$1,948,000
Investor opportunity in a prime residential area on a great block. This three-level property produces approx. $100K annual NOI with an estimated 5% cap rate, or live in the main unit and collect about $70K rent from other units. Income setup includes: $2,500 main unit (incl. garage), $2,100 upper (tenanted), plus $1,350, $1,000, and $900 units all rented, and $350 from the garage/workshop. Enjoy a top-floor deck with mountain views, shared coin laundry, bike storage, and a charming backyard. Ideally located near Commercial Drive, transit, shopping, and recreation. Tenanted units 48 Hours Notice. Open House Sun, May 31, 12:00 - 1:30 pm
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Exterior Entry |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Heating Type | Electric, Forced Air |
| Laundry | Common Area |
| # of Kitchens | 3 |
| Flooring | Laminate, Mixed |
| Foundation | Concrete Perimeter |
| Exterior Features | Private Yard |
|---|---|
| View Description | North Shore and Mountain |
| Roof | Asphalt |
| Structures | Multi Family |
| Price | $1,898,000 |
|---|---|
| Total Bedrooms | 5 |
| Total Bathrooms | 4 |
| Full Bathrooms | 4 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 2575 |
| Year Built | 1912 |
| Age Of Building | 114 |
| Building Type | Other |
| Property Type | Residential Income |
| Architecture Style | 3 Storey |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer |
| Water (WaterSource) | Public |
| Parking Type | Garage Double, Front Access, Lane Access |
| Total Parking Spaces | 2 |
| Rental Suites | Unauthorized Suite |
| Lot Size | 4026 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 33 |
| MLS® # | R3103008 |
| Area | Vancouver East |
| Neighbourhood | Grandview Woodland |
| City | Vancouver |
| Postal Code | V6B 1A8 |
| Gross Taxes | $9,619.63 |
| Zoning | RT-5 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 11'10 x 11'10 ft |
| Main Level | Kitchen | 8'5 x 8'5 ft |
| Main Level | Bedroom | 9'0 x 9'0 ft |
| Main Level | Bedroom | 9'0 x 9'0 ft |
| Main Level | Other | 8'1 x 8'1 ft |
| Above Level | Living Room | 10'7 x 10'7 ft |
| Above Level | Kitchen | 8'7 x 8'7 ft |
| Above Level | Bedroom | 9'0 x 9'0 ft |
| Above Level | Bedroom | 10'5 x 10'5 ft |
| Above Level | Other | 28'4 x 28'4 ft |
| Above Level | Other | 25'6 x 25'6 ft |
| Below | Living Room | 10'0 x 10'0 ft |
| Below | Kitchen | 17'0 x 17'0 ft |
| Below | Bedroom | 10'1 x 10'1 ft |
| Below | Den | 8'6 x 8'6 ft |
| Below | Other | 7'9 x 7'9 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
| Above Level | No | #4 |
| Below | No | #3 |
| Below | No | #3 |
Listed by: Oakwyn Realty Ltd.
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
No active comparable properties are currently available for this property type in Vancouver. The price evaluation chart will update as similar listings enter the market.
Potential Cashback for this listing if you buy with us
Login to track your cashback progress
Buy with us & save on this property
$1,899,000
9.1% price reduction
$2,359,000
$1,775,000
$1,690,000
