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326 Powell Street street 42 Unit Apartment Building Offered at $3,200,000 CAD at a 3.70% Cap Rate Vancouver, BC V6A 1G4
Executive Summary
Exceptional investment opportunity in the heart of Vancouver’s historic Chinatown. This building operates as a Rooming House / Hotel and has 42 units in total, ideal for transitional housing, hostel-style accommodations, or long-term room rentals. Zoned DEOD, it allows for a variety of commercial and residential uses, making it an ideal candidate for repositioning or redevelopment (subject to city approval).
Property Facts
| Price | $3,200,000 CAD | Property Type | Multifamily |
| Price Per Unit | $76,190 CAD | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Size | 3,050 SF |
| Cap Rate | 3.70% | No. Stories | 4 |
| No. Units | 42 | Year Built | 1901 |
| Zoning | DEOD | ||
| Price | $3,200,000 CAD |
| Price Per Unit | $76,190 CAD |
| Sale Type | Investment |
| Cap Rate | 3.70% |
| No. Units | 42 |
| Property Type | Multifamily |
| Apartment Style | Mid-Rise |
| Building Size | 3,050 SF |
| No. Stories | 4 |
| Year Built | 1901 |
| Zoning | DEOD |
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Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (93)
Bike Score®
Very Bikeable (85)
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Presented by
Dracco Pacific Realty
326 Powell Street street
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