Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · Multi-family · Vancouver

341 E Hastings Street

Vancouver, BC V6A1P3

$4,800,000

159 days on market

Bedrooms
0
Bathrooms
0
Floor area
3,050 sq ft
Type
Multi-family
Year built
1910
Taxes
$18,173.60 (2025)
MLS®
C8078404

About this home

GOOD INVESTMENT!!opportunities, income and redevelopment DTES.. 36-room building, SRO and single retail space at DTES, Revenue 2024/2025 $350K. Convenient location with easy access to services and transportation, near the new Saint Paul Hospital, which will open in February 2027. It's just a 5-minute walk to the new hospital, a 10-minute bus ride to downtown Vancouver, and a 15-minute ride to the Sky Train station. This building and land are ideal for both short-term and long-term investments, with plenty of potential for a variety of uses. A four-story low-rise mixed-use building in the Downtown Eastside offers 36 rooms and a single retail store. The lot spans 3,050 square feet, with a total usable space of 12,200 square feet plus an unfinished 3,050-square-foot basement. This piece of land offers great flexibility, with options ranging from constructing a 12-story building, land assembly. Lease for five years with an option to extend for another five years. Need to put $300K into renovations.

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$21,253
Strata fee$0
Property taxannual ÷ 12$1,514
Est. monthly total$22,768
Down payment + BC property transfer taxbefore any first-time buyer exemption$1,118,000

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Listing courtesy of LeHomes Realty Premier. View on REALTOR.ca

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