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6528 Victoria Drive
Killarney VE Vancouver V5P 3X9

$3,888,000
Multi-Family Commercial, Retail

Status:
Active
Prop. Type:
Multi-Family Commercial, Retail
MLS® Num:
C8077537
Build. Type:
Low Rise (2-4 storeys)
Prime Corner Investment with Redevelopment Approved! Exceptional opportunity at the high-exposure corner of Victoria Dr & E 49th Ave. This income-producing property currently generates $16,300/month, featuring a long-term commercial tenant (AR Cannabis) at $10,000/month, two 2-bedroom suites at $2,500 each, and one bachelor suite at $1,300. Redevelopment is approved for 9 two-bedroom units, 9 one-bedroom units, and one commercial space, offering tremendous potential for future growth. With strong current cash flow, reliable tenants, and significant redevelopment upside, this is a rare investment opportunity in a prime Vancouver location. Call us now for more details!
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial, Retail
Commercial Type:
Multi Family
Construction:
Concrete Block, Frame Wood, Other
Num Storeys:
2
Building Type:
Low Rise (2-4 storeys)
# Bldgs:
1
# Units Total:
0
# Other Units:
0
# of Apartments:
0
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
1
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
0
# of 2 Bedroom Apartments:
2
# of 3 Bedroom Apartments:
0
Year built:
1946 (Age: 80)
Living Area:
2,900 sq. ft.
Subject Property Depth:
117'11"
Subject Property Width:
32'10¾"
Lot Area:
3,484.8 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Cooling:
Air Conditioning
Electricity:
Yes
Services Connected:
Electricity Connected
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Parcel Number:
003382869
Taxes:
$29,436.6 / 2025
No
Security System
Water Supply:
Public
Water Rights:
No
Roof:
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by Sutton Group-West Coast Realty
Data was last updated April 2, 2026 at 02:40 AM (UTC)
Reciprocity Logo
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), 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 GVR, 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 GVR, the FVREB or the CADREB.
Copyright 2026 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), 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 GVR, 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 GVR, the FVREB or the CADREB.