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.
Data was last updated August 4, 2025 at 11:40 AM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$1,874,390
Min list price:
$628,000
Max list price:
$9,800,000
Avg days on market:
113
Min days on market:
11
Max days on market:
206
Avg price per sq.ft.:
$883.58
These statistics are generated based on the current listing's property type
and located in
Vancouver East. Average values are
derived using median calculations. This data is not produced by the MLS® system.