Investor opportunity in a prime residential area on a great block. This three-level property produces approx. $100K annual NOI with an estimated 5% cap rate, or live in the main unit and collect about $70K rent from other units. Income setup includes: $2,500 upper level (vacant, incl. garage), $2,100 upper (tenanted), plus $1,350, $1,000, and $900 units all rented, and $350 from the garage/workshop. Enjoy a top-floor deck with mountain views, shared coin laundry, bike storage, and a charming backyard. All suites are unauthorized. Ideally located near Commercial Drive, transit, shopping, and recreation.
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Exterior Entry to Basement, Two Levels, Three Or More Levels
Ownership:
Freehold NonStrata
Year built:
1912
(Age: 114)
Living Area:
2,575 sq. ft.239 m2
Building Area - Total:
2,575 sq. ft.239 m2
Levels:
Two, Three Or More
Bedrooms:
5
(Above Grd: 5)
Bathrooms:
4.0
(Full:4/Half:0)
Taxes:
$9,619.63 /
2025
Lot Area:
4,026 sq. ft.374 m2
Lot Frontage:
33'10.1 m
Lot Details:
33 x 122
Outdoor Area:
Fenced
Plan:
1947
Construction Materials:
Frame Wood, Stucco
Property Condition:
Renovation Partly
No. Floor Levels:
2.0
Floor Area Fin - Above Main:
734 sq. ft.68.2 m2
Floor Area Fin - Above Main 2:
0 sq. ft.0 m2
Floor Area Fin - Main:
966 sq. ft.89.7 m2
Floor Area Fin - Total:
2,575 sq. ft.239 m2
# Of Garage Spaces:
2.0
Patio And Porch Features:
Patio, Deck
Parking Features:
Garage Double, Front Access, Lane Access
Parking:
Garage Double
Parking Total/Covered:
2 / 2
Private Yard
Laundry In Common Area
North Shore and Mountain
Shopping Nearby
1
Dishwasher, Refrigerator, Laundry In Common Area
Washer/Dryer, Dishwasher, Refrigerator, Stove
Common Area
Age Restrictions:
No
Home Owners Association:
No
Land Lease:
No
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Electricity:
Yes
Sewer:
Public Sewer
View of front of home with a balcony and stairs
Living room featuring wood finished floors and beam ceiling
Living area with light wood-style floors and beam ceiling
Living room with wood finished floors and baseboards
Living area with light wood-type flooring and beamed ceiling
Living room featuring wood finished floors and beamed ceiling
Living area featuring light wood-type flooring
Sitting room with light wood-type flooring and beam ceiling
Home office with light wood-style floors
Office space with light wood-style floors
Bedroom featuring light wood-style floors and baseboards
Bedroom featuring wood-type flooring and baseboards
Kitchen with white electric range, light countertops, white cabinetry, open shelves, and backsplash
Kitchen featuring white cabinetry, white range with electric stovetop, light countertops, backsplash, and light tile patterned floors
Kitchen with white range with electric stovetop, backsplash, light countertops, white cabinets, and light tile patterned flooring
Kitchen with freestanding refrigerator, white cabinets, light countertops, light tile patterned floors, and decorative backsplash
Bathroom featuring toilet and washtub / shower combination
Ensuite bathroom with shower / washtub combination and light wood-style flooring
Empty room with light wood-type flooring
Empty room with light wood-type flooring and baseboards
Kitchen featuring freestanding refrigerator, white cabinets, backsplash, dark countertops, and light wood-style flooring
Stairway featuring wood walls
Bedroom with light wood-style floors and recessed lighting
Kitchen featuring freestanding refrigerator, white cabinets, backsplash, dark countertops, and black microwave
Kitchen with track lighting, white cabinetry, electric range, decorative backsplash, and dark tile patterned floors
Bedroom with wood finished floors
Office featuring light wood-style floors
Home office featuring wood finished floors and a baseboard heating unit
Full bathroom with vanity and shower / bath combination with curtain
Patio / terrace with a residential view and area for grilling
Balcony with area for grilling and a residential view
Full bath featuring a shower stall
View of front of house with a balcony and stucco siding
View of front of home featuring a balcony and stairs
Back of property with a fenced backyard and a balcony
Data was last updated March 24, 2026 at 07:40 PM (UTC)
Area Statistics
Listings on market:
157
Avg list price:
$1,499,000
Min list price:
$419,000
Max list price:
$5,400,000
Avg days on market:
42
Min days on market:
1
Max days on market:
714
Avg price per sq.ft.:
$1,066.67
These statistics are generated based on the current listing's property type
and located in
Grandview Woodland. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.