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The Patrician

2675 Alder Street, Vancouver

Apartment Building
17 Suites

SOLD $3,050,000

Overview

Built in 1959, The Patrician is a well maintained 17 unit, four storey concrete block apartment building located in South Granville, Vancouver. Features parking, elevator and small balconies.

Location

The subject property is located in the popular South Granville District, on the west side of Alder between 10th Ave, and 11th Ave. Close to shopping, restaurants and transportation.

Summary

Price$3,050,000
Units17
Price/Unit$179,412
Year Built1959
Lot Size67' x 125'
ZoningRM-3
PID015-017-044; 015-017-095
Sale Price$3,050,000
Sale Date01/01/2006

Suite Mix

 No. Units
One BedroomNo. Units15
Two BedroomNo. Units2

Financials

FinancingClear title.
Assessment 2005
Land
Building
Total
Land$919,000
Building$1,412,000
Total$2,331,000
Taxes 2005
$13,842.38
Income
Effective Gross
Effective Gross$160,000

The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by HQ Commercial.

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