477 POWELL STREET, Vancouver, British Columbia, V6A 1G7

MLS® # C8073271

Investment For Sale In Downtown Eastside, Vancouver, British Columbia

$2,670,000

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477 Powell Street, Vancouver, BC - Outdoor

477 Powell Street, Vancouver, BC - Indoor

477 Powell Street, Vancouver, BC - Indoor With Storage

477 Powell Street, Vancouver, BC - Indoor Photo Showing Bathroom

477 Powell Street, Vancouver, BC - Indoor Photo Showing Garage

477 Powell Street, Vancouver, BC - Indoor Photo Showing Other Room

477 Powell Street, Vancouver, BC - Indoor Photo Showing Laundry Room

477 Powell Street, Vancouver, BC - Indoor Photo Showing Kitchen With Double Sink

477 Powell Street, Vancouver, BC - Indoor Photo Showing Kitchen

477 Powell Street, Vancouver, BC - Outdoor With Exterior

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477 POWELL STREET, Vancouver, British Columbia, V6A 1G7

$2,670,000

Property Information:

5 Separate Rental Units â€¢ Mixed-Use Commercial & Residential â€¢ High Income + Redevelopment Potential. Prime investment property built in 1991 and thoughtfully updated. This asset delivers immediate income and long-term upside through redevelopment ' ideal for investors, developers and land-bankers alike. Five distinct rental units offering a diversified mix of commercial and residential tenancies. Zoned DEOD (Downtown Eastside/Oppenheimer District) permitting both commercial and residential uses under the district plan. Corner-lot advantage: elevated frontage, visibility, and redevelopment flexibility. Excellent location: minutes from major employment hubs, transit and the future development of the new hospital campus. Strong upside: area transformation underway with supportive zoning and revitalization initiatives. (id:27)

Building Features:

Style: Multiplex
Amenities: Balconies
Floor Space: 5600 sqft

Property Features:

Property Type: Multi-family
Built in: 1991
Floor Space (approx): 5600 Square Feet
Lot Size: 3050.00 Square Feet
Utility Type: Hydro - Available, Natural Gas - Available
Zoning: DEOD COMPNSIVE DVLPM

Courtesy of: 1NE Collective Realty Inc.

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Market Price Trends

All Properties

-16.64%

Price change (1 year)

0.98%

Price change (5 years)

Location of 477 POWELL STREET, Vancouver, British Columbia, V6A 1G7

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

33 hot days expected in 2050

Projected Precipitation Risk: High

14 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

44/100

Moderate

ClimateCheck®

Current data

This property, 477 POWELL STREET , experiences 7 hot days per year at around 27.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 30.4 degrees Celsius.

Projected Avg. Temperature

Past

27.1℃

2050

30.4℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

14 storms expected in 2050

96/100

High

ClimateCheck®

Current data

This property, 477 POWELL STREET , experiences 13 significant 2-day storms per year, with about 612.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 710mm of precipitation per year.

Precipitation Per Storm

Past

612.8mm

2050

710mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 477 POWELL STREET, Vancouver, British Columbia, V6A 1G7

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$89,575.39

Average Number of Children

1.48

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.48 %

High school certificate or equivalent

27.99 %

Apprenticeship trade certificate/diploma

6.44 %

College/non-university certificate

15.45 %

University certificate (below bachelor)

1.03 %

University Degree

24.62 %

Commuter

Travel To Work

By Car

31.31 %

By Public Transit

23.95 %

By Walking

30.75 %

By Bicycle

8.94 %

By Other Methods

5.06 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

94.78 %

Houses

5.22 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

All Properties

Location of 477 POWELL STREET, Vancouver, British Columbia, V6A 1G7

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 477 POWELL STREET, Vancouver, British Columbia, V6A 1G7

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

477 POWELL STREET, Vancouver, British Columbia, V6A 1G7

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing