- Updated On:
- May 16, 2023
Opportunity to acquire a 100% freehold interest in a classic character apartment building on the Fraser corridor, linking Mount Pleasant to central Vancouver’s Cambie/Main/Fraser shopping districts. Well maintained and fully rented with strong net income, in a rapidly developing area with room to grow rents. Great capital preservation and legacy property.
East Vancouver is an evolving and growing residential and shopping node, and the Kensington-Cedar Cottage / Riley Park neighbourhoods are amongst the most popular for residents and families, with numerous parks nearby, a growing commercial district that is changing to respond to a family demographic, and transportation options abound. The Roddington is located at 21st and Fraser, nestled between King Edward and Kingsway, with the latter intersection developing into a new ‘Main and Broadway’ type destination for locals and surrounding neighbourhoods alike, for service retail and some of the more popular dine out locations in the City.