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477 Powell St 10 Unit Apartment Building $1,961,548 USD ($196,155 USD/Unit) Vancouver, BC V6A 1G7

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Investment Highlights

  • Prime location in a culturally vibrant, high-growth neighborhood with strong tenant demand
  • One storage with large private balconies, south-facing park views with individually metered electricity
  • Ground-floor retail unit with soaring ceilings and electronic security shutters
  • Outdoor space

Executive Summary

Fully Tenanted Mixed-Use Building | Prime Investment Opportunity Originally built in 1991 and thoughtfully updated, this fully tenanted building offers a stable income stream with a 5% capitalization rate. The property features a well-balanced mix of residential and retail space, including three spacious 2-bedroom residential units one retail unit, and one storage with large private balconies, south-facing park views with individually metered electricity. Designed in a unique courtyard style, the building provides residents with secure and generous outdoor space. On the ground floor, a high-visibility retail unit with soaring ceilings and electronic security shutters is leased to a popular local convenience store, ensuring reliable commercial tenancy and steady foot traffic. Ideally located in a vibrant, fast-growing neighborhood, this property presents a compelling opportunity for investors seeking long-term value and exposure to one of the area's most culturally dynamic corridors.

Property Facts

Price $1,961,548 USD
Price Per Unit $196,155 USD
Sale Type Investment
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.07 AC
Building Size 9,168 SF
No. Stories 3
Year Built 1991
Zoning DEOD - DEOD Development

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Storage Space
  • Heating
  • Kitchen

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Private Bathroom
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+0 10 - -
Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (85)
Bike Score®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 39418835

  • Date on Market: 2/12/2026

  • Last Updated:

  • Address: 477 Powell St, Vancouver, BC V6A 1G7

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