Here is Information for Bob Bracken's New Listing at 1072 East 55th Ave Vancouver, located in the midst of vibrant South Vancouver, in a quality neighbourhood of many Newer Homes. This is a Character 4 Unit Income Property, 3 Levels, 2922 SF, on a 33’X110’ R1-1 Lot with Lane. The House is in Good Condition with Updates to Kitchens, Baths, Electrical, Plumbing. Good Tenants with no vacancies.
Total Gr Income $6,103/mo, $73,236/yr, well below Market. Potential Gr Income $7,500/mo, $90,000/yr, Potential Cap Rate 4.8%. Suite Mix: 1 X 3 Bdrm Unit, 1 X 2 Bdrm + Den Unit, 1 X 1 Bdrm + Den Unit & Studio Unit.
Top Floor: Ample 720 SF 1 Bdrm + Den, Bath, Good Size Bdrm, Bright Living Room, nice Kitchen leading to Den/Office & Rear Door, Rent $1,135/mo. Main Floor: Spacious 1050 SF 3 Bdrm, Bath with H/W Floors, Big Rooms, lots of Window/lights, Rent $1,766/mo. Shared Coined Laundry at the rear of the Main Floor, accessible by All Tenants & provides $200/mo Laundry Income. Lower Floor: has 2 Suites: a Big 700 SF, 2 Bdrm + Den, Bath, Big Rooms, Good Ceiling Height, Separate Entrance, Rent $1,215/mo. Plus Cozy 325 SF Studio, Self-Contained, Separate Entrance, Rent $937/mo. Lower Floor also includes a Mechanical Room containing Boiler, 4 Electric Meters & 4 Hot Water Tanks (1 for Laundry).
There are 3 Separate Gas Meters at the side of the House. The rear Yard is a decent size. Also at the Rear of the property is a Big Double Garage with 2 Separate Individual Bays, Each with its own Entrances, Garage Doors & Electrical Power, Rent $650/mo ($300 & $350). Plus an Additional Open Rear Parking Space.
The Location is a Great South Vancouver Residential neighbourhood that has undergone many newer Home changes over the years. Close to Restaurants, Shopping, Coffee Houses, Parks, Transit. Close to Great Schools, Langara College. Vancouver Walk Score 72, Transit Score 59, Bike Score 61.
For Investors this is a Great Investment Property, no vacancies. Also Perfect for Owner Occupiers & Extended Families wanting lots of Accommodation & Mortgage help. For Builders, Great Building Site for New Home with Laneway House. All Showings by Appointment w 2 Day Notice, MUST CONFIRM ATTENDANCE. Call Bob Bracken at 604-220-2035 for Info Pkg, Floor Plan, Viewing. Great Opportunity! Asking Price $1,668,000! Showing Sat Nov 1st @ noon - please call Bob to attend.
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Exterior Entry to Basement, Two Levels
Ownership:
Freehold NonStrata
Year built:
1910
(Age: 115)
Living Area:
2,922 sq. ft.271 m2
Floor Area - Unfinished:
0 sq. ft.0 m2
Building Area - Total:
2,922 sq. ft.271 m2
Levels:
Two
Bedrooms:
8
(Above Grd: 8)
Bathrooms:
4.0
(Full:4/Half:0)
Kitchens:
3
Rooms:
22
Taxes:
$5,687.27 /
2025
Lot Area:
3,630 sq. ft.337 m2
Lot Frontage:
33'10.1 m
Lot Details:
33 x 110
Outdoor Area:
Balcony
Water Supply:
Public
Plan:
VAP2586
Construction Materials:
Frame Wood, Stucco
Foundation:
Concrete Perimeter
Basement:
Full, Finished, Exterior Entry
Roof:
Asphalt
No. Floor Levels:
2.0
Floor Area Fin - Above Grade:
1,843 sq. ft.171 m2
Floor Area Fin - Above Main:
720 sq. ft.66.9 m2
Floor Area Fin - Above Main 2:
0 sq. ft.0 m2
Floor Area Fin - Main:
1,123 sq. ft.104 m2
Floor Area Fin - Below Main:
1,079 sq. ft.100 m2
Floor Area Fin - Below Grade:
0 sq. ft.0 m2
Floor Area Fin - Basement:
0 sq. ft.0 m2
Floor Area Fin - Total:
2,922 sq. ft.271 m2
Heating:
Electric, Hot Water, Natural Gas
Fireplaces:
0
# Of Garage Spaces:
2.0
Patio And Porch Features:
Patio, Deck
Parking Features:
Garage Double, Open, Lane Access, Rear Access
Parking:
Garage Double, Open
# Of Parking Spaces - Total:
3
# Of Covered Spaces:
2.0
Parking Total/Covered:
3 / 2
Balcony
1
LOT 7, BLOCK 5, PLAN VAP2586, DISTRICT LOT 658, GROUP 1, NEW WESTMINSTER LAND DISTRICT
Floor
Type
Size
Other
Main
Living Room
14'3"4.34 m × 12'7"3.84 m
-
Main
Library
11'11"3.63 m × 10'11"3.33 m
-
Main
Bedroom
12'7"3.84 m × 9'10"3.00 m
-
Main
Bedroom
10'6"3.20 m × 6'7"2.01 m
-
Main
Bedroom
10'5"3.18 m × 6'7"2.01 m
-
Main
Bedroom
12'6"3.81 m × 6'8"2.03 m
-
Main
Laundry
9'2.74 m × 6'2"1.88 m
-
Main
Foyer
7'6"2.29 m × 5'5"1.65 m
-
Above
Living Room
14'11"4.55 m × 11'10"3.61 m
-
Above
Kitchen
10'10"3.30 m × 8'1"2.46 m
-
Above
Bedroom
11'7"3.53 m × 8'10"2.69 m
-
Above
Den
9'2.74 m × 6'7"2.01 m
-
Above
Storage
5'6"1.68 m × 5'1.52 m
-
Below
Living Room
11'5"3.48 m × 9'8"2.95 m
-
Below
Kitchen
11'4"3.45 m × 8'2"2.49 m
-
Below
Bedroom
11'2"3.40 m × 8'9"2.67 m
-
Below
Bedroom
11'8"3.56 m × 6'7"2.01 m
-
Below
Den
9'3"2.82 m × 6'7"2.01 m
-
Below
Kitchen
8'5"2.57 m × 4'7"1.40 m
-
Below
Eating Area
7'2.13 m × 7'2.13 m
-
Below
Bedroom
13'2"4.01 m × 7'2.13 m
-
Below
Utility
10'5"3.18 m × 7'2.13 m
-
Floor
Ensuite
Pieces
Other
Main
No
4
Above
No
4
Below
No
4
Below
No
4
Age Restrictions:
No
Property Disclosure:
No
Fixtures Leased:
No
Fixtures Removed:
No
Home Owners Association:
No
Original Price:
$1,668,000
Land Lease:
No
Zoning:
R1-1
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Data was last updated October 29, 2025 at 08:40 AM (UTC)
Area Statistics
Listings on market:
106
Avg list price:
$1,699,000
Min list price:
$489,000
Max list price:
$4,100,000
Avg days on market:
54
Min days on market:
2
Max days on market:
463
Avg price per sq.ft.:
$932.63
These statistics are generated based on the current listing's property type
and located in
South Vancouver. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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