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Additional details

Nader Bakhoum,PMP, P.Eng.

info@home-nader.com +1(604) 612-7228

$ 2,350,000

Est. payment | -/mo

5,227 Sqft Lot

Save

$ 2,350,000

Est. payment | -/mo

Save

5,227 Sqft Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type Asset

MLS Listing ID C8080692

Lot Size 5,227 Sqft

Property Sub-Type Multi Family

Property Description

London Pacific is pleased to present The Prince (the "Property"), a rare opportunity to acquire a meticulously maintained six-suite apartment building near Vancouver's iconic Commercial Drive. Located in the highly desirable Grandview-Woodland neighbourhood, the Property is positioned steps from the area's renowned restaurants, cafes, boutiques, and transit. Constructed in 1952, the building sits on a 5,367 SF mid-block lot (approximately 44' x 122') with future assembly potential to complete the block. The Prince offers stable in-place cash flow with meaningful value-add potential through strategic suite turnover, renovations, and rental optimization. Owned and meticulously maintained by the same family for decades, the Property represents a true pride-of-ownership asset in one of Vancouver's most established and supply-constrained rental markets. A secure three-bay garage, accessed from the rear lane, provides additional income through month-to-month rentals while offering future revenue enhancements.

Location

Province BC

Community Hastings

Area Vancouver East

Zoning RM-4

Interior

Appliance Common Water Heater

Exterior

Roof Type Torch On

Building

Sewer Public Sewer

Water Public

Others

Restrictions None Known

Ownership Freehold

Security Features Building Security

1775 Adanac ST Vancouver, BC V5L 2C8