$2,998,000
1613 CAPILANO ROAD
Beds
—
Baths
—
Sqft
—
Year
2023
About this home
OVER 5% CAP RATE!! GREAT INVESTMENT PROPERTY FOR SALE IN PRIME LOCATION OF NORTH VANCOUVER! Hamzehali & Associates is pleased to present 1613 Capilano Rd in North Van (Park West at Lions Gate Village). Property is leased to a Daycare business generating $153,750 net yearly inccome that scales up every year with 10 years lease term!! . This AAA commercial retail propert is strategically situated at the Lions Gate Bridge entrance and on the boundary of cities of North Vancouver & West Vancouver. Built by reputable Keltic Canada, this new mixed-use development consisting of 258 condominium units with 13 retail strata units is directly accessible from the intersection of Marine Dr and Capilano Rd. The space consists of almost 1,337 SF space, access to grade loading, high ceilings of almost 18 feet. 158 underground parking are designated to serve the commercial businesses & residential visitors on a first come first serve basis. Amazing opportunity to invest you money in commercial real estate. (id:65958)
- Subtype
- Retail
- MLS#
- C8078019
- Area
- NORTH_VANCOUVER
Cash on cash
-11.34%
Cap rate
3.62%
GRM
16.7
Break-even rent
$20,964
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 18, 2026.