Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · Business · Vancouver

3263 Heather Street

Vancouver, BC V5Z3K4

$2,395,000

127 days on market

Bedrooms
0
Bathrooms
0
Floor area
2,997 sq ft
Type
Business
Year built
1981
Strata fee
$2,226.98/mo
Taxes
$21,240.60 (2024)
MLS®
C8079201

About this home

Located at the high-exposure corner of Heather Street and West 16th Avenue, in the heart of Vancouver's desirable Cambie Village, this 2,997 sq. ft. commercial strata property offers a rare and versatile opportunity.The space is strategically demised into two units: One half is occupied by an established business, generating approximately $100,000 in annual rental income for the current owner. The business itself can be included in the sale, providing a turnkey investment opportunity. The other half is currently vacant, offering a perfect opportunity for an owner-user to occupy the space or lease it out for additional income. Just steps from the Canada Line SkyTrain and minutes to Downtown Vancouver and YVR, this location benefits from strong foot traffic, excellent transit connectivity, and a dynamic neighbourhood with a mix of retail, residential, and professional services. Highlights: 2,997 sq. ft. strata retail space, split into two units Approx. $100,000/year in rental income from existing tenants.

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$10,605
Strata fee$2,227
Property taxannual ÷ 12$1,770
Est. monthly total$14,602
Down payment + BC property transfer taxbefore any first-time buyer exemption$528,850

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Listing courtesy of Sotheby's International Realty Canada. View on REALTOR.ca

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