517 Commercial Drive, Vancouver
Incredible opportunity to become part of a unique development site in the heart of "The Drive", one of Vancouver's most coveted neighbourhoods. Designated under the Grandview Woodlands Official Community Plan with potential to assemble the homes to the immediate North for a higher density use. Excellent holding property with a $41,376 annual income providing a 4.6% Cap Rate. Five bedroom 1910 Character Home offering 2 separate suites. Centrally located on Commercial Drive, just steps to public transit, Templeton Secondary, Woodland Park, Pepino's, Downlow Chicken, Bosa Foods and The Gourmet Warehouse. Contact listing realtor for further details.
Taxes (2020): $10,390.50