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887/877 W 28TH AVENUE, Vancouver BC V5Z 2H6
Cambie Vancouver V5Z 2H6

$9,460,000
Multi-Family Commercial

View of miscellaneous property collateral
Photo 1: 887/877 W 28TH AVENUE, Vancouver BC V5Z 2H6 in Vancouver: Cambie Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8071834
Photo 2: 887/877 W 28TH AVENUE, Vancouver BC V5Z 2H6 in Vancouver: Cambie Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8071834
Photo 3: 887/877 W 28TH AVENUE, Vancouver BC V5Z 2H6 in Vancouver: Cambie Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8071834
Photo 4: 887/877 W 28TH AVENUE, Vancouver BC V5Z 2H6 in Vancouver: Cambie Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8071834
Photo 5: 887/877 W 28TH AVENUE, Vancouver BC V5Z 2H6 in Vancouver: Cambie Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8071834
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8071834
Side by side lots, two PIDs, offering a combined frontage of 100 ft and depth of 125 ft CORNER lot with lane access. A permit to build 12 units at FSR 1.2 is around the corner. The property is located within a Transit Oriented Area and has the potential to be assembled with the adjacent lot, achieving a total of 31,250 sq.ft. and permitting a mid-rise development with an FSR of up to 3.0. Measurement according to BC assessment.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
# of Apartments:
12
Year built:
1928 (Age: 97)
Living Area:
12,500 sq. ft.
Subject Property Depth:
125'
Subject Property Width:
100'
Lot Area:
12,632.4 sq. ft.
Zoning:
Potential to Redevelop:
Permit ready at FSR:1.2, Potential to Develop at FSR: 3, Yes
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Electricity:
Yes
Services Connected:
Cable at Lot Line, Electricity at Lot Line, Electricity Connected, Fully Serviced, Natural Gas at Lot Line, Natural Gas Connected, Sanitary sewer at LotLine
Sewer:
Septic Tank, Storm Sewer
Parcel Number:
011166436
Taxes:
$25,000 / 2025
No
Water Rights:
No
Roof:
Potential to Redevelop:
Permit ready at FSR:1.2, Potential to Develop at FSR: 3, Yes
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 887/877 W 28TH AVENUE, Vancouver BC V5Z 2H6 in Vancouver: Cambie Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8071834
    View of miscellaneous property collateral
  • Photo 2: 887/877 W 28TH AVENUE, Vancouver BC V5Z 2H6 in Vancouver: Cambie Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8071834
    Aerial overview of property's location featuring property boundaries highlighted
  • Photo 3: 887/877 W 28TH AVENUE, Vancouver BC V5Z 2H6 in Vancouver: Cambie Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8071834
    Aerial view of property's location
  • Photo 4: 887/877 W 28TH AVENUE, Vancouver BC V5Z 2H6 in Vancouver: Cambie Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8071834
    View of front of house featuring a front yard
  • Photo 5: 887/877 W 28TH AVENUE, Vancouver BC V5Z 2H6 in Vancouver: Cambie Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8071834
    View of front facade with a front yard
Listed by Royal Pacific Realty Corp.
Data was last updated September 7, 2025 at 07:40 PM (UTC)
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