Property Description

Exceptional investment opportunity in the heart of East Vancouver’s sought after Commercial Drive neighborhood. This 3 level walk-up apartment building features 9 modern 1 bedroom units, each with private outdoor space, dishwashers and in-suite laundry. The units have all been recently and tastefully updated, including flooring, kitchens and bathrooms. Set on a large 50' x 122' lot, the building is in excellent condition with low tenant turnover. Unbeatable location on a quiet tree-lined street just steps to restaurants, shops, transit and bike routes, with easy access to downtown and the new St. Paul’s Hospital. This is a fantastic, turnkey revenue property with a solid cap rate in one of the city’s most popular, high demand areas.

Property Information

Address	1923 Parker Street Vancouver East, BC
List Price	$4,098,000
Dwelling Type	Residential Income
Gross Taxes	$11,443 (2025)
Total Baths	9
Lot Dimentions	50 x 122
Total Bedrooms	9
Lot Sz (Acres)	0.14
Lot Sz (Sq Ft)	6100
View	YES
View -Type	Mountain
Property Type	Other
List Date	2026-04-08
Age	61
Floor Area (Sq Ft)	6216
Frontage	50
MLS® Number	R3109349
Community	Grandview Woodland
Area	Vancouver East
Ownership	Freehold NonStrata
Listing Provided by:	Stilhavn Real Estate Services