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.
Property Details
Property Type
Other
Style
Multi Family
Title to Land
Freehold NonStrata
Year Built
1965
Area
Vancouver East · Grandview Woodland
View
Mountain
Outdoor
Patio,Deck, Balcony
Heating / Cooling
Baseboard,Hot Water
Flooring
Laminate,Tile
Construction
Frame Wood,Mixed (Exterior),Stucco
Parking
Open,Rear Access (5 stalls)
Water Supply
Public
Kitchens
9
Financial
List Price$3,980,000
Gross Taxes$11,443 · 2025
Rooms 20
Living Room
Abv Main 215'1 x 11'8
Bedroom
Above14'2 x 10'2
Kitchen
Above7'7 x 6'5
Living Room
Above18'1 x 11'6
Bedroom
Above14'5 x 10'5
Kitchen
Above8'11 x 8'8
Living Room
Above14'6 x 12'6
Bedroom
Above14'1 x 10'2
Kitchen
Above9'4 x 7'7
Living Room
Above13'7 x 11'8
Storage
Main7'2 x 3'6
Bedroom
Main9'5 x 7'1
Kitchen
Main7'10 x 5'7
Living Room
Main13'3 x 12'
Bedroom
Main10'1 x 8'11
Kitchen
Main12'2 x 8'
Living Room
Main15'8 x 10'2
Bedroom
Main9'4 x 8'1
Kitchen
Main9'2 x 5'2
Living Room
Main13'1 x 10'1
Features & Appliances
✦ Appliances & Features
🧯No Fire Sprinkler System
🚨Smoke Detector(s)
Where this information comes from:
Listing details, room sizes, features and financials are from the active MLS® listing
R3109349, Real Estate Board of Greater Vancouver, listed by Stilhavn Real Estate Services (Corey Martin PREC*).
Listed Apr 8, 2026. Feed last updated Jul 13, 2026.
Measurements are provided by the listing brokerage and are approximate — buyer to verify all data.
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1923 PARKER STREET · MLS® R3109349 · 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.