aman Nanda

Aman Nanda

Personal Real Estate Corporation

Call Now
Price$5,750,000
Price / Sq Ft$552
MLS#R2878823
StatusActive
Days on Market684
Annual Tax (2023)$30,377

Property Details

Architecture

Property TypeSingle Family
Year Built1910
BasementSeparate entrance,Unknown,Unknown
Common InterestFreehold

Property Features

Living Area10,426 sq ft
Lot Size3,000 sq ft
Lot Dimensions3000
Bedrooms6 total
Bathrooms12 full

Tax / Financial

Annual Tax$30,377 (2023)

Location

Mortgage Calculator

5-Year Fixed
%
%
Loan $4,600,000
Down $1,150,000
$24,128Principal & Interest
·
$2,531Tax

Your monthly payment

$26,660

Incl. tax & strata

Aman Nanda

Aman Nanda

DLC AIMI Collective Mortgage Group

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1130 GRANVILLE STREET

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