$4,000,000
507-509 MAIN STREET
Beds
—
Baths
—
Sqft
—
Year
1908
Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Vancouver. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
This maintain well three-storey plus basement buiding located on main & Pender, core of chinatown. The building including 35 rooms ( two family bedroom with kitchen & bath, one office) rooming house / hotel, a ground floor retail, currently rented to a india restaurant with a long term lease. The price is including the rooming house business. Turkey business with easy operation. (id:65958)
- Subtype
- Multi-family
- Living area
- 8,700 square feet
- Lot size
- 3,120 square feet
- Lot dimensions
- 3120
- Condo/HOA fee
- $0 monthly
- On market
- Mar 23, 2026
- Status changed
- Apr 27, 2026
- Annual tax
- $15,070.97 (2025)
- Zoning
- HA-1A
- Photos
- 1
- MLS#
- C8077274
- Area
- VANCOUVER
Features and systems
Utilities
Cash on cash
-6.19%
Cap rate
3.63%
GRM
16.7
Break-even rent
$24,344
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.