FOR SALE 8686 Oak Street Vancouver, BC

Home , Downtown Vancouver, Marpole, Oak Street (Vancouver)

8-Unit Apartment Building in the Heart of Marpole

Yang Yang 杨阳 Personal Real Estate Corporation 604.418.8246 Yang.Yang @macdonaldcommercial.com THE OFFERING Macdonald Commercial R.E.S Ltd. is pleased to present the opportunity to purchase an 8-unit rental apartment building in the heart of Marpole area, Vancouver.

Contact listing agent for more opportunities.

ADDRESS 8686 Oak Street, Vancouver, BC V6P 4B3

PID 014-010-526

LEGAL DESCRIPTION LOT 9, BLOCK 1, PLAN VAP2167, DISTRICT LOT 319, GROUP 1, NEW WESTMINSTER LAND DIS- TRICT, EXC W 7 FT & PT ON PL LMP26171, OF LOTS 6 & 7, TO BLK 6 & 12 OF C

ZONING RM-3A

LAND 5,748 sq.ft.

BUILDING 3 Storey wood frame rental apartment, walk up, 7578 sq.ft. Location PARKING The subject property is sitting on the north bound of Oak Street, mid- block between W 70th and 71st Ave, there is just one corner lot between 6 open paved stalls at rear lane this property and Eburne Park, right across W 71st Ave. with convenient shopping, parks, and transportation in close proximity and notable schools such as Churchill Secondary School , It is within 20 minutes of downtown

Although this information has been received Vancouver and less than 15 minutes of downtown Richmond, 8 minutes of from sources deemed reliable, we assume no YVR. The commercial-rich stretch of Granville to the west and the Canada responsibility for its accuracy, and without offering advice, make this submission subject to prior sale Line Station and commercial amenities of Marine Gateway to the east are or lease, change in price or terms and withdrawal without notice. also close by. 8-Unit Apartment Building in the Heart of Marpole 8686 Oak Street, Vancouver, BC

Highlighted Features • Highly Sought after area, in the heart of Marpole • Fully occupied • Large unit • All kinds of amenities within a short distance • Surrounded by lots of new projects and land assembly

Improvements The property is carefully maintained by owner with upgrades including: • Roof (torched on, 2010) • Heating and boiler (2018) • Hot water tank (2020) • Window (double glazed) • Painting, from time to time Subject Property

The suite breakdown as follows:

5 x 1-bedrooms 3 x 2-bedrooms

Financials • Property Tax (2019): $6,384.97 • NOI (2019): $81,635.00 OCP: Marpole-Oak

Apartments (up to 6 storeys)

Asking Price $3,600,000

Yang Yang 杨阳 Personal Real Estate Corporation 604.418.8246 Yang.Yang @macdonaldcommercial.com 3

AMENITIES

4 1 Marine Getaway/Skytrain Station

2 Eburne Park Cambie Street 3 Oak Street Oak Churchhill Secondary School

1 Subject 4 Oak Park 5 Property 6 5 Safeway

2 6 Canadian Tire/Marshalls

Canada Line Skytrain

Drive Time

8mins to YVR 15mins to Richmond

20mins to Downtown Vancouver

DocuSign Envelope ID: 1901957D-000A-45B3-AD16-6DDA01AB5F1C4673D5C4-C69C-45A1-93E0-5787297EED5E

1 1

Projects Nearby 22

1• Six-storey multiple dwelling building providing 47 dwelling

units 33

2• Six-storey residential building, 40 market units, FSR 2.50, height of 65 ft.,Large unit

4 3• Six-storey residential building, 36 secured market rental units, Subject SubjectProperty building height 69 ft., FSR 2.50 Property

4• Two Six-storey residential buildings, 91 secured market rental units, FSR 2.50, building height 60 ft.

5• 76 Dwelling Units

Yang Yang 杨阳 Personal Real Estate Corporation 604.418.8246 Yang.Yang Although this information has been received from sources deemed reliable, we assume no responsibility for its accuracy, and without offering advice, make this submission subject to @macdonaldcommercial.com prior sale or lease, change in price or terms and withdrawal without notice.