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Vancouver, BC V5L2L2 1923 Parker Street

$4,188,000

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  • MLS# R3002573
  • 05/13/2025
  • Request Tour
  • Request Info
Presented By: Stilhavn Real Estate Services
  • Beds • 9
  • Baths • 9
  • SQFT • 6,216
  • Year Built • 1965

Home Details

Exceptional investment opportunity in the heart of East Vancouver’s sought after Commercial Drive neighborhood. This 3 level walk-up apartment building features 9 modern 1 bedroom units, each with private outdoor space, dishwashers and in-suite laundry. The units have all been recently and tastefully updated, including flooring, kitchens and bathrooms. Set on a large 50' x 122' lot, the building is in excellent condition with low tenant turnover. Unbeatable location on a quiet tree-lined street just steps to restaurants, shops, transit and bike routes, with easy access to downtown and the new St. Paul’s Hospital. This is a fantastic, turnkey revenue property with a solid cap rate in one of the city’s most popular, high demand areas.
Presented By: Stilhavn Real Estate Services

Interior Features for 1923 Parker Street

Bedrooms

Total Bedrooms9

Bathrooms

Bathroom 2 LevelMain
Bathroom 3 LevelMain
Bathroom 4 LevelAbove
Bathroom 5 LevelAbove
Half Baths
Main Level Bathrooms6
Total Baths9

Other Interior Features

Above Grade Finished Area6216
Air Conditioning Y/NNo
BasementNone
Below Grade Finished Area0
Fireplace Y/NNo
FlooringLaminate, Tile
Heating Y/NYes
Interior AmenitiesStorage
Laundry FeaturesIn Unit

General for 1923 Parker Street

Architectural Style3 Storey
Carport Y/NNo
CityVancouver
Community FeaturesShopping Nearby
Construction MaterialsFrame Wood, Mixed (Exterior)
Full Baths9
Garage Y/NNo
Gross Income233411
HeatingBaseboard, Hot Water
Land Lease Y/NNo
Legal DescriptionLOT E, BLOCK 20, PLAN VAP1067, DISTRICT LOT 264A, NEW WESTMINSTER LAND DISTRICT, & PL 1771
LevelsThree Or More
Lot Size Square Feet6100
Lot Size UnitsSquare Feet
MLS AreaVancouver East
MLS Area MinorGrandview Woodland
ModificationTimestamp2025-08-22T23:41:55.100Z
Net Operating Income185911
New ConstructionNo
Number Of Units Total9
Operating Expense47500.44
OwnershipFreehold NonStrata
Patio/Porch FeaturesPatio, Deck
Property SubtypeOther
Property TypeResidential Income
Security FeaturesNo Fire Sprinkler System, Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer, Sanitary Sewer, Storm Sewer
Standard StatusActive
StatusActive
Stories Count3
Structure TypeMulti Family
Subdivision NameThe Drive
Tax Annual Amount9971.81
Tax Year2024
Total Rooms30
UtilitiesElectricity Connected, Natural Gas Connected, Water Connected
Virtual TourClick here
Year Built1965
ZoningRT-5

Exterior for 1923 Parker Street

Building Area Total6216
Exterior AmenitiesBalcony
Foundation DetailsSlab
Frontage Length50
Lot Dimensions50 x 122
Lot FeaturesCentral Location, Recreation Nearby
Lot Size Acres0.14
Lot Size Area6100
Parking FeaturesOpen, Rear Access
SpaNo
Total Parking5
Water SourcePublic
Waterfront Y/NNo

Additional Details

NAV SEKHON

Realtor
Price $4,188,000
MLS#R3002573
List Date 05/13/2025
Property Type Multi-Family
Phone
Request Tour
Request Info
Visit My Website

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