Maximize your portfolio with this architectural character-rich income property generating over $80k in annual revenue with upside rent potential. Perfectly situated in the heart of Grandview-Woodland, one of Vancouver’s most historic communities, this 1912 home features 5 separate rental suites. Spanning four levels, with views of the North Shore Mountains, this home offers incredible versatility as a high-performing holding investment or a premier owner-occupier setup. The home has potential to qualify for City of Vancouver character home designation with possibility to add more density for additional future value. Located on a quiet, tree-lined stretch of Napier Street, the home is just two blocks from Commercial Drive and Little Italy. Great central location, 10 min from Downtown.
Address
1951 Napier Street
List Price
$2,373,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
Vancouver East
Sub-Area
Grandview Woodland
Bedrooms
5
Bathrooms
5
Floor Area
3,060 Sq. Ft.
Main Floor Area
930
Lot Size
4026 Sq. Ft.
Lot Size Dimensions
33 x 122
Lot Size (Acres)
0.09 Ac.
Lot Features
Central Location, Lane Access
Lot Size Units
Square Feet
Total Building Area
3060
Frontage Length
33
Year Built
1912
MLS® Number
R3172588
Listing Brokerage
Parallel 49 Realty
Basement Area
Full
Postal Code
V5L 2N6
Zoning
SFD
Ownership
Freehold NonStrata
Parking
Additional Parking, Garage Single, Lane Access
Parking Places (Total)
2
Tax Amount
$7,918.57
Tax Year
2026
Site Influences
Balcony, Central Location, Lane Access
Exterior Features
Balcony
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Baseboard, Electric, Forced Air
Garage
Yes
Garage Spaces
1
Road Surface
Paved
Levels
Three Or More
Number Of Floors In Property
3
View
Yes
View Type
Partial north shore views