Triplex Homes for Sale in Grandview—Woodland, Vancouver

Triplex Homes For Sale in Grandview—Woodland, Vancouver

Nestled between the bustling vibe of Commercial Drive and the serene landscapes of Trout Lake, Grandview-Woodland stands as a cultural mosaic that beckons both homebuyers and investors. This neighbourhood isn’t just a place to live; it's a vibrant community rich with history and modern charm, making it an ideal spot for anyone looking to own a triplex home that can attract a variety of tenants or function as a lucrative family investment.

Cultural Hub: Home to the celebrated Commercial Drive, often referred to as “The Drive,” this area is a hotspot for eclectic shopping, diverse cuisine, and vibrant festivals that celebrate the area's multicultural makeup. A triplex here means a steady appeal for culturally-inclined tenants and buyers.

Community and Recreation: With facilities like the Britannia Community Centre and the verdant expanses of Trout Lake offering year-round activities, residents of all ages find something to enjoy. These amenities not only enhance lifestyle but also boost property desirability and value.

Transport and Accessibility: Featuring excellent transit links, including SkyTrain access via the Commercial-Broadway Station, the neighbourhood promises easy commutes to downtown Vancouver and beyond. This connectivity is a significant selling point for potential renters or buyers looking for convenience.

Family-Friendly Vibe: The area’s numerous schools, parks, and family-oriented events like the Trout Lake Farmers Market make it especially appealing to families and young professionals. A triplex in this part of Vancouver is not just a home; it's part of a thriving community.

Investing in a triplex in Grandview-Woodland means tapping into a lifestyle that combines urban conveniences with a strong sense of community. It’s a smart choice for those looking to make a sound investment in Vancouver’s ever-growing real estate market. Whether it's capitalizing on rental opportunities or residing in a dynamic area, Grandview-Woodland delivers both in spades.

Listing Details

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3008 Clark Drive - MLS® # R2955008

Property Details

List Price

1999900

Living Area

2,330 sqft.

Bedrooms

Bathrooms

Lot Size Area

4396.0 sqft

Taxes

3027.0

Type

Triplex

Style

N/A

Basement

Full, Partially Finished, Exterior Entry

Year Built

1955

Description

Cash-flowing East Vancouver triplex with projected NOI of $88,000 and a strong 4.40% cap rate. Offered with vacant possession, all three fully upgraded units can be leased at market rents immediately. Includes two spacious 2-bed + flex suites and a studio with private entry, on a 4,396 SF RT-2 corner lot. Features include sprinklers, separate meters, dual furnaces, two hot water tanks, shared laundry, dry storage, and North Shore mountain views. Built in 1955 and modernized throughout, the property is ideal for investors or owner-occupiers seeking stable yield with future redevelopment upside in a high-demand, transit-connected rental corridor.

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