Prime Corner Investment with Redevelopment Approved! Exceptional opportunity at the high-exposure corner of Victoria Dr & E 49th Ave. This income-producing property currently generates $16,300/month, featuring a long-term commercial tenant (AR Cannabis) at $10,000/month, two 2-bedroom suites at $2,500 each, and one bachelor suite at $1,300.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Exterior Entry |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Heating Type | Forced Air, Natural Gas |
| Cooling | Air Cond./Central, Air Conditioning |
| # of Kitchens | 1 |
| Flooring | Wall/Wall/Mixed |
| Foundation | Concrete Perimeter |
| Roof | Asphalt |
|---|---|
| Structures | Multi Family |
| Price | $3,888,000 |
|---|---|
| Total Bedrooms | 4 |
| Total Bathrooms | 3 |
| Full Bathrooms | 3 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 2900 |
| Year Built | 1946 |
| Age Of Building | 80 |
| Building Type | Quadruplex |
| Property Type | Residential Income |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Additional Parking, Open, Guest, Lane Access, Asphalt |
| Total Parking Spaces | 5 |
| Rental Suites | Other |
| Lot Size | 3879.56 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 118 |
| MLS® # | R3104478 |
| Area | Vancouver East |
| Neighbourhood | Killarney VE |
| City | Vancouver |
| Postal Code | V5P 3X9 |
| Gross Taxes | $29,436.6 |
| Zoning | C2 |
| Floor | Type | Dimensions |
|---|---|---|
| Above Level | Living Room | 12' x 12' ft |
| Main Level | Other | 10' x 10' ft |
| Main Level | Bedroom | 15' x 15' ft |
| Main Level | Bedroom | 15' x 15' ft |
| Above Level | Bedroom | 9' x 9' ft |
| Above Level | Bedroom | 10' x 10' ft |
| Above Level | Kitchen | 10' x 10' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
| Above Main 2 | No | #4 |
| Main Level | No | #3 |
Listed by: Sutton Group-West Coast Realty
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 | $1,330,000 | $308,000 | $1,638,000 |
-35.3%
|
| 2025 | $2,521,000 | $10,800 | $2,531,800 |
+0.1%
|
| 2024 | $2,521,000 | $9,000 | $2,530,000 |
0.0%
|
| 2023 | $2,521,850 | $8,400 | $2,530,250 |
+6.2%
|
| 2022 | $2,375,000 | $8,100 | $2,383,100 | — |
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