Triplex Homes for Sale in Little Italy, Vancouver

Triplex Homes For Sale in Little Italy, Vancouver

Welcome to Little Italy, Vancouver – a slice of European charm nestled in the heart of the city, where the aroma of freshly baked focaccia mingles with the vibrant hum of local markets. This neighbourhood isn’t just a place; it’s an experience. Perfectly suited for those looking to buy or sell a triplex, Little Italy boasts a unique blend of historical allure and modern convenience. Imagine strolling down tree-lined streets, where every corner cafe feels like home and every neighbour is like famiglia. Whether you're looking to invest in a multifamily property or sell one, Little Italy offers an enticing package of benefits.

Historical Charm with Modern Amenities: Many triplex homes in Little Italy seamlessly blend classic architecture with contemporary upgrades, offering buyers the best of both worlds.

Cultural Hotspot: This neighbourhood is rich in Italian heritage, with festivals, authentic restaurants, and specialty shops that provide a vibrant, community-focused lifestyle.

Strong Rental Market: Given its desirable location and cultural appeal, triplex properties here are in high demand among renters, promising excellent rental income for investors.

Proximity to Amenities: From bustling Commercial Drive to serene Trout Lake, residents enjoy easy access to parks, schools, shopping, and public transport.

Tight-knit Community: The local vibe is warm and welcoming, making it ideal for families and professionals alike who value a sense of belonging and security.

Selling or buying a triplex in Little Italy isn’t just a transaction; it’s stepping into a story-rich neighbourhood that promises a vibrant, connected, and fulfilling lifestyle. Dive into this opportunity and let the unique charm of Little Italy work for you.

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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