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749 E 16TH Avenue
Mount Pleasant VE Vancouver V5T 2V5

$1,749,000
Multifamily beds: 2 baths: 7.0 3,040 sq. ft. built: 1925

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Status:
Active
Prop. Type:
Multifamily
MLS® Num:
R2950512
Bedrooms:
2
Bathrooms:
7
Year Built:
1925
High Quality, 1st Class, Investment Property w Huge Income! 8 Self Contained Suites. Completely rebuilt from foundation in 2005, add'l renos 2006-2007, bright Suites, great Tenants, low maintenance Bldg, sprinklered, minimal management reqd, zero vacancy. Some posted photos taken shortly after renos. Inc $9,416/mo, $112,992/yr, rent well below market. Cap Rate 5.4%. Potentials: Inc $12,700/mo, $152,400/yr, Cap Rate 7.7%. Great Mt Pleasant location, close to shopping, restaurants, transit, parks, mins Main St & D/T. Great investment, also perfect for non profit housing societies. Call LS for more info, floor plan, info pkg. Showings avail w 2 day notice. Showing Mon Dec 16 noon gone by 1:00pm by appt only. Offers if any, Mon Dec 16 after 5 PM, Email to LS.
Property Type:
Multifamily
Dwelling Type:
Other
Year built:
1925 (Age: 99)
Total area:
3,040 sq. ft.
Total Floor Area:
3,040 sq. ft.
Main Floor Area:
1,380 sq. ft.
Levels:
2
Bedrooms:
2 (Above Grd: 2)
Bathrooms:
7.0 (Full:7/Half:0)
Taxes:
$6,367.73 / 2024
Lot Area:
3,259 sq. ft.
Lot Frontage:
37'
Lot Depth:
88.09
Outdoor Area:
Patio(s) & Deck(s)
Basement:
None
Title to Land:
Freehold NonStrata
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Listed by RE/MAX Real Estate Services
Data was last updated December 22, 2024 at 06:10 AM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$1,469,600
Min list price:
$899,000
Max list price:
$3,195,000
Avg days on market:
65
Min days on market:
3
Max days on market:
211
Avg price per sq.ft.:
$1,100
These statistics are generated based on the current listing's property type and located in Vancouver East. Average values are derived using median calculations.
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BC properties for sale - Real Estate Basics

When you are planning to buy a property for sale, you should consider your lifestyle and budget, as well as how much you want to be involved in home maintenance. Here are some important considerations in selecting a home from the properties for sale:

Always have a Home Inspection done on the property!

If the home is less then 10 years old, check the Home Warranty provided for the property.

If the property is part of a Strata Corporation, it is very important to read and understand all the Strata documents, to determine the strata status before making a purchase decision.

These are the most common docs:

  • Current Form B
  • Bylaws & Rules
  • Strata Minutes including AGM, SGM
  • Rental Disclosure Statement
  • Engineering Reports
  • Depreciation Reports
  • Current Financial Statements
  • Insurance Certificate

If the home was built before 1990 it is important for you to know about the health risks associated with asbestos. See more details about asbestos in our Home Renovations blog page.

The location is always extremely important! You should consider the time you lose commuting to your work, the schools that are in the neighbourhood, access to amenities, shopping, parks, etc. You should also sick information about the Radon levels in the area & home. Radon might be a health issue if the level present in your home is higher. Find more information on our Radon blog page.

Before completing a transaction on a property, check the Property Ownership Types available in British Columbia.

Make sure you a know about the programs and incentives available for First Time Home Buyers if you are one!

If you are buying a property that is tenanted, check the different rules that apply for Tenant Occupied Properties.

Find other important information you have to know when you are buying a property on our Real Estate Blog Pages.

To learn about Consumer Protection in BC Real Estate Market visit BCFSA (BC Financial Services Authority).

You should also check the prices for the recently Sold homes/ properties/ real estate in your neighbourhood! You can find them searching on the Communities pages or searching Residential by Map All MLS ® Sold Listings are available!