6 bed
3 bath
2,194 sqft
Single Family Residence
Built in 1931
4,276 sqft lot
1 parking
1 fireplace
Freehold NonStrata
R1-1 zone
Public remarks
Prime investment and development opportunity! Located directly across from Oak Park and steps away from the brand-new, under-construction 183,000 sq ft, $91 million new Marpole Community Centre, this fully renovated 6-bedroom, 3-bathroom home offers strong rental income and future potential. Sitting on a 4,277 sq ft lot, the home was extensively updated in 2023 with modern finishes and a functional layout perfect for multi-family living. Currently rented 5 bedrooms for $5,000/month, making it ideal for investors or developers looking to hold and build. Roof updated in 2017. Rare chance to own a property in a rapidly growing neighborhood with major amenities and transit nearby.
Private remarks
Developers, Investors Alert! All meas are approx. buyer to verify if important. RS-1 ZONING. Marpole Community Plan. Multiple Dwelling Redevelopment Opportunity! Frontage 33' Ft. Floor plan SF taken from 3D. Listing Agent is in a team, please accompany team disclosure within any offers. The current rent is $5,000/month for 5 bedrooms.Please text Banks for fastest response. Offers, if any, to be sent to [email protected]
Buyer agency compensation
3.255% on 1st $100,000 + 1.1625% on the balance.
$1,999,000 ($911/sqft)
Active
Listed
05/08/2025
Expiry date
Original price
Gross taxes (2024)
$8,214.00
Property transfer tax
$37,980.00
Last Updated: 05/09/2025 10:02 PM
Courtesy of Dracco Pacific Realty
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
922 Park Drive | R3000201 | 05/09/2025 10:02 PM | 05/08/2025 | Active | $1,999,000 | Login to view | Frank Peng PREC* | Dracco Pacific Realty |
922 Park Drive | R2889962 | 10/25/2024 06:50 PM | 06/03/2024 | Terminated | $2,389,000 | Login to view | RE/MAX Crest Realty | |
922 Park Drive | R2833079 | 06/03/2024 01:04 PM | 11/16/2023 | Terminated | $2,488,000 | Login to view | RE/MAX Crest Realty | |
922 Park Drive | R2782766 | 11/14/2023 12:53 PM | 05/29/2023 | Terminated | $2,880,000 | Login to view | RE/MAX Crest Realty |