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780 VICTORIA Drive
Hastings Vancouver V5L 4E6

$1,788,000
Residential Detached beds: 4 baths: 6.0 2,811 sq. ft. built: 1910

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Status:
Active
Prop. Type:
Residential Detached
MLS® Num:
R2935350
Bedrooms:
4
Bathrooms:
6
Year Built:
1910
FANATASTIC FIVE UNIT INVESTMENT OPPORTUNITY! Excellent location, steps to the Drive. This is one of the best-priced properties in the neighborhood. This building has multiple rental units, beautifully maintained suites, great tenants, there is also the option of easily adding another suite for 6 rental units. Projected gross income of $72,000/year or a 4% gross cap rate. THIS IS AN EXCELLENT CASH FLOW PROPERTY.
Property Type:
Residential Detached
Dwelling Type:
House/Single Family
Year built:
1910 (Age: 114)
Total area:
2,811 sq. ft.
Total Floor Area:
2,811 sq. ft.
Main Floor Area:
997 sq. ft.
Levels:
3
Bedrooms:
4 (Above Grd: 4)
Bathrooms:
6.0 (Full:6/Half:0)
Taxes:
$4,860.09 / 2023
Lot Area:
3,943.2 sq. ft.
Lot Frontage:
32'10"
Lot Depth:
120
Outdoor Area:
Fenced Yard, Sundeck(s)
Plan:
VAP532, 1771
Basement:
Fully Finished
Title to Land:
Freehold NonStrata
Refrigerator, Stove
Central Location
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Listed by Sutton Group-West Coast Realty
Data was last updated December 24, 2024 at 03:10 AM (UTC)
Area Statistics
Listings on market:
513
Avg list price:
$2,418,000
Min list price:
$999,000
Max list price:
$8,888,888
Avg days on market:
102
Min days on market:
3
Max days on market:
1,071
Avg price per sq.ft.:
$1,054.59
These statistics are generated based on the current listing's property type and located in Vancouver East. Average values are derived using median calculations.
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BC properties for sale - Real Estate Basics

When you are planning to buy a property for sale, you should consider your lifestyle and budget, as well as how much you want to be involved in home maintenance. Here are some important considerations in selecting a home from the properties for sale:

Always have a Home Inspection done on the property!

If the home is less then 10 years old, check the Home Warranty provided for the property.

If the property is part of a Strata Corporation, it is very important to read and understand all the Strata documents, to determine the strata status before making a purchase decision.

These are the most common docs:

  • Current Form B
  • Bylaws & Rules
  • Strata Minutes including AGM, SGM
  • Rental Disclosure Statement
  • Engineering Reports
  • Depreciation Reports
  • Current Financial Statements
  • Insurance Certificate

If the home was built before 1990 it is important for you to know about the health risks associated with asbestos. See more details about asbestos in our Home Renovations blog page.

The location is always extremely important! You should consider the time you lose commuting to your work, the schools that are in the neighbourhood, access to amenities, shopping, parks, etc. You should also sick information about the Radon levels in the area & home. Radon might be a health issue if the level present in your home is higher. Find more information on our Radon blog page.

Before completing a transaction on a property, check the Property Ownership Types available in British Columbia.

Make sure you a know about the programs and incentives available for First Time Home Buyers if you are one!

If you are buying a property that is tenanted, check the different rules that apply for Tenant Occupied Properties.

Find other important information you have to know when you are buying a property on our Real Estate Blog Pages.

To learn about Consumer Protection in BC Real Estate Market visit BCFSA (BC Financial Services Authority).

You should also check the prices for the recently Sold homes/ properties/ real estate in your neighbourhood! You can find them searching on the Communities pages or searching Residential by Map All MLS ® Sold Listings are available!