$1,948,000
Sold
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. 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 | Residential Detached |
| 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 | Single Family Residence |
| Property Type | Residential |
| 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® # | R3102999 |
| 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 | #4 |
| 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 |
|---|---|---|---|---|---|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,701,000 | $124,000 | $1,825,000 |
-6.4%
|
| 2025 | $1,806,000 | $144,000 | $1,950,000 |
-0.2%
|
| 2024 | $1,810,000 | $144,000 | $1,954,000 |
+4.4%
|
| 2023 | $1,725,000 | $147,000 | $1,872,000 |
+2.6%
|
| 2022 | $1,675,000 | $149,000 | $1,824,000 | — |
Based on 5 comparable active Single Family Residences in Grandview Woodland, the average asking price is $2,115,667. This listing is priced 10.3% below the neighbourhood average.
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