Exceptional investment opportunity in the heart of East Vancouver’s sought after Commercial Drive neighborhood. This 3 level walk-up apartment building features 9 modern 1 bedroom units, each with private outdoor space, dishwashers and in-suite laundry. The units have all been recently and tastefully updated, including flooring, kitchens and bathrooms. Set on a large 50' x 122' lot, the building is in excellent condition with low tenant turnover. Unbeatable location on a quiet tree-lined street just steps to restaurants, shops, transit and bike routes, with easy access to downtown and the new St. Paul’s Hospital. This is a fantastic, turnkey revenue property with a solid cap rate in one of the city’s most popular, high demand areas.
For sale
C$4,300,000
1923 Parker St, Vancouver, BC V5L 2L2
9beds
6,216sqft
Multi Family
Built in 1965
-- sqft lot
$-- Zestimate®
C$692/sqft
C$-- HOA
What's special
Private outdoor spaceIn-suite laundryExcellent conditionQuiet tree-lined street
- 83 days
- on Zillow |
- 43 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: July 25, 2025 at 02:01pm
Listed by:
Corey Martin PREC*,
Stilhavn Real Estate Services Brokerage,
Karen Costa,
Stilhavn Real Estate Services
Source: Greater Vancouver REALTORS®,MLS®#: R3002573
Originating MLS®#: Greater Vancouver

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 9
- Full bathrooms: 9
Heating
- Baseboard, Hot Water
Appliances
- Laundry: In Unit
Features
- Storage
- Basement: None
Interior area
- Total structure area: 6,216
- Total interior livable area: 6,216 sqft
Video & virtual tour
Property
Parking
- Total spaces: 5
- Parking features: Open, Rear Access
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 3
- Exterior features: Balcony
- Has view: Yes
- View description: Mountain
- Frontage length: 50
Lot
- Size: 6,098.4 Square Feet
- Dimensions: 50 x 122
- Features: Central Location, Recreation Nearby
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 3 Storey
- Property subtype: Multi Family
Condition
- Year built: 1965
Community & HOA
Community
- Features: Near Shopping
- Security: No Fire Sprinkler System, Smoke Detector(s)
- Subdivision: The Drive
HOA
- Has HOA: No
Location
- Region: Vancouver
Financial & listing details
- Price per square foot: C$692/sqft
- Annual tax amount: C$9,971
- Date on market: 5/14/2025
- Ownership: Freehold NonStrata
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