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477 POWELL STREET, Vancouver, British Columbia, V6A 1G7

MLS® # C8076073
Investment For Sale In Downtown Eastside, Vancouver, British Columbia
$2,299,000
477 Powell Street, Vancouver, BC - Outdoor
477 Powell Street, Vancouver, BC - Outdoor
477 Powell Street, Vancouver, BC - Outdoor
477 Powell Street, Vancouver, BC - Indoor
477 Powell Street, Vancouver, BC - Indoor With Storage
477 Powell Street, Vancouver, BC - Indoor Photo Showing Bathroom
477 Powell Street, Vancouver, BC - Indoor
477 Powell Street, Vancouver, BC - Indoor
477 Powell Street, Vancouver, BC - Indoor Photo Showing Garage
477 Powell Street, Vancouver, BC - Outdoor
477 Powell Street, Vancouver, BC - Indoor
477 Powell Street, Vancouver, BC - Indoor Photo Showing Other Room
477 Powell Street, Vancouver, BC - Indoor Photo Showing Other Room
477 Powell Street, Vancouver, BC - Indoor Photo Showing Bathroom
477 Powell Street, Vancouver, BC - Indoor Photo Showing Laundry Room
477 Powell Street, Vancouver, BC - Indoor Photo Showing Kitchen With Double Sink
477 Powell Street, Vancouver, BC - Indoor Photo Showing Other Room
477 Powell Street, Vancouver, BC - Indoor Photo Showing Other Room
477 Powell Street, Vancouver, BC - Indoor Photo Showing Other Room
477 Powell Street, Vancouver, BC - Indoor Photo Showing Kitchen
477 Powell Street, Vancouver, BC - Indoor Photo Showing Kitchen
477 Powell Street, Vancouver, BC - Outdoor With Exterior
477 Powell Street, Vancouver, BC - Indoor Photo Showing Kitchen
477 Powell Street, Vancouver, BC - Indoor Photo Showing Kitchen
477 Powell Street, Vancouver, BC - Indoor Photo Showing Bathroom
477 Powell Street, Vancouver, BC - Outdoor
477 Powell Street, Vancouver, BC - Outdoor
477 Powell Street, Vancouver, BC - Outdoor With Exterior
477 Powell Street, Vancouver, BC - Outdoor With Exterior
477 Powell Street, Vancouver, BC - Indoor Photo Showing Other Room
477 Powell Street, Vancouver, BC - Indoor Photo Showing Other Room
477 Powell Street, Vancouver, BC - Indoor Photo Showing Kitchen With Double Sink
477 Powell Street, Vancouver, BC - Indoor Photo Showing Kitchen With Double Sink
477 Powell Street, Vancouver, BC - Indoor Photo Showing Other Room
477 Powell Street, Vancouver, BC - Indoor Photo Showing Other Room
477 Powell Street, Vancouver, BC - Indoor Photo Showing Other Room
477 Powell Street, Vancouver, BC - Outdoor With Exterior
477 Powell Street, Vancouver, BC - Indoor Photo Showing Other Room
477 Powell Street, Vancouver, BC - Outdoor
477 Powell Street, Vancouver, BC - Outdoor
477 Powell Street, Vancouver, BC - Outdoor
477 Powell Street, Vancouver, BC - Indoor
477 Powell Street, Vancouver, BC - Indoor With Storage
477 Powell Street, Vancouver, BC - Indoor Photo Showing Bathroom
477 Powell Street, Vancouver, BC - Indoor
477 Powell Street, Vancouver, BC - Indoor
477 Powell Street, Vancouver, BC - Indoor Photo Showing Garage
477 Powell Street, Vancouver, BC - Outdoor
477 Powell Street, Vancouver, BC - Indoor
477 Powell Street, Vancouver, BC - Indoor Photo Showing Other Room
477 Powell Street, Vancouver, BC - Indoor Photo Showing Other Room
477 Powell Street, Vancouver, BC - Indoor Photo Showing Bathroom
477 Powell Street, Vancouver, BC - Indoor Photo Showing Laundry Room
477 Powell Street, Vancouver, BC - Indoor Photo Showing Kitchen With Double Sink
477 Powell Street, Vancouver, BC - Indoor Photo Showing Other Room
477 Powell Street, Vancouver, BC - Indoor Photo Showing Other Room
477 Powell Street, Vancouver, BC - Indoor Photo Showing Other Room
477 Powell Street, Vancouver, BC - Indoor Photo Showing Kitchen
477 Powell Street, Vancouver, BC - Indoor Photo Showing Kitchen
477 Powell Street, Vancouver, BC - Outdoor With Exterior
477 Powell Street, Vancouver, BC - Indoor Photo Showing Kitchen
477 Powell Street, Vancouver, BC - Indoor Photo Showing Kitchen
477 Powell Street, Vancouver, BC - Indoor Photo Showing Bathroom
477 Powell Street, Vancouver, BC - Outdoor
477 Powell Street, Vancouver, BC - Outdoor
477 Powell Street, Vancouver, BC - Outdoor With Exterior
477 Powell Street, Vancouver, BC - Outdoor With Exterior
477 Powell Street, Vancouver, BC - Indoor Photo Showing Other Room
477 Powell Street, Vancouver, BC - Indoor Photo Showing Other Room
477 Powell Street, Vancouver, BC - Indoor Photo Showing Kitchen With Double Sink
477 Powell Street, Vancouver, BC - Indoor Photo Showing Kitchen With Double Sink
477 Powell Street, Vancouver, BC - Indoor Photo Showing Other Room
477 Powell Street, Vancouver, BC - Indoor Photo Showing Other Room
477 Powell Street, Vancouver, BC - Indoor Photo Showing Other Room
477 Powell Street, Vancouver, BC - Outdoor With Exterior
477 Powell Street, Vancouver, BC - Indoor Photo Showing Other Room
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477 POWELL STREET, Vancouver, British Columbia, V6A 1G7
$2,299,000

