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485 Victoria Drive

Hastings, Vancouver East

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485 Victoria Drive

Hastings, Vancouver East

$2,175,000

About this Multi-Family Commercial

PRIME CORNER LEGAL TRIPLEX ON 41X122 lot. Four-unit rental property substantially updated in 2025 with new roof, hot water tank, freshly painted and new bachelor suite. Two 2-bedroom 1 bath units (876 sf each), One 3-bedroom 1 bath (1030 sf) and One Bachelor unit (526 sf). Perfect for investor to hold, live, rent or build in a prime central location off Commercial "The Drive" shopping district. Previously approved building plan for 4 storey, 11-unit dwelling in RM-4 Zoning. 95/100 Walk Score. Central location steps to transit, grocery stores, parks and schools. Potential 5% Cap rate with additional upside for future development.

Listed by Success Realty & Insurance Ltd.

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Features

  • Type: Multi-Family Commercial
  • Sub Type: Multi Family
  • Year Built: 1937
  • Taxes: $6243.05
  • Maintenance: $0.00
  • Zoning: RM-4
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778.829.1105

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