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221 E GEORGIA STREET, Vancouver

MLS® #C8073870
About this Property

Prime mixed-use investment in the heart of historic Chinatown/Strathcona. This 3-storey character building (1912) features a large street-front retail unit and 16 Single Room Accommodation (SRA) rooms above, including 6 with private washrooms. Solid structure with recent roof work completed (2020) and rear steel staircase (replaced in 2022). Approx. $171,000 gross and $140,000 net income when fully leased/rented (5.41% cap rate). Exceptional location steps to transit, downtown, and the new St. Paul's Hospital. Reliable income property with value-add and redevelopment potential. (id:62865)

Property Information

Status

Active

Year Built

1912

Annual Tax

$11,298

Tax Year

2025

Data Source

Greater Vancouver REALTORS®

Interior Details

Living Area

1353 square feet

Exterior & Lot

Lot Size

3050.0 sqft

Lot Features

Lane
Building & Utilities

Sewer

Storm sewer

Utilities

Natural GasElectricity

$2,598,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
1353sqft
Listing Courtesy of

Office

RE/MAX Real Estate Services

Mortgage Calculator
$519,600

Loan Amount:

$2,078,400

Estimated Monthly Payment:

$10,128

This is an estimate for informational purposes only. Consult with a financial advisor.