1647 E Pender Street

1647 E Pender Street
For Sale  $2,029,000.00
Description

The Oxley
The Oxley is a boutique collection of meticulously designed residences atop a main level commercial industrial/office space, developed in 2016. Featuring a contemporary aesthetic throughout, the project was designed by Taylor Kurtz Architecture + Design, and combines white-brick, black steel and wood with thoughtful interior layouts. The Oxley is located in the epicentre of Commercial Drive, Strathcona and Hastings Sunrise, three of the most vibrant and fastest-growing districts in Vancouver.

The Opportunity
Constructed in 2016, The Oxley is a modern white-brick boutique residence located just steps from trendy Commercial Drive. This exceptional investment opportunity features a portfolio of five contemporary studio loft rental units on an amalgamated single title. All thoughtfully designed, each unit features an open concept floorplan, polished concrete floors, custom imported Italian kitchens with integrated appliances, custom built-in storage and cabinetry, with sleek and modern bathrooms. With historically low vacancy rates hovering at approximately 1.1% in Metro Vancouver and strong upward rental pressure, this is a strategic, low maintenance investment opportunity in a highly desired rental market. Situated in a newer strata-titled development, this investment offers excellent in-place income with robust upside, with the unique benefit of minimal capital expenditure exposure.

 
Price Brochure
$2,029,000.00
Details
  • Address 1647 E Pender St.
  • Price $2,029,000.00
  • District Grandview-Woodland
  • Type Investment
  • Zoning MC-1 Industrial
  • Year Built 2017
  • PID 030-079-837
  • Property Taxes $3,912.02 (2019)
Location Map   
Description

The Oxley
The Oxley is a boutique collection of meticulously designed residences atop a main level commercial industrial/office space, developed in 2016. Featuring a contemporary aesthetic throughout, the project was designed by Taylor Kurtz Architecture + Design, and combines white-brick, black steel and wood with thoughtful interior layouts. The Oxley is located in the epicentre of Commercial Drive, Strathcona and Hastings Sunrise, three of the most vibrant and fastest-growing districts in Vancouver.

The Opportunity
Constructed in 2016, The Oxley is a modern white-brick boutique residence located just steps from trendy Commercial Drive. This exceptional investment opportunity features a portfolio of five contemporary studio loft rental units on an amalgamated single title. All thoughtfully designed, each unit features an open concept floorplan, polished concrete floors, custom imported Italian kitchens with integrated appliances, custom built-in storage and cabinetry, with sleek and modern bathrooms. With historically low vacancy rates hovering at approximately 1.1% in Metro Vancouver and strong upward rental pressure, this is a strategic, low maintenance investment opportunity in a highly desired rental market. Situated in a newer strata-titled development, this investment offers excellent in-place income with robust upside, with the unique benefit of minimal capital expenditure exposure.

 
  • Location 1647 E Pender St.
  • Price $2,029,000.00
  • District Grandview-Woodland
  • Type Investment
  • Zoning MC-1 Industrial
  • Year Built 2017
  • Legal Description STRATA LT 7, PL EPS3561, DL 183, GP 1, NWD
  • PID 030-079-837
  • Property Taxes $3,912.02 (2019)
Features
Contact Info
Contact
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Agent
  • Name corbel
  • Phone
  • Mobile  
  • Email willow@corbelcommercial.com
  • Web Site  
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