221 E Georgia Street
Chinatown, Vancouver, British Columbia
$2,598,000
- 1,353 sq ft
- Multi-family
- Built 1912
About this home
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 $136,000 net income when fully leased/rented (5.23% 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:67742)
Property details
Building & interior
- Lot size
- 3,050 sq ft
- Building features
- Street Lighting
Lot & exterior
- Lot features
- Lane
- Lot size
- 3050 sq ft
- Zoning
- HA-1A
- Utilities
- Natural Gas, Electricity
- Sewer
- Storm sewer
Strata & taxes
- Lease per unit
- square feet
- Property taxes
- $11,298.10
- Tax year
- 2025
More details
- Road surface type
- Paved road
Listed by Fred Choy, RE/MAX Real Estate Services
Book a showing · Call 604-771-6415
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