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Quadra Court

1510 East 4th Street, Vancouver, BC

$2,100,000

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Price$2,100,000

Units16

Year built1965

Lot size67.4' x 122'

ZoningRM-4

Price/unit$131,250

PID003-288-838

Legal descriptionLot B of 35 & 36, Block 145, DL 264 A, LD 36, PL 222 1771

Overview

Quadra Court is a 16 suite frame apartment building located in Vancouver, one block west of Commercial Drive on East 4th Avenue. Built in 1965, the property features hardwood floors, a large locker area, balconies, parking and a 2 bedroom penthouse suite with views.

Location

The subject property is located just one block west of Commercial Drive, on the corner of East 4th and Woodland Street. It is strategically situated in the heart of the trendy and vibrant Commercial Drive district better known as “Little Italy”. Neighboring uses within a few blocks radius include; Starbucks Coffee, Royal Bank and Super Value. “The Drive” has a distinct European flavour that you can’t find anywhere else in the city. Sidewalk cafes, small boutiques, bakery and pastry shops, all mingle with the regular types of businesses such as banks, grocery stores, and hardware stores. The area is well serviced by public transit with both bus and Skytrain station nearby. With an increasing population base in the neighborhood, the area will continue to grow as a vibrant and desirable district.

Improvements

– 5 parking stalls (2 covered)
– cedar fencing around building
– balconies/patios for each suite (some balcony upgrades required)
– new hot water tank
– most fridges/stoves replaced
– one washer/one dryer leased
– 2 bedroom penthouse suite with great views

Rent Roll & Statements

Financial information to be posted shortly.

Show less

	No. units
Bachelor	No. units2
1 Bedroom	No. units10
2 Bedroom (one suite unauthorized)	No. units5

Financials

Financing	Clear title.
Assessment 2006	Land Building Total	Land$761,000 Building$575,000 Total$1,336,000
Taxes 2006	$8,163.61

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