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For sale

Clairmont & Georgian Apartments

1432 W 10th Ave & 2625 Hemlock St, Vancouver

$33,000,000

Price $33,000,000
Property type Development site with holding income
Units 66
Net rentable area 37,988 SF
Lot size 28,147 SF (225’ × 125’)
Zoning R5-3 (Existing RM-3)
Price per unit $500,000
Rental rate $3.07/SF
Cap rate 3.2%
Gross income multiplier 22.8
Parking 26 surface stalls
Floor space ratio Up to 6.5 FSR/20 storeys
Development potential Up to 182,956 SF
Price per SF buildable $180
PID 004-618-190, 004-618-211, 004-618-220, 015-017-303, 015-017-311

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