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Bayside Towers

1846 Nelson Street, Vancouver

SOLD $20,450,000

Price $22,000,000
Property type Apartment building
Units 43
Storeys 10
Net rentable area 20,830 SF
Year built 1964
Lot size 8,646 SF (66’ × 131’)
Zoning RM-5B
Price per unit $511,628
Cap rate 3.1%
Gross income multiplier 23.6
Parking 8 secured underground and 14 surface stalls
Development potential Excess infill development potential under current zoning
PID 015-344-932
Legal description Lot 4 Block 69 District Lot 185 Plan 92
Sale price $20,450,000
Sale date 06/20/2024


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