1622 E 1ST AVENUE
Grandview Woodland

$1,499,000
House/Single Family beds: 8 baths: 3.0 2,440 sq. ft.

Main Photo: 1622 E 1ST AVENUE,
Status:
Sold
Prop. Type:
House/Single Family
Sold Date:
Jan 10, 2018
Bedrooms:
8
Bathrooms:
3
Investors alert in prime and vibrant Commercial Drive area. This property brings in $55,800 per year and nets around 3% cap rate. The RM-4N zoning offers great opportunity for new development and is in line for new RM6 zoning in near future, which offers 2.4 FSR and 6 storeys potential. The property has a newer roof, furnace, HWT and is always fully rented. Great holding property with future potential development. Call today to get more information.
Price:
$1,499,000
Property Type:
House/Single Family
Status:
Sold
  • Photo 1: 1622 E 1ST AVENUE,
    Photo 1 of 1
Larger map options:
Larger map Satellite map Street View Walkscore
Listed by Royal First Realty
Data was last updated December 3, 2025 at 04:10 AM (UTC)
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.