221 E GEORGIA STREET, Vancouver
Prime mixed-use investment in the heart of historic Chinatown/Strathcona. This 3-storey character building (1912) features a large street-front retail unit and 16 Single Room Accommodation (SRA) rooms above, including 6 with private washrooms. Solid structure with recent roof work completed (2020) and rear steel staircase (replaced in 2022). Approx. $171,000 gross and $140,000 net income when fully leased/rented (5.41% cap rate). Exceptional location steps to transit, downtown, and the new St. Paul's Hospital. Reliable income property with value-add and redevelopment potential. (id:62865)
Status
Active
Year Built
1912
Annual Tax
$11,298
Tax Year
2025
Data Source
Greater Vancouver REALTORS®
Living Area
1353 square feet
Lot Size
3050.0 sqft
Lot Features
Sewer
Storm sewer
Utilities
$2,598,000
Office
RE/MAX Real Estate Services
Loan Amount:
$2,078,400
Estimated Monthly Payment:
$10,128
This is an estimate for informational purposes only. Consult with a financial advisor.
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