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Villa Florencia

324 West 10th Avenue, Vancouver

SOLD $16,230,000

Price $16,000,000
Property type Apartment building/development site
Units 35
Storeys 3
Net rentable area 21,450 SF
Year built 1968
Lot size 150’ × 125’ (18,750 SF)
Zoning RM-4
Price per unit $457,143
Cap rate 2.7%
Gross income multiplier 26.0
Parking 30 secured stalls
Development potential 15–25 storeys based on Broadway Corridor Plan
PID 014-564-726, 014-564-734, 014-564-742
Legal description Lot 5, 6, 7 Block K, Plan VAP1530, District Lot 526, New Westminster Land District
Sale price $16,230,000
Sale date 03/24/2022


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