855 PENDER STREET
Strathcona, Vancouver, BC

Sold
$2,000,000
Listed By: TRG The Residential Group Realty
32 days on the market

Details

Beds
8
Bath
4
Kitchens
4
Built
1901
Living Area
3662 SqFt.
Lot Size
3050 SqFt.
Frontage
25.00 Feet
Depth
122 Feet

Description

This Strathcona property is one-of-a-kind, boasting 4 units in 2 houses on a single lot. It presents a great investment opportunity, generating an impressive $120,000 in annual gross revenue and a net operating income exceeding $102,000. Excellent value, priced at a 4.5% Cap Rate. The property has undergone numerous upgrades, including metal roofs, extensive landscaping, complete renovations of 2 units with new kitchens and bathrooms, and newer gas fireplaces / heaters in all units. The tenants are exceptional and would prefer to stay. Each unit features 2 bedrooms or 2 bedrooms with a loft.

Amenities
In Suite Laundry Shared Laundry

Features

ClthWsh/Dryr/Frdg/Stve/DW

Site Influences

Central Location Lane Access Private Yard Shopping Nearby

Location

Technical Information

MLS® # R2787307
Property Type House
Dwelling Type House/Single Family
Home Style 2 Storey
Kitchens 4
Year Built 1901
Parking None
Tax $4,585 in 2022
Strata No VAP196

Floor Area (sq. ft.)

Main Floor 731
Above 945
Below 931
Basement 1,055
Total 3,662

Rooms

Floor Type Dimensions
Main Living Room 12'11 x 15'1
Main Kitchen 14'5 x 11'3
Main Bedroom 12' x 11'11
Main Loft 11'1 x 14'5
Main Office 11'10 x 8'6
Main Laundry 11'7 x 4'3
Above Loft 15'9 x 11'4
Above Kitchen 13'0 x 9'3
Above Living Room 11'4 x 12'11
Above Bedroom 12'2 x 9'6
Above Bedroom 12'2 x 9'6
Main Patio 13'9 x 17'10
Main Living Room 9'7 x 11'1
Main Kitchen 13'8 x 11'3
Main Bedroom 11'5 x 7'7
Main Bedroom 11'5 x 11'3
Main Bedroom 9'3 x 7'7
Main Laundry 5'5 x 7'11
Above Loft 14'3 x 14'4
Above Living Room 9'0 x 11'3
Above Kitchen 14'2 x 12'0
Above Bedroom 12'0 x 11'1
Above Bedroom 13'9 x 8'1

Bathrooms

Floor Ensuite Pieces
Main N 4
Above N 4
Main N 4
Above N 4

Recently Sold Houses In Strathcona, Vancouver

Date Address Bed Bath Kitchen Asking Price Sold Price $/Sqft DOM Levels Built Living Area Lot Size
07/14/2023 This Property 8 4 4 Login to View ( -11.1%) Login to View 32 2 1901 3,662 sqft 3,050 sqft
10/12/2024

713 E Pender Street

2 2 1 Login to View ( 0.0%) Login to View 9 3 1907 1,984 sqft 3,060 sqft
10/12/2024

1113 E Pender Street

3 2 1 Login to View ( -4.7%) Login to View 24 2 1905 1,067 sqft 3,050 sqft
09/30/2024

665 E Cordova Street

7 3 2 Login to View ( -4.3%) Login to View 87 3 1901 2,360 sqft 3,050 sqft
09/28/2024

521 Union Street

4 4 2 Login to View ( -1.8%) Login to View 5 3 1901 1,547 sqft 3,050 sqft
09/20/2024

728 Jackson Avenue

2 2 1 Login to View ( -2.2%) Login to View 42 2 1895 1,224 sqft 1,765 sqft
09/07/2024

383 E Hastings Street

6 3 3 Login to View ( 0.0%) Login to View 189 4 1901 3,310 sqft 3,050 sqft
08/27/2024

716 E Pender Street

5 3 1 Login to View ( -2.5%) Login to View 8 3 1904 2,324 sqft 3,050 sqft
07/19/2024

526 E Cordova Street

9 4 0 Login to View ( -2.4%) Login to View 2 4 9999 2,798 sqft 3,049 sqft
06/24/2024

601 E Pender Street

4 3 2 Login to View ( -1.1%) Login to View 34 4 1902 3,952 sqft 4,150 sqft
05/25/2024

427 Glen Drive

3 2 1 Login to View ( -10.7%) Login to View 19 3 1900 1,735 sqft 3,680 sqft

Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouve and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.