About 1923 Parker Street
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.
Property Details of 1923 Parker Street
| Price | $4,188,000 |
|---|---|
| Year Built | 1965 |
| Stories in Building | 3 |
| Type | Residential Income |
| Sub-Type | Other |
| Style | 3 Storey |
| Floor Levels | 3 |
| Main Floor | 2,072 sqft |
| Total Size | 6,216 sqft |
| Bedrooms | 9 |
| Full Baths | 9 |
| Heating | Baseboard, Hot Water |
| Basement | None |
| Title to Land | Freehold NonStrata |
| Property Taxes | $9,972 |
Amenities and Features
| Parking Type | Open, Rear Access |
|---|---|
| Parking Total | 5 |
| Site Influences | Central Location, Recreation Nearby |
| View | Mountain |
Lot Size
| Lot Area | 6,100 |
|---|---|
| Frontage | 50 |
| Depth | 50 x 122 |
Listing Details
| MLS® # | R3002573 |
|---|---|
| Status | Active |
| Listing Date | May 13th, 2025 |
| Address | 1923 Parker Street |
| Subdivision | Grandview Woodland |
| Area | Vancouver East |
| Province | BC |
| Listing Office | Stilhavn Real Estate Services |