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Executive Summary

A compelling multifamily investment opportunity offering value-add and redevelopment potential with significant upside on current rents. Located in the heart of Mount Pleasant's vibrant Creative District, the property benefits from immediate access to the area's top breweries, restaurants, and retail amenities. The site is designated for secured market rental development, allowing for density up to 6.50 FSR and a maximum height of 20 storeys, providing meaningful future development optionality. The asset is further enhanced by its exceptional transit-oriented location, situated within a 10-minute walk of the Great Northern Way-Emily Carr SkyTrain Station, ensuring strong connectivity and sustained rental demand.

Property Facts

Price $3,017,892 USD
Price Per Unit $301,789 USD
Sale Type Investment
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.18 AC
Building Size 12,795 SF
No. Stories 3
Year Built 1960
Parking Ratio 0.78/1,000 SF
Zoning R3-3 - Residential

Amenities

Site Amenities

  • Smoke Free

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 10 - -
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
90/100
Very bikeable
80/100
  • Listing ID: 40012183

  • Date on Market: 4/2/2026

  • Last Updated:

  • Address: 958 E Broadway, Vancouver, BC V5T 3Y1

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