465-485 Victoria Drive

$2,175,000 |   MLS® Number  C8072833

Multi-family for sale in Hastings, Vancouver, Vancouver East, 465-485 Victoria Drive, 224977902 | Realtylink.org

Multi-family for sale

Year Built
1937
Floor Area
5,042 sqft
Lot Size
5,042 sqft
Gross Property Tax
$6,243.05 /year
Building Type
Freestanding, Low Rise (2-4 storeys)
Zoning
RM-4
Subject Property Width
41.23 ft
Subject Property Depth
122.3 ft
Amenities
Balconies, Laundry Facility, Fenced Yard
Suite Mix Information
x Bachelor/Studio, 2 x 1 ½, 1 x 3 ½
Financial Summary
$88,668

PRIME CORNER LEGAL TRIPLEX ON 41X122 lot. Four-unit rental property substantially updated in 2025 with new roof, hot water tank, freshly painted and new bachelor suite. Two 2-bedroom 1 bath units (876 sf each), One 3-bedroom 1 bath (1030 sf) and One Bachelor unit (526 sf). Perfect for investor to hold, live, rent or build in a prime central location off Commercial "The Drive" shopping district. Previously approved building plan for 4 storey, 11-unit dwelling in RM-4 Zoning. 95/100 Walk Score. Central location steps to transit, grocery stores, parks and schools. Potential 5% Cap rate with additional upside for future development.