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477 Powell St
Vancouver, BC V6A 1G7
Multifamily Property For Sale
·
10 Units
Investment Highlights
- Prime location in a culturally vibrant, high-growth neighborhood with strong tenant demand
- One storage with large private balconies, south-facing park views with individually metered electricity
- Ground-floor retail unit with soaring ceilings and electronic security shutters
- Outdoor space
Executive Summary
Fully Tenanted Mixed-Use Building | Prime Investment Opportunity Originally built in 1991 and thoughtfully updated, this fully tenanted building offers a stable income stream with a 5% capitalization rate. The property features a well-balanced mix of residential and retail space, including three spacious 2-bedroom residential units one retail unit, and one storage with large private balconies, south-facing park views with individually metered electricity. Designed in a unique courtyard style, the building provides residents with secure and generous outdoor space. On the ground floor, a high-visibility retail unit with soaring ceilings and electronic security shutters is leased to a popular local convenience store, ensuring reliable commercial tenancy and steady foot traffic. Ideally located in a vibrant, fast-growing neighborhood, this property presents a compelling opportunity for investors seeking long-term value and exposure to one of the area's most culturally dynamic corridors.
Property Facts
| Price Per Unit | $267,000 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | B |
| Sale Condition | High Vacancy Property | Lot Size | 0.07 AC |
| No. Units | 10 | Building Size | 9,168 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1991 |
| Zoning | DEOD - DEOD Development | ||
| Price Per Unit | $267,000 CAD |
| Sale Type | Investment |
| Sale Condition | High Vacancy Property |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.07 AC |
| Building Size | 9,168 SF |
| No. Stories | 3 |
| Year Built | 1991 |
| Zoning | DEOD - DEOD Development |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Storage Space
- Heating
- Kitchen
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Private Bathroom
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+0 | 10 | - | - |
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