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2223 E 8th Avenue, Grandview Woodland, Vancouver
$1,948,000
$1,948,000
Other Plex for sale
2223 E 8th Avenue, Grandview Woodland, Vancouver
Features
Style
3 Storey, Two Storey, Three Or More Storey
Year Built
1912
Floor Area
2,575 sqft
Lot Size
4,026 sqft
Lot Frontage
33 ft
Laundry Features
Common Area
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Exterior Features
Private Yard
Security Features
No Fire Sprinkler System, Partial Smoke Detector(s)
Community
Shopping Nearby
Parking Features
Garage Double, Front Access, Lane Access
Parking Spaces
2
View
North Shore and Mountain
Property Taxes
$9,619 (2025)
Description
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 main unit (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.
MLS® Number R3103008
Price History
| Date | Status | Price |
|---|---|---|
| Jun, 18, 2014 | Sold | $1,022,000 |
| Mar, 26, 2009 | Sold | $680,000 |
| Sep, 29, 1992 | Sold | $281,500 |
| Apr, 03, 1992 | Sold | $242,000 |
| Mar, 13, 1991 | Sold | $200,000 |