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2 side-by-side buildings

1432 W 10th Ave & 2625 Hemlock St, Vancouver

$35,750,000

Price $35,750,000
(option for VTB)
Property type Development site with holding income
Units 65
Lot size 28,147 SF (225’ × 125’)
Zoning Existing RM-3
Price per unit $550,000
Cap rate 2.4%
Gross income multiplier 29.77
Floor space ratio Up to 6.5 FSR/20 storeys
Development potential Up to 182,956 SF
Price per SF buildable $195
PID 004-618-190, 004-618-211, 004-618-220, 015-017-303, 015-017-311

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