- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- C8069185
- Build. Type:
- Low Rise (2-4 storeys)
- Photos (40)
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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.
- Sale Type:
- Asset
- Ownership:
- Freehold
- Property Type:
- Multi-Family Commercial
- Commercial Type:
- Multi Family
- Construction:
- Frame Wood
- Num Storeys:
- 3
- Building Type:
- Low Rise (2-4 storeys)
- # Units Total:
- 9
- # Other Units:
- 0
- # of Apartments:
- 9
- # of Studio Apartments:
- 0
- # of Penthouse Apartments:
- 0
- # of Bachelor Apartments:
- 0
- # of 4+ Bedroom Apartments:
- 0
- # of 1 Bedroom Apartments:
- 9
- # of 2 Bedroom Apartments:
- 0
- # of 3 Bedroom Apartments:
- 0
- Year built:
- 1958 (Age: 67)
- Living Area:
- 6,212 sq. ft.
- Subject Property Depth:
- 122'
- Subject Property Width:
- 50'
- Lot Area:
- 6,098.4 sq. ft.
- Acres Freehold:
- 6,098 sq. ft.
- Zoning:
- Signup
- Fencing:
- Signup
- # Of Parking Spaces - Total:
- Signup
- Road Frontage:
- Signup
- Heating:
- Signup
- Electricity:
- No
- Sewer:
- Public Sewer
- Parcel Number:
- 014999285
- Taxes:
- $9,971.81 / 2024
- No
- 3.255% ON THE 1ST $10K & 1.1625% ON THE BALANCE
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View of side of property with a balcony and stucco siding -
Carpeted foyer with a baseboard radiator, baseboards, mail area, and a textured ceiling
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Living room with a baseboard heating unit, wood finished floors, healthy amount of natural light, and a textured ceiling
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Dining area with a baseboard heating unit, a textured ceiling, and light wood-style flooring
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Dining room featuring light wood finished floors and baseboards
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Office with light wood finished floors, a textured ceiling, and baseboards
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Kitchen with a sink, appliances with stainless steel finishes, dark countertops, white cabinets, and light wood-type flooring
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Bedroom featuring baseboard heating, wood finished floors, and a textured ceiling
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Bedroom featuring light wood-style flooring and a closet
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Full bath with a stall shower, vanity, and toilet
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Bathroom featuring a shower stall and vanity
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Living area with plenty of natural light, baseboard heating, and wood finished floors
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Living area with a textured ceiling, healthy amount of natural light, and light wood-style floors
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Dining space featuring wood finished floors and a baseboard heating unit
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Office space with light wood-type flooring, a textured ceiling, and baseboards
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Kitchen featuring stainless steel appliances, a sink, white cabinets, backsplash, and dark countertops
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Bedroom with wood finished floors, a textured ceiling, and a baseboard heating unit
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Bedroom featuring wood finished floors, a closet, and baseboards
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Bathroom featuring toilet, a shower stall, and vanity
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Living area featuring light wood-style flooring and baseboards
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Dining room featuring light wood-type flooring and baseboards
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Kitchen featuring stainless steel appliances, dark countertops, a breakfast bar area, tasteful backsplash, and white cabinets
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Kitchen with appliances with stainless steel finishes, dark countertops, white cabinets, a peninsula, and light wood-style flooring
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Kitchen featuring appliances with stainless steel finishes, a sink, dark countertops, white cabinets, and a kitchen breakfast bar
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Kitchen with appliances with stainless steel finishes, a sink, white cabinetry, and dark countertops
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Kitchen with stainless steel appliances, a sink, light wood-type flooring, backsplash, and white cabinetry
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Bathroom featuring vanity, a shower stall, and toilet
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Bedroom featuring wood finished floors, baseboards, and an office area
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View of balcony
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Balcony with a residential view and a mountain view
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Mountain view
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Mountain view
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View of property exterior with fence, a security system, and a balcony
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View of balcony
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Utilities featuring water heater
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Utility room with electric panel and electric meter
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Uncovered parking lot with fence
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Property floor plan
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Property floor plan
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Room layout
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Listed by Stilhavn Real Estate Services
Data was last updated May 19, 2025 at 09:40 PM (UTC)
- MARK GOMES
- STILHAVN REAL ESTATE SERVICES
- 1 (778) 6281618
- mark@homesbygomes.ca
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2025 by the Greater Vancouver REALTORS®,
Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
M
G
Mark Gomes
Stilhavn Real Estate Services
Office Address:
36 E 5th Avenue
Vancouver, British Columbia, V5T 1G8