Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · Multi-family · Vancouver

221 E Georgia Street

Vancouver, BC V6A1Z6

$2,598,000

323 days on market

Bedrooms
0
Bathrooms
0
Floor area
1,353 sq ft
Type
Multi-family
Year built
1912
Taxes
$11,298.10 (2025)
MLS®
C8073870

About this home

Prime mixed-use investment in the heart of historic Chinatown/Strathcona. This 3-storey character building (1912) features a large street-front retail unit and 16 Single Room Accommodation (SRA) rooms above, including 6 with private washrooms. Solid structure with recent roof work completed (2020) and rear steel staircase (replaced in 2022). Approx. $171,000 gross and $136,000 net income when fully leased/rented (5.23% cap rate). Exceptional location steps to transit, downtown, and the new St. Paul's Hospital. Reliable income property with value-add and redevelopment potential.

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$11,503
Strata fee$0
Property taxannual ÷ 12$942
Est. monthly total$12,445
Down payment + BC property transfer taxbefore any first-time buyer exemption$575,540

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Listing courtesy of RE/MAX Real Estate Services. View on REALTOR.ca

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