1012-1060 Deep Cove Road
$14.57M | 5.00% CAP
& 4260-4266 Mount Seymour Parkway
Welcome to the Cove.
The corner every Deep Cove resident drives past. Multiple sources of income today. A mixed-use future tomorrow.
49.3164927, -122.9533106
Main Intersection
Deep Cove Road & Mount Seymour Parkway
Location
Metro Vancouver, North Vancouver
Address
1012-1060 Deep Cove Road
4260-4266 Mount Seymour Parkway
North Vancouver BC V7G 1S3
Canada
Land Information
Total Size
34,682 SF
Zoning
VC-DC / C6 - Commercial Residential Mixed Use Level 1
Frontage
269 ft
Depth
129 ft
Building Information
Overall Building Size
18,478 SF
Parking
35 Stalls, 2 assigned to DCM
Property Highlights
A 34,682 SF corner with two street frontages, four tenants and its own parking lot. Well maintained, with extensive capital upgrades by the current owner.
Repriced
Over $2 million below the original ask. Same corner, same tenants, a better entry.
Income Protected to 2031
Over two-thirds of rent is locked in through March 2031.
Contracted Growth
Anchor tenant rent increases in 2028 and 2030 increasing the NOI.
Land That Rarely Trades
Deep Cove is almost entirely singlefamily. This corner is already designated for mixed use.