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1923 Parker Street
Grandview Woodland Vancouver V5L 2L2

$4,300,000
Multi-Family Commercial

View of side of property with a balcony and stucco siding
Photo 1: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 2: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 3: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 4: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 5: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 6: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 7: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 8: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 9: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 10: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 11: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 12: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 13: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 14: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 15: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 16: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 17: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 18: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 19: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 20: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 21: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 22: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 23: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 24: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 25: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 26: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 27: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 28: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 29: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 30: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 31: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 32: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 33: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 34: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 35: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 36: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 37: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 38: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 39: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Photo 40: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8069185
Build. Type:
Low Rise (2-4 storeys)
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.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Frame Wood
Num Storeys:
3
Building Type:
Low Rise (2-4 storeys)
# Units Total:
9
# Other Units:
0
# of Apartments:
9
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
9
# of 2 Bedroom Apartments:
0
# of 3 Bedroom Apartments:
0
Year built:
1958 (Age: 67)
Living Area:
6,212 sq. ft.
Subject Property Depth:
122'
Subject Property Width:
50'
Lot Area:
6,098.4 sq. ft.
Acres Freehold:
6,098 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Sewer:
Public Sewer
Parcel Number:
014999285
Taxes:
$9,971.81 / 2024
No
Water Supply:
Public
Water Rights:
No
Roof:
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    View of side of property with a balcony and stucco siding
  • Photo 2: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Carpeted foyer with a baseboard radiator, baseboards, mail area, and a textured ceiling
  • Photo 3: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Living room with a baseboard heating unit, wood finished floors, healthy amount of natural light, and a textured ceiling
  • Photo 4: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Dining area with a baseboard heating unit, a textured ceiling, and light wood-style flooring
  • Photo 5: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Dining room featuring light wood finished floors and baseboards
  • Photo 6: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Office with light wood finished floors, a textured ceiling, and baseboards
  • Photo 7: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Kitchen with a sink, appliances with stainless steel finishes, dark countertops, white cabinets, and light wood-type flooring
  • Photo 8: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Bedroom featuring baseboard heating, wood finished floors, and a textured ceiling
  • Photo 9: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Bedroom featuring light wood-style flooring and a closet
  • Photo 10: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Full bath with a stall shower, vanity, and toilet
  • Photo 11: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Bathroom featuring a shower stall and vanity
  • Photo 12: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Living area with plenty of natural light, baseboard heating, and wood finished floors
  • Photo 13: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Living area with a textured ceiling, healthy amount of natural light, and light wood-style floors
  • Photo 14: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Dining space featuring wood finished floors and a baseboard heating unit
  • Photo 15: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Office space with light wood-type flooring, a textured ceiling, and baseboards
  • Photo 16: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Kitchen featuring stainless steel appliances, a sink, white cabinets, backsplash, and dark countertops
  • Photo 17: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Bedroom with wood finished floors, a textured ceiling, and a baseboard heating unit
  • Photo 18: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Bedroom featuring wood finished floors, a closet, and baseboards
  • Photo 19: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Bathroom featuring toilet, a shower stall, and vanity
  • Photo 20: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Living area featuring light wood-style flooring and baseboards
  • Photo 21: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Dining room featuring light wood-type flooring and baseboards
  • Photo 22: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Kitchen featuring stainless steel appliances, dark countertops, a breakfast bar area, tasteful backsplash, and white cabinets
  • Photo 23: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Kitchen with appliances with stainless steel finishes, dark countertops, white cabinets, a peninsula, and light wood-style flooring
  • Photo 24: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Kitchen featuring appliances with stainless steel finishes, a sink, dark countertops, white cabinets, and a kitchen breakfast bar
  • Photo 25: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Kitchen with appliances with stainless steel finishes, a sink, white cabinetry, and dark countertops
  • Photo 26: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Kitchen with stainless steel appliances, a sink, light wood-type flooring, backsplash, and white cabinetry
  • Photo 27: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Bathroom featuring vanity, a shower stall, and toilet
  • Photo 28: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Bedroom featuring wood finished floors, baseboards, and an office area
  • Photo 29: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    View of balcony
  • Photo 30: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Balcony with a residential view and a mountain view
  • Photo 31: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Mountain view
  • Photo 32: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Mountain view
  • Photo 33: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    View of property exterior with fence, a security system, and a balcony
  • Photo 34: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    View of balcony
  • Photo 35: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Utilities featuring water heater
  • Photo 36: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Utility room with electric panel and electric meter
  • Photo 37: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Uncovered parking lot with fence
  • Photo 38: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Property floor plan
  • Photo 39: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Property floor plan
  • Photo 40: 1923 Parker Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8069185
    Room layout

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Listed by Stilhavn Real Estate Services
Data was last updated May 28, 2025 at 09:40 PM (UTC)
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