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1798 Ontario Street
Mount Pleasant VE Vancouver V5T 0G2

$5,350,000
Commercial Sale

Main Photo: 1798 Ontario Street in Vancouver: Mount Pleasant VE Commercial Sale for sale in "Proximity" (Vancouver East) : MLS®# C8063883
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
C8063883
Build. Type:
Mixed Use
Presenting a unique opportunity to acquire two tenanted retail strata units at 1798 Ontario Street and 25 East 2nd Avenue. These units are located at the base of Proximity, a highly desirable 12 story mixed-use condo building located at the corner of Ontario Street and East 2nd Avenue in Olympic Village. The opportunity comprises two strata units with a total combined area of 3,825 square feet. The units are occupied by two strong tenants with exceptional covenants: RBC, a tier one financial institution, and Hon’s Wonton House, a renowned Vancouver-based restaurant with over 50 years of experience. For further information on Net Operating Income (NOI) and lease details, please contact agents.
Sale Type:
Asset
Property Type:
Commercial Sale
Commercial Type:
Retail
Construction:
Concrete
Name of Complex/Subdivision:
Proximity
Building Type:
Mixed Use
Year built:
2016 (Age: 9)
Living Area:
3,811 sq. ft.
Subject Property Depth:
0'
Subject Property Width:
0'
Contiguous Spc:
0 sq. ft.
Minimum Divisible Area:
0 sq. ft.
Title to Land:
Strata
Lot Area:
0 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Env Assmt Comment:
Letter of determination from MOE. Final determination that the site is not a contaminated site.
Parcel Number:
029778131
Taxes:
$63,910.4 / 2024
No
1%
Water Rights:
No
Roof:
Env Assmt Phase:
Yes
Cap Rate %:
Gross Income:
Oper. Expenses:
Association Fee:
$.00
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 1798 Ontario Street in Vancouver: Mount Pleasant VE Commercial Sale for sale in "Proximity" (Vancouver East) : MLS®# C8063883
    Photo 1 of 1
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Listed by CBRE Limited
Data was last updated April 8, 2025 at 04:10 AM (UTC)
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