$6,800,000

1440 W 70TH AVENUE

Vancouver · MLS® C8074913

16,800 sq ft · 14,000 sq ft lot

House · Multi-family · built 1966 · 275 days on market

Listed by Sarina Lui, Angell, Hasman & Associates Realty Ltd.

Realtor's description

Superb investment opportunity in the Prime Marpole area. Well cared for, fully occupied 4 storeys, 24 unit apartment building situated on the corner of 70th and French. Strategically located 1 block away from Granville Street & Safeway. It offers a desirable mix of 1 & 2 bedrooms, and a rooftop Penthouse. Minutes away from highway 91, 99, Vancouver Airport, Richmond and Downtown Vancouver. 18 parking stalls (12 underground and 6 open). 2 year old roof. Excellent redevelopment opportunity with higher density within the recent implemented Marpole Community.

Property details

Type: House, Multi-family
Living area: 16,800 sq ft
Lot: 14,000 sq ft
Parking: 0
Year built: 1966
Property tax: $20,804 / yr
Days on market: 275
MLS®: C8074913

Features

Lane

Price check

Price per sq ft: $405 vs $1,012 median for houses in Vancouver for sale (1712)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 275 days

The market here

Listed now: 55 days; median for 1822 houses for sale; this one 275 days

Houses in Vancouver. Sale prices register 1 to 3 months after a sale closes.

Monthly cost

$31,361/mo

Mortgage $29,627 · Tax $1,734

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$29,627/ monthly

loan $5,440,000

25-year amortization

down payment20% · $1,360,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $3,448,084
property transfer tax: $258,000; BC general rate
cash to close: $1,618,000; down + PTT
total paid: $8,888,084

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

Lot outline: 650 m² (6,997 sq ft) · PID 014-344-424. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

VancouverGoogle Maps ↗

Location

VancouverGoogle Maps ↗

Schools

Catchment schools, Vancouver School Board

Elementary David Lloyd George Elementaryhomes in this catchment
300 m away · 8370 Cartier St, Vancouver · 604-713-4895
Secondary Sir Winston Churchill Secondaryhomes in this catchment
1.6 km away · 7055 Heather St, Vancouver · 604-713-8189

From the Vancouver School Board's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

Good to know

Wildfire
The BC Wildfire Service rates Vancouver's wildland urban interface as risk class 5 of 5 (lowest; 1 is the highest). One wildfire of 10 hectares or more burned within 5 km since 2006: 2018 (13 ha). Some insurers price for wildfire, and FireSmart BC has a free home assessment guide.
Source: BC Wildfire Service, WUI risk class and fire perimeters

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.