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 July 7, 2025 at 07:40 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$1,990,000
Min list price:
$923,000
Max list price:
$9,800,000
Avg days on market:
95
Min days on market:
5
Max days on market:
178
Avg price per sq.ft.:
$819.81
These statistics are generated based on the current listing's property type
and located in
Vancouver East. Average values are
derived using median calculations.