Kitsilano mixed-use site sells above assessed value

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(Fraser Elliott Group for Western Investor)

Breakdown:

Property type: Mixed-use retail/residential

Location: 2041 West 4th Avenue, Vancouver

Number of units: 3

Zoning: C-2B

Property size: 7,750 square feet

Land size: 5,580 square feet

B.C. Assessment value: $7.9 million

List price: $9.9 million

Sale price: $8.8 million