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2065 Triumph St 15 Unit Apartment Building $6,300,000 CAD ($420,000 CAD/Unit) Vancouver, BC V5L 1K7
Investment Highlights
- Stable multi-family investment opportunity
- Long-term redevelopment potential
- Desirable East Vancouver location
- Large two-lot corner site
- Renovated rental property
Executive Summary
Corbel Commercial is pleased to present the opportunity to acquire 2065 Triumph Street, a renovated 15-unit multifamily property in Vancouver’s established Grandview-Woodland neighbourhood.
Built in 1967, the three-storey walk-up apartment building occupies a prominent 12,073 SF corner site comprising two legal lots. The property provides stable in-place income and represents an attractive long-term holding opportunity in a desirable and supply-constrained residential neighbourhood.
The site is designated Residential Core – Apartment under the Grandview-Woodland Community Plan, which contemplates residential development of up to six storeys. This designation provides meaningful long-term redevelopment optionality while allowing an investor to benefit from ongoing rental income throughout the holding period.
Conveniently located near Commercial Drive, neighbourhood shopping, transit and everyday amenities, 2065 Triumph Street offers a compelling combination of current cash flow, underlying land value and future development potential.
Note: Photos contain virtually staged renderings.
Built in 1967, the three-storey walk-up apartment building occupies a prominent 12,073 SF corner site comprising two legal lots. The property provides stable in-place income and represents an attractive long-term holding opportunity in a desirable and supply-constrained residential neighbourhood.
The site is designated Residential Core – Apartment under the Grandview-Woodland Community Plan, which contemplates residential development of up to six storeys. This designation provides meaningful long-term redevelopment optionality while allowing an investor to benefit from ongoing rental income throughout the holding period.
Conveniently located near Commercial Drive, neighbourhood shopping, transit and everyday amenities, 2065 Triumph Street offers a compelling combination of current cash flow, underlying land value and future development potential.
Note: Photos contain virtually staged renderings.
Property Facts
| Price | $6,300,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $420,000 CAD | Building Class | C |
| Sale Type | Investment | Building Size | 20,000 SF |
| No. Units | 15 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1967 |
| Property Subtype | Apartment | ||
| Zoning | RM-3A | ||
| Price | $6,300,000 CAD |
| Price Per Unit | $420,000 CAD |
| Sale Type | Investment |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 20,000 SF |
| No. Stories | 3 |
| Year Built | 1967 |
| Zoning | RM-3A |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 15 | - | - |
1 1
Exceptionally walkable
90/100
Fairly drivable
50/100
Strong public transit
80/100
Very bikeable
80/100
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2065 Triumph St
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