1546 West 12th Avenue, Vancouver, BC

Macdonald Commercial is pleased to present the opportunity to acquire a 100% freehold interest in Santa Monica Apartments, located in Vancouver’s desirable South Granville neighbourhood. The property consists of a 7,813-square-foot site and is improved with a well-maintained 13-unit, two-story apartment building circa 1927. The property offers investors stable cash flow with significant revenue upside as tenancies turnover. The current land use designation under the Broadway Plan allows for a maximum 20-storey secured rental building up to 6.5 FSR with a minimum of 99 feet of frontage, offering attractive redevelopment potential.