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227 E 15th Avenue
Mount Pleasant VE Vancouver V5T 2P8

$3,588,000
Land Commercial, Multi-Family Commercial

Main Photo: 227 E 15th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8080647
Photo 1: 227 E 15th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8080647
Photo 2: 227 E 15th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8080647
Photo 3: 227 E 15th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8080647
Photo 4: 227 E 15th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8080647
Photo 5: 227 E 15th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8080647
Photo 6: 227 E 15th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8080647
Photo 7: 227 E 15th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8080647
Photo 8: 227 E 15th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8080647
Photo 9: 227 E 15th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8080647
Photo 10: 227 E 15th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8080647
Photo 11: 227 E 15th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8080647
Photo 12: 227 E 15th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8080647
Photo 13: 227 E 15th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8080647
Photo 14: 227 E 15th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8080647
Photo 15: 227 E 15th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8080647
Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8080647
Build. Type:
Low Rise (2-4 storeys)
London Pacific is pleased to present this well-maintained eight-suite apartment building in the heart of Vancouver's sought-after Mount Pleasant neighbourhood. Situated on a 6,100 SF lot (50' x 122') and constructed in 1968, the property offers stable in-place income with immediate upside, as three suites will be delivered vacant upon possession. The building features a desirable suite mix of seven one-bedroom suites and one two-bedroom suite. Ideally located just east of Main Street, residents enjoy walking access to popular cafes, restaurants, parks, shopping, and transit. Designated ** Mount Pleasant South Apartment Areas - Area B (MSAB) ** under the Broadway Plan and within ** Tier 3 ** of the Transit-Oriented Areas framework, the site supports consideration of rezoning for secured market rental developments of up to 20 storeys and 6.5 FSR, with additional density incentives available for qualifying mixed-use or childcare components.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Land Commercial, Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Frame Wood
Building Type:
Low Rise (2-4 storeys)
# Units Total:
8
# Other Units:
8
# of Apartments:
8
# of 1 Bedroom Apartments:
7
# of 2 Bedroom Apartments:
1
Living Area:
0 sq. ft.
Subject Property Depth:
122'
Subject Property Width:
50'
Lot Area:
6,098.4 sq. ft.
Zoning:
Potential to Redevelop:
24 Storey High Density under the Broadway Corridor Plan, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Sewer:
Public Sewer
Parcel Number:
006184197
Taxes:
$9,581.18 / 2025
Balconies, Laundry Facility
No
Common Water Heater
Building Security
No
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
24 Storey High Density under the Broadway Corridor Plan, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 227 E 15th Avenue in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8080647
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Listed by London Pacific
Data was last updated July 23, 2026 at 12:40 AM (UTC)
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