+14 more
$2,373,000
Listed by: Parallel 49 Realty · MLS®
Maximize your portfolio with this character-rich, high-yield income property generating nearly $90K in annual revenue. Perfectly situated in the heart of Grandview-Woodland, one of Vancouver’s most historic and sought-after communities, this 1912 home features 5 separate rental suites, including a bright garden suite. Spanning three stories with views of the North Shore Mountains, this property offers incredible versatility as a high-performing holding investment or a premier owner-occupier setup. With its large lot size, there is also excellent potential to build a laneway home for additional future value. Located on a quiet, tree-lined stretch of Napier Street, the home is just two blocks from Commercial Drive and Little Italy. Great central location, 10 min to DT. Call today.
MLS® #
R3172588
Status
Active
Type
Residential
Sub-type
Single Family Residence
Ownership
Freehold NonStrata
Bedrooms
5
Full Baths
5
Half Baths
0
Living Area
3,060 sqft
Main Floor
930 sqft
Basement
Yes
Lot Size
4,026 sqft
Lot Dimensions
33 x 122
Frontage
33
Year Built
1912
Age
114 years
Structure
Residential Detached
Parking Stalls
2
Garage Spaces
1
Parking Type
Additional Parking, Garage Single, Lane Access
Taxes
$7,918.57/yr
MLS® Area
Grandview Woodland
City
Vancouver
Postal Code
V5L 2N6
Heating
Baseboard · Electric · Forced Air
Appliances
Washer/Dryer · Dishwasher · Refrigerator · Stove
Exterior Features
Balcony
View
Partial north shore views
Lot Features
Central Location, Lane Access
Coordinates: 49.275070, -123.064515 · Map data © Google
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Multiplex potential: on a ~374 m² lot, BC’s small-scale housing law requires the municipality to allow at least 4 units (up to 6 near frequent transit), where it applies.
~1.4 km straight-line to Commercial — Broadway SkyTrain
Screening estimate from provincial regulations (TOA station points, B.C. Reg. 263/2023 & 265/2023; small-scale multi-unit housing rules). Distances are straight-line; actual TOA maps are set by municipal bylaw and some parcels (heritage, ALR, exempt areas) are excluded. Confirm with the municipality before relying on it.
Not in the Agricultural Land Reserve.
The listing’s flood plain disclosure is available to registered users. Create a free account or sign in.
ALR from the Agricultural Land Commission via DataBC (point check at the listing’s mapped location). Flood plain is the listing brokerage’s disclosure. Confirm both with the municipality and your lawyer.
Source: City of Vancouver Open Data
No permits found for this address in the open data registry.
