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Investment signal

$1,499,000

780 VICTORIA DRIVE

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Beds

Baths

Sqft

—

Year

1910

Type

Single Family

Suite

Investment signal

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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

EXCELLENT OPPORTUNITY FOR INVESTORS OR BUILDERS. ONE BLOCK FROM COMMERCIAL DRIVE IN A HIGH DEMAND RENTAL AREA, THIS WELL KEPT & PARTLY UPDATED 3 LEVEL HOME WITH DETACHED GARAGE AND LANE ACCESS. FEATURES, 6 SELF CONTAINED SUITES WITH EXCELLENT & CLEAN MONTH TO MONTH TENANTS, LOW MAINTENANCE RENTAL PROPERTY THAT GENERATES GOOD ANNUAL INCOME AND IS EASY TO MANAGE. ALL ON A 32.86 X120 LEVEL LOT RM-4 ZONING WHICH ALLOWS THE BUILDING OF 2 HALF DUPLEXES FROM .60 TO 1.00 FLOOR TO SPACE RATIO OR A SINGLE HOUSE + A COACH HOUSE FROM .75 TO 1.00 FLOOR TO SPACE RATIO. ALL ON A PICTURESQUE NEIGHBORHOOD IN THE VERY POPULAR COMMERCIAL DRIVE AREA. WALK TO RESTAURANTS, SHOPS, SCHOOL, PARK, TRANSPORTATION, BRITANNIA COMMUNITY CENTRE & ONLY MINUTES TO DOWNTOWN. A GREAT INVESTMENT PROPERTY!! (id:65958)

Subtype: Single Family
Architectural style: 2 Level
Structure: House
Common interest: Freehold
Living area: 2,964 square feet
Lot size: 3,943.2 square feet
Lot dimensions: 3943.2
Parking: 2 total
On market: Apr 17, 2026
Status changed: Apr 20, 2026
Annual tax: $5,481 (2025)
Photos: 4
MLS#: R3112767
Area: VANCOUVER

Features and systems

Parking

Garage

Basement

FinishedFullSeparate entrance

Appliances

RefrigeratorStoveWasher & Dryer

Heating

Forced airNatural gas

Lot

Central location

Negative cash flow ~$1,592/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.37%

Cap rate

3.59%

GRM

16.7

Break-even rent

$9,176

Financing

Down payment$299,800

Loan amount$1,199,200

Mortgage$6,076/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$687

Insurance$80

Maintenance$1,249

CapEx reserve$625

Vacancy loss$375

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

Estimated $6,076/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 20, 2026.