CONTACT

1218 E GEORGIA Street
Strathcona Vancouver V6A 2B1

$1,998,000
Multi-Family Commercial

Main Photo: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 1: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 2: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 3: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 4: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 5: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 6: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 7: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 8: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 9: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 10: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 11: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 12: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 13: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 14: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 15: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 16: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 17: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 18: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 19: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 20: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 21: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 22: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 23: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 24: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 25: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 26: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 27: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 28: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 29: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 30: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 31: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 32: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 33: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 34: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 35: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 36: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Photo 37: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8040644
Build. Type:
Residential Mix
Big Char Legal 5 Unit Income Property Good Condition, w Large Income in popular Commercial Dr/Strathcona. 3560 SF Bldg, 4 Lvls incl 875 SF unfin Bsmt contains 1 Bach, 2X1 Bdrm & 2X2 Bdrm S/C Units, Income $111,000/yr, Cap Rate 4.6%; many upgrades incl elec & plumbing to code, new windows & water line, new Kitch’s, Baths & Dishwashers in all Units, insuite Laund in 3 Units & shared Coin Laund, new lighting, roof & more. Bsmt 7’ ceiling ht is unfin, rented for storage, but has Dev potential & add’l potential for Rental Income. Big rear yard w open parkg. Close to Commercial Dr. Chinatown, Downtown. Area revitalization steadily underway incl new "Rise Up Bodega" - just around corner! View w 2 day notice, COVID rules, all Masked. Call LS re Showing, Info Pkg, Flr Plan, Details. Showing Thurs Oct 21st @ 1:30pm gone by 2:15pm by Appointment Only. Call LS if you wish to attend.
Sale Type:
Asset
Construction:
Wood Frame
Building Type:
Residential Mix, Multiple Tenant/Multi-Plex (5+)
# Units:
6
# Other Units:
1
# of Appartments:
5
# of Studio Appartments:
1
# of Penthouse Appartments:
0
# of Bachelor Appartments:
0
# of 4+ Bedroom Appartments:
0
# of 1 Bedroom Appartments:
2
# of 2 Bedroom Appartments:
2
# of 3 Bedroom Appartments:
0
# Storeys:
4.0
Year built:
1912 (Age: 109)
Total Floor Area:
3,560 sq. ft.
Lot Area:
3,265 sq. ft.
Lot Depth:
121.87
Lot Frontage:
26'10"
Land Use/Zoning:
RT-3
Taxes:
$5,057.41 / 2021
Env Assmt Phase:
No
Cap Rate %:
4.6
Other Income:
$240
Effective Gross Income:
$111,240
Gross Income:
$111,000
Oper. Expenses:
$18,990
Net Operating Income:
$92,250
Original Price:
$1,998,000
  • Photo 1: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 1 of 37
  • Photo 2: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 2 of 37
  • Photo 3: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 3 of 37
  • Photo 4: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 4 of 37
  • Photo 5: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 5 of 37
  • Photo 6: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 6 of 37
  • Photo 7: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 7 of 37
  • Photo 8: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 8 of 37
  • Photo 9: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 9 of 37
  • Photo 10: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 10 of 37
  • Photo 11: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 11 of 37
  • Photo 12: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 12 of 37
  • Photo 13: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 13 of 37
  • Photo 14: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 14 of 37
  • Photo 15: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 15 of 37
  • Photo 16: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 16 of 37
  • Photo 17: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 17 of 37
  • Photo 18: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 18 of 37
  • Photo 19: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 19 of 37
  • Photo 20: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 20 of 37
  • Photo 21: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 21 of 37
  • Photo 22: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 22 of 37
  • Photo 23: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 23 of 37
  • Photo 24: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 24 of 37
  • Photo 25: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 25 of 37
  • Photo 26: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 26 of 37
  • Photo 27: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 27 of 37
  • Photo 28: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 28 of 37
  • Photo 29: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 29 of 37
  • Photo 30: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 30 of 37
  • Photo 31: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 31 of 37
  • Photo 32: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 32 of 37
  • Photo 33: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 33 of 37
  • Photo 34: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 34 of 37
  • Photo 35: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 35 of 37
  • Photo 36: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 36 of 37
  • Photo 37: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8040644
    Photo 37 of 37
Listed by RE/MAX Real Estate Services
Data was last updated October 21, 2021 at 02:10 PM (UTC)
Bob Bracken
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.