Maximize your portfolio with this character-rich, high-yield income property generating nearly $90K in annual revenue. Perfectly situated in the heart of Grandview-Woodland, one of Vancouver’s most historic and sought-after communities, this 1912 home features 5 separate rental suites, including a bright garden suite. Spanning three stories with views of the North Shore Mountains, this property offers incredible versatility as a high-performing holding investment or a premier owner-occupier setup. With its large lot size, there is also excellent potential to build a laneway home 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 to DT. Call today.
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