For Sale | 2065 Triumph Street | Cedar Cove Multi-Family Investment Opportunity
$6,300,000
2065 Triumph Street, Vancouver, BC V5L 1K7, Canada
12,078 sqft
Lot Area
15
Units
Details:
Highlights:
- Stable multi-family investment
- Large two-lot corner site
- Long-term redevelopment potential
- Renovated rental property
- Desirable East Vancouver location
Description:
Corbel Commercial is pleased to present the opportunity to acquire 2065 Triumph Street, a renovated 15-unit multifamily property in Vancouver’s established Grandview-Woodland neighbourhood.
Built in 1967, the three-storey walk-up apartment building occupies a prominent 12,073 SF corner site comprising two legal lots. The property provides stable in-place income and represents an attractive long-term holding opportunity in a desirable and supply-constrained residential neighbourhood.
The site is designated Residential Core – Apartment under the Grandview-Woodland Community Plan, which contemplates residential development of up to six storeys. This designation provides meaningful long-term redevelopment optionality while allowing an investor to benefit from ongoing rental income throughout the holding period.
Conveniently located near Commercial Drive, neighbourhood shopping, transit and everyday amenities, 2065 Triumph Street offers a compelling combination of current cash flow, underlying land value and future development potential.
Note: Photos contain virtually staged renderings.
Documents:
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Triumph_St._2065.pdf
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Location
Gallery
