PRIME CORNER LEGAL TRIPLEX on 41x122 lot. Live or rent this 4 unit property substantially updated in 2025 with new roof, hot water tank, freshly painted exterior, kitchen and bathroom update and new bachelor suite. Two 2 Bdrm 1 bath units (876 sf each), One 3 Bdrm 1 bath (1030 sf) and 1 Bachelor unit (526 sf) Total 3,500sf finished area. At $620/sf equivalent to 4 condo units, the bonus is to own a 41x122 freehold corner property with no strata fees and have future development value. Perfect for investor, co-ownership, or extended family. Excellent central location off Commercial Drive - steps to transit, grocery stores, parks and schools.. Previously approved plan for a 4 storey, 11 unit building in RM-4 Zone. 95/100 Walk Score.
General Info
Price
$2,175,000
Total Bedrooms
7
Total Bathrooms
4
Half Bathrooms
0
Floor Area Total (sqft)
3504
Lot Size
5042
Lot Size Depth
Feet
Lot Size Frontage
41.23
Basement
Full
Basement Features
-
Property Metrics
Year Built
1937
Age Of Building
89
Building Type
Triplex
Property Type
Residential Income
Stories
2
Appliances Included
Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features
-
Structures
Multi Family
Additional Details
MLS® #
R3048779
Building Name
-
Area
Vancouver East
Neighbourhood
Hastings
City
Vancouver
Postal Code
V5L 4C9
Price per Sqft
$621
Gross Taxes
$6,243.05
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Community Features
Shopping Nearby
Heating & Cooling
Fireplace
0
Heating Type
Baseboard, Forced Air
Utilities
Utility Type
Community
Utility Sewer
Public Sewer
Water (WaterSource)
Public
Parking
Parking Type
None
Total Parking Spaces
0
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
Listed by: Success Realty & Insurance Ltd
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.
Neighborhood & Transit Info
Public Schools
Secondary
Britannia Community Secondary School
0.61 km
Elementary
Sir William Macdonald Community School
0.08 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Elementary
St Francis of Assisi
0.4 km
Elementary, Secondary
PALS Autism School
0.73 km
Closest Transit
Bus Stop
Eastbound E Hastings St @ Victoria Dr
0.09 km
Skytrain
Skytrain @ Vcc-Clark Stn
1.97 km
Crime Rate
Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average
Demographics
Post-Secondary Education
Average
32.2%
No Certificate/Degree
Above Average
15.6%
Owner Occupied
Average
71.7%
Employment Rate
Below Average
48.6%
Noise/ Power Lines
Road/Hwy Noise
Possible
Railway/Sky train Noise
Possible
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely
Other
Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes$520
Maintenance fee0
A 20% down payment of $435,000 on this $2,175,000 listing yields an estimated mortgage of $8,307/month (30-year fixed, 4%). Total estimated housing cost: $8,827/month, $520 property tax.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:
Estimated Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment0%
This listing has an estimated rental yield of $9,037/month, resulting in a +$15/month cashflow after mortgage and carrying costs — a strong investor profile.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$2,175,000
Vancouver
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Hastings
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There are currently no active comparable Triplexs in Vancouver to benchmark against. Check back as new listings enter the market.
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Property FAQs
What are the closest top-rated schools to 485 Victoria Drive, Vancouver, BC?
The closest top-rated schools are Britannia Community Secondary School and Sir William Macdonald Community School.
Is 485 Victoria Drive, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 485 Victoria Drive, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $13,050.
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