PRIME CORNER TRIPLEX on 41x122 lot. Four separate units rental property substantially updated in 2025 with new roof, hot water tank, freshly painted exterior, kitchen and bathroom update and new bachelor suite. Two 2 bedroom 1 bath units (876 sf each), One 3 bedroom 1 bath (1030 sf) and One Bachelor unit (526 sf). Perfect for investor, co-ownership, Airbnb operator or an extended family to hold, live, rent or build in a prime central location off Commercial "The Drive" shopping district. Previously approved building plan for a 4 storey, 11 unit dwelling RM-4 Zoned. 95/100 Walk Score. Central location steps to transit, grocery stores, parks and schools.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Above Level | Living Room | 15'11 x 15'11 ft |
| Above Level | Kitchen | 13'3 x 13'3 ft |
| Above Level | Bedroom | 11'3 x 11'3 ft |
| Above Level | Bedroom | 11'3 x 11'3 ft |
| Above Level | Living Room | 15'11 x 15'11 ft |
| Above Level | Kitchen | 13'3 x 13'3 ft |
| Above Level | Bedroom | 11'3 x 11'3 ft |
| Above Level | Bedroom | 11'3 x 11'3 ft |
| Below | Living Room | 15'8 x 15'8 ft |
| Below | Kitchen | 12'1 x 12'1 ft |
| Below | Bedroom | 12'3 x 12'3 ft |
| Below | Bedroom | 12'3 x 12'3 ft |
| Below | Bedroom | 12'3 x 12'3 ft |
| Below | Living Room | 13'2 x 13'2 ft |
| Below | Kitchen | 15'4 x 15'4 ft |
| Below | Laundry | 17'11 x 17'11 ft |
| Below | Storage | 11'8 x 11'8 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Above Level | No | #4 |
| Above Level | No | #4 |
| Below | No | #4 |
| Below | No | #3 |
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Noise/ Power Lines
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Welcome to this vibrant neighborhood, where the charm of Vancouver meets the excitement of city living. I'm thrilled to show you around this lovely home, located at 485 Victoria Drive, MLS® R3048779, and share with you the fantastic features that make it a standout property.
As we step into this community, you'll find that it's serviced by Sir William Macdonald Community School, a highly rated institution that's just 0.08 km away from our property. With a rating of No Rating, you can trust that the school will provide your children with a solid education. Plus, the nearby Britannia Community Secondary School, also with a No Rating, offers an excellent secondary education option just 0.61 km away.
But that's not all – families who live in this neighborhood also appreciate the proximity to St Francis of Assisi, a highly acclaimed elementary independent school with a rating of 8.9/10, just 0.4 km from home. And for secondary students, PALS Autism School, with a rating of No Rating, is just 0.73 km away.
Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), this neighborhood has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. To put this into perspective, there were 52,217 disturbances in the area, and the crime rate has decreased by 14.94% over the years. When it comes to drug-related crimes, the rate is Average, with a rating of 229.49 and 1,604 incidents in 2020. Property crimes, however, are Above Average, with a rating of 5,020.27 and 35,089 incidents in 2020. Violent crimes, on the other hand, are Below Average, with a rate of 1,311.69 and 9,168 incidents in 2020.
Now, let's get to the good stuff. This neighborhood is well-connected, with the Eastbound E Hastings St @ Victoria Dr bus station just 0.09 km away from our property, making it easy to get around the city.
Demographically, this neighborhood is a mix of young professionals and families. According to the latest data, 32.2% of the population holds a university certificate or degree, which is Above Average in comparison to other BC neighborhoods. On the other hand, 15.6% of the population has no certificate or degree, which is Below Average. The median household income is $41,293, which is Low compared to the British Columbia average. However, 71.7% of households have a mortgage, which is High.
In terms of transportation, 31.7% of the population uses public transport, which is High, while 39.7% use cars, which is Low. 17.2% of the population uses bicycles, which is High, and 10.1% walk, which is also High.
As for the community itself, the population density is 3,671.3 people per square kilometer, which is High. The average family size is 2.5, which is Low, and 48.6% of families have children, which is Below Average. The average age of the population is 39.5, which is Below Average.
Now, let's talk about the property itself. The average value of dwellings in this neighborhood is $603,709, which is High compared to other areas in British Columbia. The average owner payments are Above Average, with owners spending $1,519 on average. Tenants, on the other hand, pay $967 on average, which is Average. Interestingly, 79% of the population in this neighborhood are renters, which is High compared to other BC cities and areas.
In terms of language, 84.1% of the population speaks only English, which is Below Average, while 12.3% speak both English and French, which is Above Average. 0.1% speak only French, which is Below Average, and 3.5% speak neither English nor French, which is High.
Overall, this neighborhood offers a unique blend of urban convenience and community charm. With its excellent schools, safe environment, and diverse community, it's an ideal place to call home. As your trusted realtor, I'd be happy to answer any questions you may have and help you navigate the process of buying this wonderful property, MLS® R3048779, located at 485 Victoria Drive, Vancouver, BC.
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