Property Information:

INVESTOR ALERT 7.58% Gross Cap, 11.0 FSR Potential & Massive Railtown Upside! Turn-key investment on the edge of vibrant Railtown. This fully tenanted mixed-use building offers 5 revenue streams: three 2-bedroom residential suites with park views/balconies, a high-visibility retail unit, and a garage/warehouse space. Separately metered for electricity, it delivers a rare 7.58% gross cap rate at the listing price. DEVELOPMENT UPSIDE: High-exposure corner lot in the DEOD with massive zoning upgrades. Capitalize on an FSR up to 11.0 for secured rental projects, heights up to 32 storeys, and slashed social housing requirements. Under Bill 18, compliant projects bypass public hearings to fast-track timelines. Minutes to the new $2.2B+ St. Paul's Hospital campus. Secure strong immediate cash flow with legendary future upside! (id:27)

Building Features:

  • Style: Multiplex
  • Amenities: Balconies
  • Floor Space: 5600 sqft Square Feet

Property Features:

  • Property Type: Multi-family
  • Built in: 1991
  • Floor Space (approx): 5600 Square Feet
  • Irregular: Yes
  • Lot Size: 3050.00 Square Feet
  • Utility Type: Natural Gas - Available, Sewer - Available, Hydro - Available
  • Zoning: DEOD COMPREHENSIVE

Courtesy of: 1NE Collective Realty Inc.

REALTOR.ca  

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Market Price Trends

All Properties

-16.64%

Price change (1 year)

0.98%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 477 POWELL STREET, Vancouver, British Columbia, V6A 1G7

Demographic Information of 477 POWELL STREET, Vancouver, British Columbia, V6A 1G7

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$89,575.39

Average Number of Children

1.48

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.48 %

High school certificate or equivalent

27.99 %

Apprenticeship trade certificate/diploma

6.44 %

College/non-university certificate

15.45 %

University certificate (below bachelor)

1.03 %

University Degree

24.62 %

Commuter

Travel To Work

By Car

31.31 %

By Public Transit

23.95 %

By Walking

30.75 %

By Bicycle

8.94 %

By Other Methods

5.06 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

94.78 %

Houses

5.22 %

Own Vs. Rent

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