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INVESTOR ALERT! Never before on the market. This 3-unit multi-family conversion offers massive value-add potential under Vancouver’s R1-1 zoning. The upper level is a 2-bed, 1-bath suite that can be converted into 3 beds. The main floor features a 2-bed, 1-bath layout easily reconfigured into a 3-bed suite. Below is a bright 1-bed, 1-bath lower level. A premier investment holding property in a world-class location: close to the SkyTrain, transit lines, Commercial Drive, and minutes from Downtown. Perfect for immediate rental income, multi-generational living, or long-term multiplex holding. Call now for full details!
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Finished |
| Interior Features | Storage |
| Fireplace | 0 |
| Heating Type | Forced Air |
| Laundry | In Unit |
| # of Kitchens | 3 |
| Flooring | Mixed |
| Foundation | Concrete Perimeter |
| Exterior Features | Garden, Balcony |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $1,888,000 |
|---|---|
| Total Bedrooms | 5 |
| Total Bathrooms | 3 |
| Full Bathrooms | 3 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 2460 |
| Year Built | 1910 |
| Age Of Building | 116 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 3 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Community, Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer |
| Water (WaterSource) | Public |
| Parking Type | Open, Rear Access |
| Total Parking Spaces | 4 |
| Rental Suites | Unauthorized Suite |
| Lot Size | 3507.52 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 32.95 |
| MLS® # | R3138535 |
| Area | Vancouver East |
| Neighbourhood | Victoria VE |
| City | Vancouver |
| Postal Code | V5N 4M7 |
| Gross Taxes | $8,480.64 |
| Zoning | R1-1 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 13'5 x 13'5 ft |
| Main Level | Dining Room | 11'7 x 11'7 ft |
| Main Level | Kitchen | 10'7 x 10'7 ft |
| Main Level | Bedroom | 12'4 x 12'4 ft |
| Main Level | Bedroom | 9'6 x 9'6 ft |
| Above Level | Living Room | 11'8 x 11'8 ft |
| Above Level | Kitchen | 12' x 12' ft |
| Above Level | Bedroom | 11'8 x 11'8 ft |
| Above Level | Bedroom | 9'7 x 9'7 ft |
| Below | Living Room | 9'6 x 9'6 ft |
| Below | Kitchen | 9' x 9' ft |
| Below | Bedroom | 13'5 x 13'5 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
| Above Level | No | #3 |
| Below | No | #3 |
Listed by: Engel & Volkers Vancouver
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
Crime Rate
Demographics
Noise/ Power Lines
Other
3807 Victoria Drive has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced in line with comparable active properties in Victoria VE. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5N 4M7, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~1.4 km). Annual avg AQHI 2.2 — Low Risk.
Vancouver currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.
Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Calculate your commute
3807 Victoria Dr, Vancouver, BC is ideally located for commuters. The property is 0.7 km from Nanaimo, with a 24 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Victoria Dr @ E 22 Ave (0.06 km). Walk Score Transit rating: Excellent Transit (78/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,517,000 | $85,000 | $1,602,000 |
-4.6%
|
| 2025 | $1,587,000 | $91,700 | $1,678,700 |
+0.5%
|
| 2024 | $1,569,000 | $101,000 | $1,670,000 |
+2.5%
|
| 2023 | $1,526,000 | $104,000 | $1,630,000 |
+1.7%
|
| 2022 | $1,484,000 | $119,000 | $1,603,000 | — |
Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar Single Family Residences average $1,900,167 across 5 active listings — this listing is 0.6% below the Vancouver average.
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