SOLD

1351-1361 MARINE DRIVE, WEST VANCOUVER

COMM For Sale in Ambleside, West Vancouver

$6,500,000
  • 9,090 Sq. Ft.
  • Built 1955

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. 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. 

Address 1351-1361 MARINE DRIVE, WEST VANCOUVER
List Price 6,500,000
Type of Dwelling COMM
Area West Vancouver
Sub-Area Ambleside
Floor Area 9,090 Sq. Ft.
Year Built 1955
Maint. Fee 0.00
MLS® Number C8006815
Listing Brokerage Royal Pacific Realty Corp.
Zoning AC2
Tax Amount $31,908.93
Tax Year 2016