Property Details

List Price
$3,380,000
MLS®
R3047703
Type
Other
Style
Multi Family
Year Built
1996
Taxes
$9059.30 (2025)
Living Area
7200 Sq.Ft.
Lot Frontage
50 ft
Lot Size Area
4940 Sq.Ft.
Maintenance Fee
$0.00/mo

Marpole

8732 GRANVILLE STREET, Marpole, Vancouver, BC, V6P 5A5, Canada

Description

Well-maintained 10-unit multifamily building in the heart of Marpole. Built in 1996 on a 4,940 sq ft lot at Granville & 71st, this 4-level property with elevator features 8 parking stalls and recent roof upgrades. The building includes one bachelor suite and nine spacious one-bedroom units ranging from 380 sq ft to 480 sq ft, each with its own hot water tank. Tenants pay their own hydro, ensuring low maintenance costs. Generates approximately $160,000 annual gross income with long-term stable tenants. Zoned RM-3A under the Marpole Community Plan, offering excellent holding income and future redevelopment potential with increased density options (verify with City). Minutes to YVR Airport, Hwy 91, and Downtown Vancouver. Don’t miss this rare chance to own a revenue-generating property.

Amenities

Shopping Nearby Balcony Elevator Common Area

Features

Fire Sprinkler System Smoke Detector(s)

Listing Provided By

Royal Pacific Riverside Realty Ltd.

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Agent

Name: Rod & Rhea Hayes

Mobile: 604.240.1927

Office Phone: 604.421.1010

Email: [email protected]