Prop. Type:
Residential Income
Cash-flowing East Vancouver triplex with projected NOI of $88,000 and a strong 4.40% cap rate. Offered with vacant possession, all three fully upgraded units can be leased at market rents immediately. Includes two spacious 2-bed + flex suites and a studio with private entry, on a 4,396 SF RT-2 corner lot. Features include sprinklers, separate meters, dual furnaces, two hot water tanks, shared laundry, dry storage, and North Shore mountain views. Built in 1955 and modernized throughout, the property is ideal for investors or owner-occupiers seeking stable yield with future redevelopment upside in a high-demand, transit-connected rental corridor.
General Info:
Property Type:
Residential Income
Dwelling Type:
Triplex
Home Style:
Exterior Entry to Basement, Two Levels
Ownership:
Freehold NonStrata
Year built:
1955
(Age: 70)
Living Area:
2,330 sq. ft. 216 m2
Floor Area - Unfinished:
450 sq. ft. 41.8 m2
Building Area - Total:
2,780 sq. ft. 258 m2
Levels:
Two
Bedrooms:
4
(Above Grd: 4)
Bathrooms:
3.0
(Full:3/Half:0)
Kitchens:
3
Rooms:
12
Taxes:
$3,027 /
2024
Lot Area:
4,396 sq. ft. 408 m2
Rear Yard Exposure:
East
Outdoor Area:
Fenced
Water Supply:
Public
Plan:
VAP8977
Additional Info:
Construction Materials:
Frame Wood, Mixed (Exterior), Stucco, Wood Siding
Foundation:
Concrete Perimeter
Basement:
Full, Partially Finished, Exterior Entry
Roof:
Torch-On
No. Floor Levels:
2.0
Floor Area Fin - Above Grade:
1,880 sq. ft. 175 m2
Floor Area Fin - Above Main:
940 sq. ft. 87.3 m2
Floor Area Fin - Above Main 2:
0 sq. ft. 0 m2
Floor Area Fin - Main:
940 sq. ft. 87.3 m2
Floor Area Fin - Below Main:
0 sq. ft. 0 m2
Floor Area Fin - Below Grade:
450 sq. ft. 41.8 m2
Floor Area Fin - Basement:
450 sq. ft. 41.8 m2
Floor Area Fin - Total:
2,330 sq. ft. 216 m2
Heating:
Baseboard, Forced Air
Parking Features:
Additional Parking
Parking:
Additional Parking
Suite:
Legal Suite, Unauthorized Suite
View:
North Shore Mountains
Security Features:
Fire Sprinkler System, Smoke Detector(s)
Features Included:
Fire Sprinkler System, Smoke Detector(s)
Legal Description:
LOT C OF LOT C BLOCK 171 DISTRICT LOT 264A, PLAN VAP8977
Room Information:
Floor
Type
Size
Other
Main
Living Room
16' 4.88 m × 14' 4.27 m
-
Main
Dining Room
11' 3.35 m × 7' 2.13 m
-
Main
Primary Bedroom
12' 3.66 m × 10' 3.05 m
-
Main
Bedroom
13' 3.96 m × 11' 3.35 m
-
Main
Kitchen
12' 3.66 m × 8' 2.44 m
-
Above
Living Room
16' 4.88 m × 14' 4.27 m
-
Above
Dining Room
11' 3.35 m × 7' 2.13 m
-
Above
Primary Bedroom
12' 3.66 m × 10' 3.05 m
-
Below
Bedroom
13' 3.96 m × 11' 3.35 m
-
Above
Kitchen
12' 3.66 m × 8' 2.44 m
-
Bsmt
Living Room
19' 5.79 m × 10' 3.05 m
-
Below
Kitchen
10' 3.05 m × 4' 1.22 m
-
Bathrooms:
Floor
Ensuite
Pieces
Other
Main
No
4
Above
No
4
Basement
No
4
Other Details:
Income Per Annum:
102000.0
Oper. Expenses:
13027.0
Net Operating Income:
$87,953
Age Restrictions:
No
By-Law Infractions:
N
Income as at Date:
Jun 02, 2025
Tax Utilities Included:
false
Property Disclosure:
Yes
Fixtures Leased:
No
# Units Total:
3
# Bachelor Units:
1
# 2Bdrm Units:
2
Home Owners Association:
No
Listing Info:
Previous Price:
$1,999,900
Original Price:
$1,999,900
Land Info:
Land Lease:
No
Zoning:
RT-2
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Fencing:
Fenced
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
