Open House Apr 2nd, 10AM-12PM

2223 E 8th Avenue

$1,948,000

Grandview Woodland, Vancouver East

5 Bedrooms

4 Bathrooms

2,575 sqft

House

2223 E 8th Avenue, Grandview Woodland, Vancouver East

About this House in Grandview Woodland

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. OH Thu Apr 2, 10 am -12 pm OH Sun Apr 5, 2 pm - 4 pm

Listed by Oakwyn Realty Ltd..

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. OH Thu Apr 2, 10 am -12 pm OH Sun Apr 5, 2 pm - 4 pm
Listed by Oakwyn Realty Ltd..

Read More

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. OH Thu Apr 2, 10 am -12 pm OH Sun Apr 5, 2 pm - 4 pm

Listed by Oakwyn Realty Ltd..

Vancouver, Fraser Valley and Chilliwack MLS® Reciprocity Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Yuliya Lys PREC* & Derek Grech for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

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More Details
  • MLS®: R3102999
  • Bedrooms: 5
  • Bathrooms: 4
  • Type: House
  • Size: 2,575 sqft
  • Lot Size: 4,026 sqft
  • Frontage: 33.00 ft
  • Full Baths: 4
  • Half Baths: 0
  • Taxes: $9619.63
  • Parking: Garage Double, Front Access, Lane Access (2)
  • View: North shore and mountain
  • Basement: Exterior Entry
  • Storeys: 2 storeys
  • Year Built: 1912

I am interested in this property!

604.500.5838



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Grandview Woodland, Vancouver East

Latitude: 49.2633841

Longitude: -123.0594418

V6B 1A8

Grandview Woodland, Vancouver East


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