8732 Granville Street
Vancouver
V6P 5A5
$3,180,000
Residential Income
beds: 0
baths: 0.0
7,200 sq. ft.
built: 1996
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- R3047703
- Year Built:
- 1996
- Photos (11)
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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. Gross Income of $161,456. NOI of $125,092 and a Cap Rate of 3.93%.
- Property Type:
- Residential Income
- Dwelling Type:
- Other
- Home Style:
- Other
- Ownership:
- Freehold NonStrata
- Year built:
- 1996 (Age: 29)
- Living Area:
- 7,200 sq. ft.
- Building Area - Total:
- 7,200 sq. ft.
- Bedrooms:
- 0 (Above Grd: 0)
- Bathrooms:
- 0.0 (Full:0/Half:0)
- Taxes:
- $9,059.3 / 2025
- Lot Area:
- 4,940 sq. ft.
- Lot Frontage:
- 50'
- Lot Details:
- 50 x 98.8
- Outdoor Area:
- Balcony
- Plan:
- LMP15598
- Construction Materials:
- Frame Wood, Mixed (Exterior), Stucco
- Property Condition:
- Renovation Partly
- No. Floor Levels:
- 4.0
- Floor Area Fin - Above Main:
- 1,800 sq. ft.
- Floor Area Fin - Above Main 2:
- 1,800 sq. ft.
- Floor Area Fin - Main:
- 1,800 sq. ft.
- Floor Area Fin - Total:
- 7,200 sq. ft.
- Patio And Porch Features:
- Patio, Deck
- Parking Features:
- Carport Multiple, Lane Access
- Parking:
- Carport Multiple
- Parking Total/Covered:
- 8 / 8
- Elevator
- Balcony
- Laundry In Common Area, Elevator
- Shopping Nearby
- Fire Sprinkler System, Smoke Detector(s)
- Fire Sprinkler System, Smoke Detector(s)
- Laundry In Common Area, Elevator
- Common Area
- Age Restrictions:
- No
- By-Law Infractions:
- N
- GST Included:
- Yes
- Tax Utilities Included:
- false
- # Units Total:
- 10
- # Bachelor Units:
- 1
- # 1Bdrm Units:
- 9
- Home Owners Association:
- No
- Land Lease:
- No
- Utilities:
- Community, Electricity Connected, Water Connected
- Sewer:
- Public Sewer, Sanitary Sewer
-
View of property -
View of building exterior
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Aerial overview of property's location featuring property boundaries highlighted
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Property entrance featuring stucco siding
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Photo 5 of 11
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Hall with mail area and light tile patterned floors
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Photo 7 of 11
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Photo 8 of 11
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Photo 9 of 11
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Drone / aerial view
-
Drone / aerial view
Listed by Royal Pacific Riverside Realty Ltd.
Data was last updated October 12, 2025 at 02:40 AM (UTC)
Area Statistics
- Listings on market:
- 13
- Avg list price:
- $980,100
- Min list price:
- $720,300
- Max list price:
- $3,473,400
- Avg days on market:
- 258
- Min days on market:
- 224
- Max days on market:
- 1,491
- Avg price per sq.ft.:
- $1,147.27
These statistics are generated based on the current listing's property type
and located in
Marpole. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- ALVIN LAW
- ROYAL PACIFIC RIVERSIDE REALTY LTD.
- 1 (604) 7269798
- Contact by Email
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Alvin Law
Royal Pacific Riverside Realty Ltd.
Office Address:
#102 - 7080 River Road
Richmond, BC, V6X 1X5