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Investment signal

$1,579,000

620 SLOCAN STREET

Save this home

Beds

6

Baths

3

Sqft

Year

1914

Type

Single 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

PRICED AT LAND VALUE! This PRIME redevelopment opportunity in the heart of Hastings-Sunrise is the hold-and-build play you've been waiting for. The 33´ x 122´ (4,026 sq.ft.) lot with rear lane access is zoned R1-1 and offers excellent potential for up to 4 units (buyer to verify with City). IDEAL for builders, investors, or buyers looking to secure future upside in a rapidly evolving neighbourhood. Potential future views with increased building height. The existing home features TWO spacious 3-bedroom suites with separate entrances, providing strong CASH FLOW while redevelopment plans are explored. Minutes to downtown Vancouver, and steps to transit, schools, parks, and The Drive. Opportunities like this - income today, density tomorrow - don't come often. Don't miss your chance to see it! OPEN HOUSE: Sunday April 26th, 2-4pm. (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
House
Common interest
Freehold
Living area
2,410 square feet
Lot size
4,026 square feet
Lot dimensions
4026
Parking
1 total
Fireplace
1
On market
Apr 15, 2026
Status changed
Apr 28, 2026
Annual tax
$8,512.16 (2025)
Photos
35
MLS#
R3111301
Area
VANCOUVER

Features and systems

Parking

Garage

Basement

FinishedSeparate entranceUnknown

Appliances

AllSatellite DishDishwasher

Heating

Forced airElectric

Lot

Central location

Security

Smoke Detectors
Negative cash flow ~$1,673/mo at these assumptions

Cash on cash

-6.36%

Cap rate

3.59%

GRM

16.7

Break-even rent

$9,661

Financing

Down payment$315,800
Loan amount$1,263,200
Mortgage$6,400/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$724
Insurance$80
Maintenance$1,316
CapEx reserve$658
Vacancy loss$395

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.

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.

Mortgage estimate

Estimated $6,400/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 28, 2026.

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