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928 COMMERCIAL DRIVE, Vancouver, British Columbia, V5L 3W7

MLS® # C8081112
new listing
Investment For Sale In Vancouver, British Columbia
$7,500,000
928 Commercial Drive, Vancouver, BC - Outdoor With Facade
928 Commercial Drive, Vancouver, BC - Indoor Photo Showing Kitchen With Upgraded Kitchen
928 Commercial Drive, Vancouver, BC - Indoor Photo Showing Living Room
928 Commercial Drive, Vancouver, BC - Indoor Photo Showing Bedroom
928 Commercial Drive, Vancouver, BC - Indoor Photo Showing Bathroom
928 Commercial Drive, Vancouver, BC - Indoor
928 Commercial Drive, Vancouver, BC - Indoor
928 Commercial Drive, Vancouver, BC - Indoor
928 Commercial Drive, Vancouver, BC - Outdoor With Exterior
928 Commercial Drive, Vancouver, BC - Outdoor With Exterior
928 Commercial Drive, Vancouver, BC - Outdoor With Facade
928 Commercial Drive, Vancouver, BC - Indoor Photo Showing Kitchen With Upgraded Kitchen
928 Commercial Drive, Vancouver, BC - Indoor Photo Showing Living Room
928 Commercial Drive, Vancouver, BC - Indoor Photo Showing Bedroom
928 Commercial Drive, Vancouver, BC - Indoor Photo Showing Bathroom
928 Commercial Drive, Vancouver, BC - Indoor
928 Commercial Drive, Vancouver, BC - Indoor
928 Commercial Drive, Vancouver, BC - Indoor
928 Commercial Drive, Vancouver, BC - Outdoor With Exterior
928 Commercial Drive, Vancouver, BC - Outdoor With Exterior
Home Insurance - TD Insurance
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928 COMMERCIAL DRIVE, Vancouver, British Columbia, V5L 3W7
$7,500,000

Property Information:

Rare opportunity to acquire a newly completed mixed-use investment property in the heart of Vancouver's vibrant Commercial Drive neighbourhood. This attractive five-storey building features 10 modern rental apartments plus approximately 937 sq. ft. of high-exposure street-front retail, creating a diversified income stream from one well-located asset. Completed in 2024, the property offers approximately 12,830 sq. ft. of building area, three secured parking stalls, contemporary finishes, balconies, elevator service and convenient rear-lane access. Situated along one of East Vancouver's most established shopping, dining and entertainment corridors, with excellent walkability, transit connections and strong rental demand. An ideal opportunity for investors seeking a newer, low-maintenance Vancouver rental property with long-term income and growth potential. Detailed financial information and supporting documents are available to qualified purchasers upon execution of a confidentiality agreement. (id:27)

Building Features:

  • Style: Multiplex
  • Amenities: Balconies, Street Lighting
  • Floor Space: 12830 sqft Square Feet

Property Features:

  • Property Type: Multi-family
  • Built in: 2024
  • Features: Lane, Passenger elevator
  • Floor Space (approx): 12830 Square Feet
  • Irregular: Yes
  • Lot Size: 3432.00 Square Feet
  • Road Type: Paved road
  • Utility Type: Sewer - Available, Water - At Lot Line, Hydro - Available
  • Zoning: C-2C1 COMMERCIAL
  • Sewer: Storm sewer

Courtesy of: Renanza Realty Inc.

REALTOR.ca  

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Market Price Trends

Single family detached

1.57%

Price change (1 year)

31.42%

Price change (5 years)

All Properties

4.74%

Price change (1 year)

31.36%

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 928 COMMERCIAL DRIVE, Vancouver, British Columbia, V5L 3W7

Demographic Information of 928 COMMERCIAL DRIVE, Vancouver, British Columbia, V5L 3W7

Life Stage

Young Singles

Employment Type

White Collar

Average Household Income

$128,498.17

Average Number of Children

1.52

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.56 %

High school certificate or equivalent

23.46 %

Apprenticeship trade certificate/diploma

6.11 %

College/non-university certificate

15.72 %

University certificate (below bachelor)

2.95 %

University Degree

40.19 %

Commuter

Travel To Work

By Car

49.27 %

By Public Transit

14.83 %

By Walking

18.92 %

By Bicycle

16.75 %

By Other Methods

0.23 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

75.66 %

Houses

24.34 %

Own Vs. Rent

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