FOR SALE EAST PENDER STREET 832 , BC

INVESTMENT HIGHLIGHTS

• Coveted Strathcona Location • 21 residential micro suites FOR SALE • Short walk/ride to Chinatown and Downtown Core • Over $100,000 in Gross Income EAST PENDER STREET 832 E Pender • Large Revenue Upside 832 VANCOUVER, BC

Casey Weeks Morgan Iannone Personal Real Estate Corporation Personal Real Estate Corporation Casey Weeks Executive Vice President Vice President Personal Real Estate Corporation DIR 604 661 0811 DIR 604 662 2654 Executive Vice President MOB 604 318 6892 MOB 604 562 0568 DIR 604 661 0811 [email protected] [email protected] MOB 604 318 6892 [email protected]

Morgan Iannone E Hastings St Personal Real Estate Corporation E Pender Street Vice President DIR 604 662 2654 MOB 604 562 0568 [email protected]

Main St. COLLIERS INTERNATIONAL 200 Granville Street, 19th Floor Vancouver, BC V6C 2R6 604 681 4111 This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations www.collierscanada.com or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2020. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Vancouver). *Personal Real Estate Corporation. Property Facts

Civic Addresses: 832 Pender Street, Vancouver BC

LOT 7, BLOCK 77, PLAN VAP196, DISTRICT LOT 181, NEW Legal Addresses: WESTMINSTER LAND DISTRICT, HAM APARTMENTS

PID 015-574-091

Site Area: 3,050 SF

Opportunity Lot Dimensions 25' X 122' Location Colliers International is pleased to present the opportunity to purchase a 21-unit Apartment Zoning: RT-3 Two-Family Dwelling The property is strategically located in building with over $100,000 in gross income and the potential to increase residential rents. the Strathcona neighbourhood between Hawks and Campbell Avenue. Strathcona OCP: Strathcona - VanMap Property Viewer is the Vancouver’s oldest residential 439 neighborhood, bordered by Chinatown in Improvements the west, Clark Drive to the east, Mount Improvements: 21 Unit Apartment Building 899 Pleasant in the south and Keefer Street in the north. , , False 832 East Pender Street is a 21-unit Single Room Accommodation (SRA) building sitting on a 25’ x Site Plan Creek and are all 122’ lot. The current zoning, RT-3, allows for multi-family capped at two dwellings (duplex). This 25' Gross Taxes (2019): $4,976.12 roughly accesible in 10 minutes by car. makes the current improvements legal non-conforming. The top two floors consist of 17 SRA rooms 501 501 East Vancouver is also experiencing ranging from 80 to 120 SF in size. The 17 rooms share two full bathrooms and one half bathroom 507 507

significant rejuvenation due to its proximity 788 122' plus a shared kitchen. On the ground level, there are four suites that are much larger and each with 502 812 818 818 826 832 838 Assessed Value (2020): $1,506,000 842 846 852 854 884 884 884 884 884 884 525 525 to downtown, affordability, educational 507 507 a private entrance. The two front units each have their own kitchen and share one full bathroom. 826 institutions and amenities. Many prominent One of the back units is equipped with a full bathroom and kitchen. The other back unit has a kitchen developers are choosing to build in the area and half bathroom. as it continues to flourish and experience increased growth as one of Vancouver’s The buildings electronic fire alarm/monitoring system was upgraded in circa 2011 and the building fastest-growing neighbourhoods. is fully sprinklered for fire suppression. 791 531 531 560 813 817 821 827 829 837 843 845 851 857 863 867 873 879 887 887 887 887

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