Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · Retail · Vancouver

1835 W 1ST Avenue

Vancouver, BC V6J5J1

$899,000

60 days on market

Bedrooms
0
Bathrooms
0
Floor area
401 sq ft
Type
Retail
Year built
1995
Strata fee
$471.39/mo
Taxes
$4,219.89 (2025)
MLS®
C8081106

About this home

Investor Alert! Excellent Kitsilano retail investment opportunity steps from Kits Beach. This 401 sq. ft. street-front unit offers strong exposure and pedestrian traffic in one of Vancouver's most vibrant neighbourhoods. Leased to Grab Glow Grow under a new 5-year lease generating net rent of $42,000 annually, with 3% yearly increases. Offered at $899,000, providing a 4.67% first-year return and projected 5.26% return by Year 5. The proposed redevelopment of the nearby former Molson Brewery site may further support future density, commercial activity and long-term value appreciation. Buyers must conduct their own due diligence and independently verify all details.

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$3,981
Strata fee$471
Property taxannual ÷ 12$352
Est. monthly total$4,804
Down payment + BC property transfer taxbefore any first-time buyer exemption$195,780

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Listing data is supplied through the CREA Data Distribution Facility (DDF®) by members of CREA and is deemed reliable but not guaranteed. Information should be independently verified.

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