For Sale · Vancouver · Retail

$3,480,000

5868 VICTORIA DRIVE, Vancouver

4,400

Sq Ft

1967

Built

About This Home

The details.

Must See! Total Aprrox.4,118.4 SqFt (33 ft x 124.8 ft) lot size in Vancouver Victoria-Fraserview area. Located at the busy Victoria Drive, between E 41st Ave and E 44th Ave, good exposure with lots of foot traffic. 2 retail units on ground floor, each is approx. 1,200 SqFt. 2 of 2 bedroom residential units on the second floor, each is approx. 1,000 SqFt. Fully rented with long term tenants. Under C-2 zoning suit for most of commercial use. Potential for mixed-use rental development with 3.5 FSR, up to 6 storeys. A rare opportunity for people who are looking for investment or own usage property in Vancouver. Don't hesitate, call now for more details! (id:66635)

Summarizing the highlights...

MLS® C8074429Listing courtesy of RE/MAX City RealtyView on map

Property Details

Facts & features.

Property type: Retail
Year built: 1967
Size: 4,400 sqft
Lot size: 4,118 square feet
MLS number: C8074429
Data source: Greater Vancouver REALTORS®

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$16,275

$2,784,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$16,275

Cash flow

-$16,275

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Vancouver right now

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Active listings

1,657

New this week

$928,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Vancouver.

Household and demographic stats for Vancouver, from the Statistics Canada 2021 Census.

662,248
Population (2021): 39.6
Median age: 305,335
Households: 2.1
Avg household size: 45.5%
Home ownership: $82,000
Median household income

Vancouver neighbourhood guide Full census profile Vancouver market trends

Source: Statistics Canada 2021 Census, Vancouver, City (CY).

Public Records

What the city has on file.

Independent reference data for this property from the City of Vancouver assessment roll (2026 assessment).

1967
Year built (city records): $1,482,000
Assessed land value: $1,527,000
Assessed improvements: $3,009,000
Total assessed value: C-2A
Zoning district: Freehold land
Ownership class

Assessed values are the municipal tax assessment, not a market appraisal. Contains information licensed under the Open Government Licence, City of Vancouver.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.