1923 Parker St, Vancouver, BC

$4,150,000
Est. Mortgage /mo

MLS# R3060359 · The Drive

9 Beds
9 Baths
6216 sqft
668 $ /sqft
1965 built
$4,150,000
Est. /mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

Exceptional investment opportunity in the heart of East Vancouver’s sought after Commercial Drive neighborhood. This 3 level walk-up apartment building features 9 modern 1 bedroom units, each with private outdoor space, dishwashers and in-suite laundry. The units have all been recently and tastefully updated, including flooring, kitchens and bathrooms. Set on a large 50' x 122' lot, the building is in excellent condition with low tenant turnover. Unbeatable location on a quiet tree-lined street just steps to restaurants, shops, transit and bike routes, with easy access to downtown and the new St. Paul’s Hospital. This is a fantastic, turnkey revenue property with a solid cap rate in one of the city’s most popular, high demand areas.

General Info

Price $4,150,000
Total Bedrooms 9
Total Bathrooms 9
Half Bathrooms 0
Floor Area Total (sqft) 6216
Lot Size 6100
Lot Size Depth Feet
Lot Size Frontage 50
Basement 0
Basement Features None

Property Metrics

Year Built 1965
Age Of Building 60
Building Type Other
Property Type Residential Income
Architecture Style 3 Storey
Stories 3
Structures Multi Family

Additional Details

MLS® # R3060359
Building Name The Drive
Area Vancouver East
Neighbourhood Grandview Woodland
City Vancouver
Postal Code V5L 2L2
Price per Sqft -
Gross Taxes $11,443
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard, Hot Water

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Open, Rear Access
Total Parking Spaces 5
Strata Restrictions -
Rental Restrictions -
Zoning RT-5
Rental Suites -
Laundry In Unit
# of Kitchens 9
Flooring Laminate, Tile
Foundation Slab
Interior Features Storage
Locker -
View 1
View Description Mountain
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Property Timeline

Status Date Price
R3060359 / Active 10-16-2025 $4,150,000
Rooms
Floor Type Dimensions
Main Level Living Room 13'1 x 13'1 ft
Main Level Kitchen 9'2 x 9'2 ft
Main Level Bedroom 9'4 x 9'4 ft
Main Level Living Room 15'8 x 15'8 ft
Main Level Kitchen 12'2 x 12'2 ft
Main Level Bedroom 10'1 x 10'1 ft
Main Level Living Room 13'3 x 13'3 ft
Main Level Kitchen 7'10 x 7'10 ft
Main Level Bedroom 9'5 x 9'5 ft
Main Level Storage 7'2 x 7'2 ft
Above Level Living Room 13'7 x 13'7 ft
Above Level Kitchen 9'4 x 9'4 ft
Above Level Bedroom 14'1 x 14'1 ft
Above Level Living Room 14'6 x 14'6 ft
Above Level Kitchen 8'11 x 8'11 ft
Above Level Bedroom 14'5 x 14'5 ft
Above Level Living Room 18'1 x 18'1 ft
Above Level Kitchen 7'7 x 7'7 ft
Above Level Bedroom 14'2 x 14'2 ft
Abv Main 2 Living Room 15'11 x 15'11 ft
Abv Main 2 Kitchen 9'3 x 9'3 ft
Abv Main 2 Bedroom 14'1 x 14'1 ft
Abv Main 2 Living Room 14'6 x 14'6 ft
Abv Main 2 Kitchen 8'11 x 8'11 ft
Abv Main 2 Bedroom 11'11 x 11'11 ft
Abv Main 2 Living Room 21'6 x 21'6 ft
Abv Main 2 Kitchen 7'6 x 7'6 ft
Abv Main 2 Bedroom 14'2 x 14'2 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Main Level No #3
Main Level No #3
Above Level No #3
Above Level No #3
Listed by: Stilhavn Real Estate Services & Stilhavn Real Estate Services

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood & Transit Info

Public Schools

Secondary
Templeton Secondary School
0.46 km
Elementary
Lord Nelson Elementary School
Average
0.56 km
6.8/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St Francis of Assisi
Above Average
0.1 km
8.9/10
Elementary, Secondary
PALS Autism School
0.84 km

Closest Transit

Bus Stop
Northbound Commercial Dr @ Napier St
0.33 km
Skytrain
Skytrain @ Commercial-Broadway Stn
1.55 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average
38.8%
No Certificate/Degree
Average
14.6%
Owner Occupied
Below Average
52.9%
Employment Rate
Average
58.7%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Possible
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $954
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $16,804/month in total housing costs on this $4,150,000 property — $15,850 mortgage payment, $954 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Estimated rental income of $19,145/month exceeds carrying costs by $2,065/month, making this an income-positive property at 20% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $4,150,000
Vancouver Loading...
Grandview Woodland Loading...
This listing has no active comparable properties in Vancouver at present. The price evaluation chart will update as similar listings become available.
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Property FAQs

What are the closest top-rated schools to 1923 Parker Street, Vancouver, BC?
The closest top-rated schools are Templeton Secondary School and Lord Nelson Elementary School.
Is 1923 Parker Street, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 1923 Parker Street, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $24,900.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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