House
5 Bedrooms
4 Bathrooms
Size: 2,575 sqft
Built in 1912
$1,948,000
About this House in Grandview Woodland
Investor opportunity in a prime residential area on a great block. This three-level property produces approx. $100K annual NOI with an estimated 5% cap rate, or live in the main unit and collect about $70K rent from other units. Income setup includes: $2,500 main unit (incl. garage), $2,100 upper (tenanted), plus $1,350, $1,000, and $900 units all rented, and $350 from the garage/workshop. Enjoy a top-floor deck with mountain views, shared coin laundry, bike storage, and a charming backyard. Ideally located near Commercial Drive, transit, shopping, and recreation. Open House Sun Mar 29 2pm - 4pm.
Listed by Oakwyn Realty Ltd..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Lynn Le Drew for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
More Details
- MLS®R3102999
- Bedrooms5
- Bathrooms4
- TypeHouse
- Size2,575 sqft
- Lot Size4,026 sqft
- Frontage33.00 ft
- Full Baths4
- Half Baths0
- Taxes$9619.63
- ParkingGarage Double, Front Access, Lane Access (2)
- ViewNorth shore and mountain
- BasementExterior Entry
- Storeys2 storeys
- Year Built1912
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The Neighbourhood and Accessibility of 2223 E 8th Avenue, Grandview Woodland, Vancouver East
More about Grandview Woodland, Vancouver East
Grandview-Woodland overlaps with Grandview VE but stretches farther north to Hastings Street and south toward Trout Lake. The neighbourhood blends lively commercial corridors with quiet, tree-lined residential streets, offering both energy and retreat. Housing is diverse, with early 20th-century character homes, rental apartments, co-ops, and a growing number of modern condo projects. Its strong community spirit, cultural richness, and excellent transit access make it one of East Vancouver’s most desirable and well-connected areas, appealing to families, professionals, and long-time residents alike.
