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497 E 10TH Avenue
Mount Pleasant VE Vancouver V5T 2A2

$2,450,000
Multifamily beds: 7 baths: 8.0 4,651 sq. ft. built: 1912

Main Photo: 497 E 10TH Avenue in Vancouver: Mount Pleasant VE Home for sale (Vancouver East)  : MLS®# R2040829
Prop. Type:
Multifamily
MLS® Num:
R2040829
Status:
Sold
Bedrooms:
7
Bathrooms:
8
Year Built:
1912
Huge 3 level Character Multifamily building/house on a 49’ x 124’ corner RT-5 lot, containing 5 legal self contained suites plus a small office in the main house (current owner to retain as a rental), as well as 2, very updated studio suites in the large rear garage. Some of the rents are low, and there is an opportunity to add 1 bdrm to each garden suite from unused storage area in bsmt, adding at least $1,200/mo to income. Current rent approx. $8750/mo or $105,000/yr: Expense qpprox $21,000/yr for $84,000/yr Net: 3.4% Cap Rate, with upside! House in good condition, low maintenance & hassle. Great Value, Great Future Potential. Viewings w/48 hrs notice. Showing Saturday, Mar 5th @ noon to 12:45pm by appt to ensure orderly viewings. Call LS to attend, for info pkg & more details.
Price:
$2,450,000
Property Type:
Multifamily
Year Built:
1912
MLS® Num:
R2040829
Status:
Sold
Floor
Type
Size
Other
Main
Porch (enclosed)
10'3" × 6'8"
-
Main
Foyer
11'8" × 6'7"
-
Main
Laundry
9'4" × 8'5"
-
Main
Living Room
15'6" × 12'11"
-
Main
Kitchen
12'8" × 11'7"
-
Main
Bedroom
12'2" × 9'11"
-
Main
Bedroom
13'5" × 13'
-
Main
Bedroom
12'9" × 11'5"
-
Main
Office
14'1" × 0
-
Above
Living Room
16' × 12'10"
-
Above
Kitchen
8'10" × 4'5"
-
Above
Bedroom
15'1" × 8'4"
-
Above
Living Room
14'6" × 10'9"
-
Above
Kitchen
11' × 9'7"
-
Above
Bedroom
9'1" × 8'8"
-
Bsmt
Living Room
14'4" × 9'5"
-
Bsmt
Kitchen
12'6" × 7'9"
-
Bsmt
Bedroom
13'7" × 7'11"
-
Bsmt
Foyer
6'6" × 5'
-
Bsmt
Bedroom
12'11" × 10'8"
-
Bsmt
Kitchen
7'11" × 5'4"
-
Bsmt
Storage
17'3" × 11'
-
Bsmt
Utility
11'3" × 9'8"
-
Bsmt
Storage
11'3" × 6'8"
-
Below
Living Room
15'11" × 9'
-
Below
Kitchen
9'4" × 8'1"
-
Below
Living Room
19'5" × 10'3"
-
Below
Kitchen
9'2" × 7'1"
-
Floor
Ensuite
Pieces
Other
Main
No
4
Above
No
4
Above
No
4
Bsmt
No
3
Bsmt
No
4
Bsmt
No
1
Below
No
4
Below
No
4
6'8
-
-
  • Photo 1: 497 E 10TH Avenue in Vancouver: Mount Pleasant VE Home for sale (Vancouver East)  : MLS®# R2040829
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  • Photo 20: 497 E 10TH Avenue in Vancouver: Mount Pleasant VE Home for sale (Vancouver East)  : MLS®# R2040829
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Larger map options:
Listing information last updated on March 15, 2016 at 04:50 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$2,849,950
Min list price:
$1,598,000
Max list price:
$8,749,000
Avg days on market:
136
Min days on market:
46
Max days on market:
335
Avg price per sq.ft.:
$1,022.03
These statistics are generated based on the current listing's property type and located in Vancouver East. Average values are derived using median calculations.
Bob Bracken