3008 Clark Drive
Vancouver
V5N 3J1
$1,999,900
Residential Income
beds: 4
baths: 3.0
2,330 sq. ft.
built: 1955
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- R2955008
- Bedrooms:
- 4
- Bathrooms:
- 3
- Year Built:
- 1955
- Photos (15)
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Cash-flowing East Vancouver triplex with projected NOI of $88,000 and a strong 4.40% cap rate. Offered with vacant possession, all three fully upgraded units can be leased at market rents immediately. Includes two spacious 2-bed + flex suites and a studio with private entry, on a 4,396 SF RT-2 corner lot. Features include sprinklers, separate meters, dual furnaces, two hot water tanks, shared laundry, dry storage, and North Shore mountain views. Built in 1955 and modernized throughout, the property is ideal for investors or owner-occupiers seeking stable yield with future redevelopment upside in a high-demand, transit-connected rental corridor.
- Property Type:
- Residential Income
- Dwelling Type:
- Triplex
- Home Style:
- Exterior Entry to Basement, Two Levels
- Ownership:
- Freehold NonStrata
- Year built:
- 1955 (Age: 70)
- Living Area:
- 2,330 sq. ft.
- Floor Area - Unfinished:
- 450 sq. ft.
- Building Area - Total:
- 2,780 sq. ft.
- Levels:
- Two
- Bedrooms:
- 4 (Above Grd: 4)
- Bathrooms:
- 3.0 (Full:3/Half:0)
- Kitchens:
- 3
- Rooms:
- 12
- Taxes:
- $3,027 / 2024
- Lot Area:
- 4,396 sq. ft.
- Rear Yard Exposure:
- East
- Outdoor Area:
- Fenced
- Water Supply:
- Public
- Plan:
- VAP8977
- Construction Materials:
- Frame Wood, Mixed (Exterior), Stucco, Wood Siding
- Foundation:
- Concrete Perimeter
- Basement:
- Full, Partially Finished, Exterior Entry
- Roof:
- Torch-On
- No. Floor Levels:
- 2.0
- Floor Area Fin - Above Grade:
- 1,880 sq. ft.
- Floor Area Fin - Above Main:
- 940 sq. ft.
- Floor Area Fin - Above Main 2:
- 0 sq. ft.
- Floor Area Fin - Main:
- 940 sq. ft.
- Floor Area Fin - Below Main:
- 0 sq. ft.
- Floor Area Fin - Below Grade:
- 450 sq. ft.
- Floor Area Fin - Basement:
- 450 sq. ft.
- Floor Area Fin - Total:
- 2,330 sq. ft.
- Heating:
- Baseboard, Forced Air
- Parking Features:
- Additional Parking
- Parking:
- Additional Parking
- Suite:
- Legal Suite, Unauthorized Suite
- North Shore Mountains
- Fire Sprinkler System, Smoke Detector(s)
- 1
- Fire Sprinkler System, Smoke Detector(s)
- LOT C OF LOT C BLOCK 171 DISTRICT LOT 264A, PLAN VAP8977
- Floor
- Type
- Size
- Other
- Main
- Living Room
- 16' × 14'
- -
- Main
- Dining Room
- 11' × 7'
- -
- Main
- Primary Bedroom
- 12' × 10'
- -
- Main
- Bedroom
- 13' × 11'
- -
- Main
- Kitchen
- 12' × 8'
- -
- Above
- Living Room
- 16' × 14'
- -
- Above
- Dining Room
- 11' × 7'
- -
- Above
- Primary Bedroom
- 12' × 10'
- -
- Below
- Bedroom
- 13' × 11'
- -
- Above
- Kitchen
- 12' × 8'
- -
- Bsmt
- Living Room
- 19' × 10'
- -
- Below
- Kitchen
- 10' × 4'
- -
- Floor
- Ensuite
- Pieces
- Other
- Main
- No
- 4
- Above
- No
- 4
- Basement
- No
- 4
- Income Per Annum:
- 102000.0
- Oper. Expenses:
- 13027.0
- Net Operating Income:
- $87,953
- Age Restrictions:
- No
- By-Law Infractions:
- N
- Income as at Date:
- Jun 02, 2025
- Tax Utilities Included:
- false
- Property Disclosure:
- Yes
- Fixtures Leased:
- No
- # Units Total:
- 3
- # Bachelor Units:
- 1
- # 2Bdrm Units:
- 2
- Home Owners Association:
- No
- Original Price:
- $1,999,900
- Land Lease:
- No
- Zoning:
- RT-2
- Utilities:
- Electricity Connected, Natural Gas Connected, Water Connected
- Fencing:
- Fenced
- Sewer:
- Public Sewer, Sanitary Sewer, Storm Sewer
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Listed by Multifamily Real Estate Services Corporation
Data was last updated June 26, 2025 at 01:35 PM (UTC)
Area Statistics
- Listings on market:
- 12
- Avg list price:
- $2,047,950
- Min list price:
- $923,000
- Max list price:
- $9,800,000
- Avg days on market:
- 106
- Min days on market:
- 15
- Max days on market:
- 167
- Avg price per sq.ft.:
- $808.44
These statistics are generated based on the current listing's property type
and located in
Vancouver East. Average values are
derived using median calculations.
- MALUDA HUSSAINI
- RE/MAX SELECT REALTY 4806 MAIN STREET
- 1 (778) 3164663
- Contact by Email
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