1. Home
  2. Multifamily
  3. 8690 Montcalm Street
4 More
1170
1170 1170
1170 1170 1170 1170
Sold

8690 Montcalm Street

  • $3,975,000

Salient Details

  • Units 12
  • Suite Mix 6-One Bedroom, 6-One Bedroom + Den
  • Lot Size 6,500 sf
  • Year Built 1986
  • Net Income $120,646
  • Price/Unit $331,250

8690 Montcalm Street

Strata titled multifamily asset located in Vancouver’s Marpole neighbourhood.
8690 Montcalm Street - Brochure
Download the Brochure
McEvay Blair Multifamily Group - 8690 Montcalm Street - 8 050

Investment Highlights

Strata Titled
All 12 units are strata titled and currently offered at below the combined assessed value presenting flexible investment options to sell individual units off for a premium.
Well-Maintained
Built in 1986 and designed as a strata, the building offers an easy to manage asset with low operating expenses as tenants pay for their own utilities (heat, hot water, and electricity). Attractive features include a well balanced mix of 1 bedroom and 1 bedroom + den units, balconies, in-suite laundry hookups, and secured underground parking.
Value-Add
Current rental rates are approximately 70% below market presenting enormous upside upon tenant turnover.
Central Location
Centrally located in Vancouver’s Marpole neighbourhood, the property offers convenient access to both northsouth arterials along Granville and Oak to Downtown Vancouver, Richmond, and YVR Airport, and east-west arterials along W 70th and South West Marine to UBC and Marine Gateway.

Gallery

Contact us

Patrick McEvay

Managing Director

Personal Real Estate Corporation

(604) 789 0720

Patrick.McEvay@marcusmillichap.com

Email Patrick

James Blair

Managing Director

Personal Real Estate Corporation

(604) 790 7089

James.Blair@marcusmillichap.com

Email James

Adam Herman

Director

Personal Real Estate Corporation

(604) 652 3016

Adam.Herman@marcusmillichap.com

Email Adam

Suvarna Sunil

Associate Director

(778) 772 5133
Sunil.Suvarna@marcusmillichap.com

Email Sunil

Patrick Ferrie

Associate

(250) 793 3498
Patrick.ferrie@marcusmillichap.com
Email Patrick