2228 Triumph Street, Grandview Woodland, Vancouver East
For Sale

Grandview Woodland, Vancouver East

2228 Triumph Street

Multi-Family Commercial

Property Type


  • Lot in Sqft 12,089
  • Lot Dimensions in Ft 99x122
  • Net Rentable Area 13,024 sqft
  • PID 015-676-552 & 015-676-544
  • Year Built 1966
  • Number of Units 22
  • Zoning OCP Apartment (6-Storeys) - 2.40 FSR
About the Property

2228 Triumph Street, Vancouver

Originally built in 1966, 2228 Triumph Street is improved with a four-storey, 22-unit apartment building. Perched on a 12,078 SF lot, the Property is finished with a newly-painted stucco façade which is complimented by manicured landscaping and a large, inviting entryway.

  • 4.52% Capitalization Rate wth Further Income Upside

  • 50% of the units have been renovated showcasing a clear path to further income upside upon tenant turnover and renovation

  • Attractive assumable CMHC mortgage negates interest rate concerns

  • Held in a Bare Trust allowing for potential $363,000 in Property Transfer Tax savings

  • Building system and common area upgrades completed, ensuring cashflow protection and limited future capital improvements required

  • Future development potential under the Grandview Woodland OCP

Listing Agent: Steve Fame *PREC  -   604.761.3263   -   email 

(*PREC personal real estate corporation)

Floor Plans and PDFs

The Building

Infinitely accessible, Downtown Vancouver is a quick commute to the west by way of bike paths or public transit, while minutes to the east, Highway 1 connects the area with the remainder of Greater Vancouver. The Property benefits from a six-storey designation under the Grandview Woodland Official Community Plan, which offers investors a clear and distinctive path for future development of nearly 30,000 SF of rental housing. Don’t miss this opportunity to gain a foothold in one of Vancouver’s most burgeoning neighbourhoods while enjoying a clear path of income upside and significant future development potential.


Explore the Area Around 2228 Triumph Street, Grandview Woodland, Vancouver East

Grandview Woodland, Vancouver East

Nestled just east of Victoria Drive, the Portfolio is situated on traffic-calmed streets while still enjoying immediate access to the thriving commercial districts of Hastings Street and Commercial Drive which feature a variety of boutiques, cafes and award-winning restaurants and bars.

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Contact us today for more information or a private viewing of this Multi-Family Commercial