




$1,788,000
Listed by: Engel & Volkers Vancouver · MLS®
INVESTOR ALERT! Never before on the market. This 3-unit multi-family conversion offers massive value-add potential under Vancouver’s R1-1 zoning. The upper level is a 2-bed, 1-bath suite that can be converted into 3 beds. The main floor features a 2-bed, 1-bath layout easily reconfigured into a 3-bed suite. Below is a bright 1-bed, 1-bath lower level. A premier investment holding property in a world-class location: close to the SkyTrain, transit lines, Commercial Drive, and minutes from Downtown. Perfect for immediate rental income, multi-generational living, or long-term multiplex holding. Call now for full details!
MLS® #
R3178820
Status
Active
Type
Residential
Sub-type
Single Family Residence
Ownership
Freehold NonStrata
Bedrooms
5
Full Baths
3
Half Baths
0
Fireplaces
0
Living Area
2,460 sqft
Main Floor
873 sqft
Basement
Yes
Lot Size
3,507.52 sqft
Lot Dimensions
32.95 x 106.45
Frontage
32.95
Year Built
1910
Age
116 years
Structure
Residential Detached
Parking Stalls
4
Parking Type
Open, Rear Access
Taxes
$8,480.64/yr
MLS® Area
Victoria VE
City
Vancouver
Postal Code
V5N 4M7
Heating
Forced Air
Laundry
In Unit
Interior Features
Storage
Exterior Features
Garden · Balcony
Lot Features
Central Location, Lane Access, Recreation Nearby
Community
Shopping Nearby
Coordinates: 49.251064, -123.065319 · Map data © Google
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Transit-Oriented Area — Tier 3
~770 m from Nanaimo SkyTrain station
Provincial law requires the city to allow at least 3.0 FAR and 8 storeys for residential here — well above typical single-family zoning. Potential land-assembly interest from developers.
Multiplex potential: on a ~326 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.
~770 m straight-line to Nanaimo 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.