Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · Retail · Vancouver

1250 Commercial Drive

Vancouver, BC V5L3X4

$850,000

77 days on market

Bedrooms
0
Bathrooms
0
Floor area
680 sq ft
Type
Retail
Year built
1997
Strata fee
$528.18/mo
Taxes
$9,408.12 (2025)
MLS®
C8080613

About this home

Excellent income-producing investment with an approximate 5.08% cap rate and long-term stable rental income. Prime retail investment opportunity on vibrant Commercial Drive. This approximately 680 SF strata retail unit is fully leased to an established long-term tenant with a renewal option, providing secure and reliable cash flow. Includes 1 secured underground parking stall. Major capital improvements include building-wide plumbing replacement (2022) and a new HVAC system (2023), minimizing future maintenance concerns. A turnkey investment opportunity in one of Vancouver's most sought-after retail locations.

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$3,764
Strata fee$528
Property taxannual ÷ 12$784
Est. monthly total$5,076
Down payment + BC property transfer taxbefore any first-time buyer exemption$185,000

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