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928 Commercial Drive
Grandview Woodland Vancouver V5L 3W7

$7,500,000
Multi-Family Commercial

Contemporary brick facade with multiple private balconies featuring glass railings, a ground-level retail space, and large storefront windows
Photo 1: 928 Commercial Drive in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "928-938 Commercial Drive" (Vancouver East)  : MLS®# C8081112
Photo 2: 928 Commercial Drive in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "928-938 Commercial Drive" (Vancouver East)  : MLS®# C8081112
Photo 3: 928 Commercial Drive in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "928-938 Commercial Drive" (Vancouver East)  : MLS®# C8081112
Photo 4: 928 Commercial Drive in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "928-938 Commercial Drive" (Vancouver East)  : MLS®# C8081112
Photo 5: 928 Commercial Drive in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "928-938 Commercial Drive" (Vancouver East)  : MLS®# C8081112
Photo 6: 928 Commercial Drive in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "928-938 Commercial Drive" (Vancouver East)  : MLS®# C8081112
Photo 7: 928 Commercial Drive in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "928-938 Commercial Drive" (Vancouver East)  : MLS®# C8081112
Photo 8: 928 Commercial Drive in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "928-938 Commercial Drive" (Vancouver East)  : MLS®# C8081112
Photo 9: 928 Commercial Drive in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "928-938 Commercial Drive" (Vancouver East)  : MLS®# C8081112
Photo 10: 928 Commercial Drive in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "928-938 Commercial Drive" (Vancouver East)  : MLS®# C8081112
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8081112
Build. Type:
Mixed Use
Rare opportunity to acquire a newly completed mixed-use investment property in the heart of Vancouver’s vibrant Commercial Drive neighbourhood. This attractive five-storey building features 10 modern rental apartments plus approximately 937 sq. ft. of high-exposure street-front retail, creating a diversified income stream from one well-located asset. Completed in 2024, the property offers approximately 12,830 sq. ft. of building area, three secured parking stalls, contemporary finishes, balconies, elevator service and convenient rear-lane access. Situated along one of East Vancouver’s most established shopping, dining and entertainment corridors, with excellent walkability, transit connections and strong rental demand. An ideal opportunity for investors seeking a newer, low-maintenance Vancouver rental property with long-term income and growth potential. Detailed financial information and supporting documents are available to qualified purchasers upon execution of a confidentiality agreement.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Brick/Masonry, Concrete, Mixed
Name of Complex/Subdivision:
928-938 Commercial Drive
Num Storeys:
5
Building Type:
Mixed Use, Mul Tenant/MultiPlex (5+), Street-Level Storefront
# Bldgs:
1
# Units Total:
11
# Other Units:
1
# of Apartments:
10
# of Studio Apartments:
3
# of Penthouse Apartments:
0
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
5
# of 2 Bedroom Apartments:
2
# of 3 Bedroom Apartments:
0
Year built:
2024 (Age: 2)
Living Area:
12,830 sq. ft.
Lot Area:
3,432 sq. ft.
Zoning:
Potential to Redevelop:
Yes
Fencing:
Parking:
Secured
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Cooling:
Electric
Electricity:
Yes
Services Connected:
Electricity Connected, Fully Serviced, Garbage Collection, Street Lighting, Sidewalk, City Water at Lot Line
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Parcel Number:
030080720
Taxes:
$29,490.5 / 2026
Balconies, Elevator Passenger, Laundry Facility, Storefront
No
Building Security, Secured Garage/Parking
# Elevators:
1
Water Supply:
Public, City Water at Lot Line
Water Rights:
No
Roof:
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 928 Commercial Drive in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "928-938 Commercial Drive" (Vancouver East)  : MLS®# C8081112
    Contemporary brick facade with multiple private balconies featuring glass railings, a ground-level retail space, and large storefront windows
  • Photo 2: 928 Commercial Drive in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "928-938 Commercial Drive" (Vancouver East)  : MLS®# C8081112
    Kitchen featuring wood-finish cabinetry, stainless steel appliances, white subway tile backsplash, white countertops, and wood-finish flooring
  • Photo 3: 928 Commercial Drive in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "928-938 Commercial Drive" (Vancouver East)  : MLS®# C8081112
    Light wood-finish flooring, sliding glass door with balcony access, flush-mount ceiling light fixture, and neutral wall tones
  • Photo 4: 928 Commercial Drive in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "928-938 Commercial Drive" (Vancouver East)  : MLS®# C8081112
    Sliding glass door leading to a private balcony with black metal railings, light wood-finish flooring, and light-colored walls
  • Photo 5: 928 Commercial Drive in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "928-938 Commercial Drive" (Vancouver East)  : MLS®# C8081112
    Bathroom featuring a wood-finish vanity with an integrated sink, white subway tile walls, a built-in bathtub, and wood-finish flooring
  • Photo 6: 928 Commercial Drive in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "928-938 Commercial Drive" (Vancouver East)  : MLS®# C8081112
    Wood-finish flooring, sliding mirrored closet doors, recessed ceiling lighting, and a sliding glass door
  • Photo 7: 928 Commercial Drive in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "928-938 Commercial Drive" (Vancouver East)  : MLS®# C8081112
    Spacious living area with wood-finish flooring, recessed lighting, and a contemporary ceiling fixture
  • Photo 8: 928 Commercial Drive in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "928-938 Commercial Drive" (Vancouver East)  : MLS®# C8081112
    Open-concept living area featuring wood-finish flooring, a contemporary ceiling light fixture, kitchen with stainless steel appliances, and built-in cabinetry
  • Photo 9: 928 Commercial Drive in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "928-938 Commercial Drive" (Vancouver East)  : MLS®# C8081112
    Private balcony featuring a glass and metal railing, brick exterior, and overhead lighting
  • Photo 10: 928 Commercial Drive in Vancouver: Grandview Woodland Multi-Family Commercial for sale in "928-938 Commercial Drive" (Vancouver East)  : MLS®# C8081112
    Modern multi-level building with a brick facade and paneling
Listed by Renanza Realty Inc.
Data was last updated August 9, 2026 at 08:40 PM (UTC)
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