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Vancouver, BC, V5L2L2 • Grandview • Metro Vancouver Regional District
$668/sqft
Down payment assistance available
9Beds
9Baths
6,216Sqft
0.14 acLot
1965Built
Mountain Views
Mountain
3 Storey Style
Built 1965 · 61 years of history
The Drive
Grandview
Enhanced Security
No Fire Sprinkler System · Smoke Detector(s)
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168 days on market
Established listing
$668/sqft
Price per square foot
Multi Family · Built 1965
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.
Based on current rates
Est. 6.75% rate · 30yr fixed · $3,320,000 loan
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Key facts and listing details
7 categories of property features
Market data and value estimates
2 schools rated nearby
Vancouver, BC, V5L2L2
Local context around this listing
Vancouver, BC • Metro Vancouver Regional District
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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.
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