EstateBlock Realty

 725 W 70th Ave, Vancouver, BC - V6P 2X2 for Sale | MLS® C8024612 | Movety

List Price
$42,500,000
Total Bedroom
-
Total Bathrooms
-
Total Floor Area
(Sq.ft)
-
 
Lot Sz ( Sq.ft)
36,157
Maint. Fee
-
Gross taxes
-
Property Type
Multi-Family Commercial
Type of Dwelling
-
Year Built
1971
List Date
Mar 28, 2019

Listed by
Avison Young Comm. R.e. Inc.



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Property Description

Avison Young is pleased to present an opportunity to purchase Centennial House; a 93-unit, 12-storey concrete high-rise rental apartment building on 36,157 sf of land with 297 feet of frontage. The building features a very attractive suite mix of 46 one-bedrooms and 47 two-bedroom suites. The property is located within 400 metres of the Marine Gateway Canada Line Station and features panoramic views of Richmond and YVR. There is a significant opportunity to increase the rental revenue through a renovation program. There is also a large piece of excess land on the western portion of the site that can be utilized for an infill development to maximize the density on the property. This offering is priced well below the 2019 Assessed Value. Please contact for additional information and financials.

Property Information

Address
725 W 70th Ave,
List Price
$42,500,000
List Date
Mar 28, 2019

Strata Maint. Fee
-
Gross taxes
-
Total Baths
-
Total Bedrooms
-
Lot Sz (Acres)
0.83
Lot Sz (Sq.ft)
36,157
View
No
View - Specify
-
WaterFront
No
Ownership Type
-
Garage
No
Fireplace Features
-
Cooling
No
Property Type
Multi-Family Commercial
Type of Dwelling
-
Style of Home
-
Approx Year Built
1971
Age
48
Floor Area Total (Sq.ft)
-
Basement Area
-
Frontage
-
MLS® Number
C8024612
Postal Code
V6P 2X2
Sub-Area Community
Marpole
Area
Vancouver West
Province
BC
Zoning
RM-3A
Parking
No
Fireplaces
-
Fireplace Fuel
-
Community Features
-
Listed By

Avison Young Comm. R.e. Inc.

MLS Reciprocity This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.


This home is serviced by Sir Wilfrid Laurier Elementary. The property is located 1.82 km from the school. Sir Wilfrid Laurier Elementary has a rating of 9/10. This home is also serviced by Sir Winston Churchill Secondary. The home is located 2.13 km from school. Sir Winston Churchill Secondary has a rating of 8/10.

The closest elementary independent school with good rating is St Anthony of Padua. The School's rating is 10/10 and it is located 1.82 km from 725 W 70th Ave, Vancouver, BC - V6P 2X2, C8024612.

The closest Secondary Private School with good rating is King David High School. The School's rating is 10/10. The school is located 4.43 km from this home for sale.

The closest Skytrain/Railway station is Skytrain @ Marine Drive Stn on Canada Line Skytrain line in 0.68 km from this home.

This Vancouver home for sale is in the neighbourhood with a amount of rented dwellings. %37.3 of all dwellings are currently occupied by renters. Average gross rent is $1078 which is High compared to the local average.

725 W 70th Ave, Vancouver, BC - V6P 2X2,C8024612 is situated in Vancouver, Vancouver. 81.9% are Canadian Citizens in this neighbourhood, which is Very high in comparison to local rate.

This 725 W 70th Ave home for sale is located in the neighbourhood where 11% of the population does not know official languages. This is a percentage in comparison to the Metro Vancouver and Fraser Valley average.

The median age of population near the 725 W 70th Ave home for sale 725 W 70th Ave, Vancouver, BC - V6P 2X2 is 42.3. Which is Average in comparison with the local average.

725 W 70th Ave, Vancouver property for sale is situated in the area with a percentage of singles, 44.6%.

Average number of families with children near C8024612 is 1.3 which is Average in comparison with British Columbia

MLS Listing for sale C8024612 is in the Vancouver, Vancouver where 66.3% of the population are immigrants. It is a Very low number compared to BC average.

The closest daycare without violation is Crystal Star Day Care. MLS® C8024612 is located in 3.03km from this daycare.

for sale 725 W 70th Ave, Vancouver, BC - V6P 2X2,C8024612 is situated in Marpole in Vancouver West.

The Average Price for this kind of homes is 0.00% than similar homes in the city and 0.00% than similar properties in the neighbourhood.

Maps & Views

Demographics
Crime Rate
Schools
Daycares
Transit
Climate
Places
Close

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. Information regarding school boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school or school system.

School Name Type Grades Avg. Numeracy
Score
Avg. Writing
Score
Avg. Reading
Score
EstateBlock
Rating
Distance
Sir Wilfrid Laurier Annex Public K-4 556 604 517 8 0.57 km
Fawkes Academy DL Independent 1 msk msk msk n/a 1.58 km
St Anthony of Padua Independent K-7 521 687 513 9 1.82 km
Sir Wilfrid Laurier Elementary Public K-7 563 658 537 9 1.82 km
David Lloyd George Elementary Public K-7 521 591 502 7 1.82 km
J.W. Sexsmith Community Elementary Public K-7 508 532 471 4 2.47 km
Vancouver Hebrew Academy Independent K-7 546 762 539 10 2.53 km
Robert J Tait Elementary Public K-7 503 579 482 5 2.61 km
Vancouver Montessori School Independent K-1 594 849 566 10 2.63 km
Glen Eden School Independent 01-10 msk msk msk n/a 2.63 km

Listing Price Comparision

This house

$42,500,000

  Vancouver
Show Comparables

  Marpole
Show Comparables







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EstateBlock Realty
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Dan Marusin