2223 E 8TH AVENUE, Vancouver
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 (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. Ideally located near Commercial Drive, transit, shopping, and recreation. OpenH Sat, May 16, 2:30 - 4:00 pm OpenH Sun, May 17, 2:00 - 4:00 pm (id:62865)
Status
Active
Year Built
1912
Property Type
House
Ownership
Freehold
Parking Spaces
2
Annual Tax
$9,620
Tax Year
2025
Parcel Number
004-236-840
Data Source
Greater Vancouver REALTORS®
Bedrooms
5
Bathrooms
4
Living Area
2575 square feet
Architectural Style
2 Level
Basement
Separate entrance
Appliances
Lot Size
4026.0 sqft
Frontage
33.0 feet
View
View
Lot Features
Heating
Forced air, Electric
$1,898,000
Office
Oakwyn Realty Ltd.
Loan Amount:
$1,518,400
Estimated Monthly Payment:
$7,399
This is an estimate for informational purposes only. Consult with a financial advisor.
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