1622 E 1ST AVENUE
Grandview Woodland

$1,499,000
House/Single Family beds: 8 baths: 3.0 2,440 sq. ft.

Main Photo: 1622 E 1ST AVENUE,
Status:
Sold
Prop. Type:
House/Single Family
Sold Date:
Jan 10, 2018
Bedrooms:
8
Bathrooms:
3
Investors alert in prime and vibrant Commercial Drive area. This property brings in $55,800 per year and nets around 3% cap rate. The RM-4N zoning offers great opportunity for new development and is in line for new RM6 zoning in near future, which offers 2.4 FSR and 6 storeys potential. The property has a newer roof, furnace, HWT and is always fully rented. Great holding property with future potential development. Call today to get more information.
Price:
$1,499,000
Property Type:
House/Single Family
Status:
Sold
  • Photo 1: 1622 E 1ST AVENUE,
    Photo 1 of 1
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Listed by Royal First Realty
Data was last updated May 6, 2025 at 11:40 AM (UTC)
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