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I have sold a property at 517 COMMERCIAL DR in Vancouver

I have sold a property at 517 COMMERCIAL DR in Vancouver. See details here

Incredible opportunity to own a house with incredible rental income and potential for a 100% 6-storey rental income on Commercial Drive! Only one block away from Pepino’s Spaghetti House, Caffe La Tana and York Theatre, The Clutch. A culturally rich authentic neighborhood, more commonly known as Little Italy of Vancouver, is known for all the great restaurants, vibrant live music, colourful shopping, and being easily accessible by cars, bikes and transit. This character house consists of 2 rental units – 1 two-bedroom unit on the ground floor and 1 three-bedroom units on the main floor with shared laundry room. Both units are efficiently laid out with large kitchens and a back deck on the main floor unit. This property in located in the Grandview Woodlands Official Community Plan providing the potential to assemble the neighbouring homes immediate to the north of this house for a 6-storey rental building with 120 feet of frontage on Commercial Drive. Assembly potential details on brochure upon request.

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I have listed a new property at 517 COMMERCIAL DR in Vancouver. See details here

Incredible opportunity to become part of a unique development site in the heart of "The Drive", one of Vancouver's most coveted neighbourhoods. Designated under the Grandview Woodlands Official Community Plan with potential to assemble the homes to the immediate North for a higher density use. Development potentials for 6 Storey Condo Building. Excellent holding property with a great steady annual income providing over 4.5% Cap Rate. Five bedroom 1910 Character Home offering 2 separate suites. Centrally located on Commercial Drive, just steps to public transit, Templeton Secondary, Woodland Park, Pepino's, Downlow Chicken, Bosa Foods and The Gourmet Warehouse. Contact listing realtor for Brochure.

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