Strathcona · Vancouver · BC
221 E Georgia Street
Multi Family · For sale
Asking
$2,598,000
MLS® C8073870
- Lot
- 3,049.2 sqft
- Built
- 1912
- Parking
- 3
The property
Prime mixed-use investment in the heart of historic Chinatown/Strathcona. This 3-storey character building (1912) features a large street-front retail unit and 16 Single Room Accommodation (SRA) rooms above, including 6 with private washrooms. Solid structure with recent roof work completed (2020) and rear steel staircase (replaced in 2022). Approx. $171,000 gross and $136,000 net income when fully leased/rented (5.23% cap rate). Exceptional location steps to transit, downtown, and the new St. Paul’s Hospital. Reliable income property with value-add and redevelopment potential.
Facts & features
Costs
- Gross taxes (2025)
- $11,298
The property
- Title
- Freehold
- Zoning
- HA-1A
- Storeys
- 3
- Heating
- Baseboard, Electric
- Cooling
- Electric
- Units in building
Listed by RE/MAX Real Estate Services
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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 assume no responsibility for its accuracy.
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