Cash-flowing East Vancouver triplex with projected NOI of $88,000 and a strong 4.40% cap rate. Offered with vacant possession, all three fully upgraded units can be leased at market rents immediately. Includes two spacious 2-bed + flex suites and a studio with private entry, on a 4,396 SF RT-2 corner lot. Features include sprinklers, separate meters, dual furnaces, two hot water tanks, shared laundry, dry storage, and North Shore mountain views. Built in 1955 and modernized throughout, the property is ideal for investors or owner-occupiers seeking stable yield with future redevelopment upside in a high-demand, transit-connected rental corridor.
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Listed by Multifamily Real Estate Services Corporation
Data was last updated June 2, 2025 at 07:40 PM (UTC)
Area Statistics
Listings on market:
129
Avg list price:
$1,399,900
Min list price:
$470,000
Max list price:
$4,488,000
Avg days on market:
41
Min days on market:
4
Max days on market:
686
Avg price per sq.ft.:
$1,076.7
These statistics are generated based on the current listing's property type
and located in
Grandview Woodland. Average values are
derived using median calculations.