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1361 MARINE Drive - In the same family since 1954! A rare chance to own in prime Ambleside area of West Vancouver B.C. This property is situated on a double lot directly across from the multi-million $ Grosvenor development scheduled for 7 stories on West side + 6 stories on East + tiered in middle providing view corridors for this property. See link:http://grosvenorambleside.com/ambleside Sale prices are $2000 psf for water views. It is doesn't get much better than this investment property opportunity! Gross income $172,596.96 per annum. Rents are low. Majority of tenants have been there for 20+ years! One residential unit occupied by Seller. Individual 60 amp meters for all units except Dry Cleaner which is 400 amps. Rear asphalt paved parking lot with carport parking for 12 cars via rear lane access. AC2 zoning (3 stories) currently under review by the City of West Vancouver for increased density for this block. Ask L/S for details. PLEASE DO NOT DISTURB TENANTS. Thank you. Listing package available. Email for details.

Property Details

  • ID: C8006815
  • Storeys: 0
  • County: Canada
  • Style: Other
  • New Construction: No
  • Status: Active
  • Living Area: 6,650

Features

Amenities Street Lighting
Features Lane
Lease Per Unit square feet
Other Fireplace Present - False
Sewer Storm Sewer
Transaction Type For sale
Listed By Royal Pacific Realty Corp.