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  2. 8732 Granville Street - MLS® #R3047703
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8732 Granville Street - MLS® # R3047703

$3,180,000

   
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Property Details


Living Area
7,200 sqft.
Bedrooms
N/A
Bathrooms
N/A
Lot Size Area
4940.0 sqft
Taxes
9059.3
Type
Other
Style
Other
Basement
None
Year Built
1996

Description

Well-maintained 10-unit multifamily building in the heart of Marpole. Built in 1996 on a 4,940 sq ft lot at Granville & 71st, this 4-level property with elevator features 8 parking stalls and recent roof upgrades. The building includes one bachelor suite and nine spacious one-bedroom units ranging from 380 sq ft to 480 sq ft, each with its own hot water tank. Tenants pay their own hydro, ensuring low maintenance costs. Generates approximately $160,000 annual gross income with long-term stable tenants. Zoned RM-3A under the Marpole Community Plan, offering excellent holding income and future redevelopment potential with increased density options (verify with City). Minutes to YVR Airport, Hwy 91, and Downtown Vancouver. Gross Income of $161,456. NOI of $125,092 and a Cap Rate of 3.93%.

Listing Provided By

Royal Pacific Riverside Realty Ltd.

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The data relating to real estate on this web site comes in part from the MLS Reciprocity program of the Real Estate Board of Greater Vancouver. Real estate listings held by participating real estate firms are marked with the MLSR 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 the Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver. Copyright 2025 by the Real Estate Board of Greater Vancouver, Fraser Valley Real Estate Board, Chilliwack and District Real Estate Board, BC Northern Real Estate Board, and Kootenay Real Estate Board. All Rights Reserved.

REBGV

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CONTACT

  • Name:
    David Valente
  • Mobile:
    604-377-6015
  • Email:
    david@davidvalente.com
  • Address
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REALTOR® | Real Estate Professional • Successfully Selling Properties Since 2006 • Vancouver & North Shore Real Estate • Brokerage: Team 3000 Realty Ltd. • 温哥华和北岸房地产 • Vancouver y North Shore Bienes Raíces
• C: 604.377.6015 • E: david@davidvalente.com • W: davidvalente.com
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CONTACT

604-377-6015

david@davidvalente.com

, CA

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