1555 E 5th Avenue
Grandview Woodland Vancouver V5N 1L6

$3,299,900
Multi-Family Commercial

Main Photo: 1555 E 5th Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8050000
Photo 1: 1555 E 5th Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8050000
Photo 2: 1555 E 5th Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8050000
Photo 3: 1555 E 5th Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8050000
Photo 4: 1555 E 5th Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8050000
Photo 5: 1555 E 5th Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8050000
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8050000
Build. Type:
Freestanding
Fantastic East Vancouver location - just off Commercial Drive & Broadway! Close to all amenities and services; 6 minute walk to Skytrain. Very well maintained 3 storey asset. Interesting suite mix of mostly bachelors, with two 1-bedroom & one 2-bedroom suites. Windows recently replaced - no outstanding major maintenance issues at all. Please do not disturb the residents - call for additional info.
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Frame Wood
Num Storeys:
3
Building Type:
Freestanding, Low Rise (2-4 storeys)
# Bldgs:
1
# Units Total:
8
# Other Units:
8
# of Apartments:
8
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
5
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
2
# of 2 Bedroom Apartments:
1
# of 3 Bedroom Apartments:
0
Year built:
1963 (Age: 62)
Living Area:
5,662 sq. ft.
Subject Property Depth:
122'
Subject Property Width:
50'
Title to Land:
Freehold
Lot Area:
6,098.4 sq. ft.
Zoning:
RM-4
Potential to Redevelop:
Not immediately, No
# Of Parking Spaces - Total:
5
Road Frontage:
Lane
Road Surface:
Paved
Heating:
Baseboard, Electric
Cooling:
Electric
Electricity:
Yes
Services Connected:
Curb/Gutter, Electricity Connected, Phone Connected, Street Lighting, Sidewalk
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Parcel Number:
008734925
Taxes:
$6,741.17 / 2022
Balconies, Laundry Facility
No
Building Security
1.395%
None Known
No
# Elevators:
0
Water Supply:
Public
Water Rights:
No
Potential to Redevelop:
Not immediately, No
Env Assmt Phase:
No
Cap Rate %:
3.4
Gross Income:
128175.0
Oper. Expenses:
21444.0
Other Income:
$5,400
Effective Gross Income:
$133,575
Net Operating Income:
$112,131
Original Price:
$3,299,900
  • Photo 1: 1555 E 5th Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8050000
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  • Photo 2: 1555 E 5th Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8050000
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  • Photo 3: 1555 E 5th Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8050000
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  • Photo 4: 1555 E 5th Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8050000
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  • Photo 5: 1555 E 5th Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8050000
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Listed by RE/MAX Sabre Realty Group
Data was last updated April 21, 2025 at 05:35 PM (UTC)
DAVID KEARNEY