Incredible opportunity to own a house with incredible rental income and potential for a 100% 6-storey rental income on Commercial Drive! A culturally rich authentic neighborhood, more commonly known as Little Italy of Vancouver, is known for all the great restaurants, vibrant live music, colourful shopping, and being easily accessible by cars, bikes and transit. Located in the Grandview Woodlands Official Community Plan providing the potential to assemble the neighbouring homes immediate to the north of this house for a 6-storey rental building with 120 feet of frontage on Commercial Drive. This character house consists of 2 rental units – 1 two-bedroom on the ground floor and 1 three-bedroomon the main floor with shared laundry room. Assembly potential details on brochure upon request.
Property Details
Property Type
Other
Style
Residential Detached
Title to Land
Undivided Interest
Year Built
1910
Area
Vancouver East · Hastings
Outdoor
Patio,Deck, Balcony
Heating / Cooling
Forced Air
Flooring
Mixed
Construction
Frame Wood,Mixed (Exterior),Stucco
Parking
Open,Rear Access,Concrete (2 stalls)
Water Supply
Public
Kitchens
2
Financial
List Price$760,000
Gross Taxes$9,813 · 2022
Rooms 10
Bedroom
Below9' x 6'7
Bedroom
Below9'1 x 8'10
Kitchen
Below13'1 x 9'10
Living Room
Below13'8 x 11'9
Bedroom
Main10'1 x 9'2
Bedroom
Main14'1 x 9'1
Bedroom
Main10'8 x 9'8
Eating Area
Main11' x 4'11
Kitchen
Main9' x 7'2
Living Room
Main7'9 x 7'9
Features & Appliances
✦ Appliances & Features
🧺Washer/Dryer
🧺Dishwasher
🧊Refrigerator
🍳Cooktop
🪟Window Coverings
Where this information comes from:
Listing details, room sizes, features and financials are from the active MLS® listing
R2753818, Real Estate Board of Greater Vancouver.
Listed Feb 15, 2023. Feed last updated Mar 23, 2023.
Building-level information is from the BCCondos.net building database.
Measurements are provided by the listing brokerage and are approximate — buyer to verify all data.
Book a Showing
517 Commercial Drive · 885 Off The Drive · MLS® R2753818 · with Les Twarog
1428 W 7th Avenue, Vancouver, BC V6H 1C1604.602.1111 | info@bccondos.net
MLS®, REALTOR® and the associated logos are trademarks of The Canadian Real Estate Association
The listing data is provided under copyright by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver.The listing data is deemed reliable but is not guaranteed accurate by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board, Real Estate Board of Greater Vancouver, nor BCCondos.