221 E GEORGIA STREET, Vancouver

2025-11-18

221 E GEORGIA STREET, Vancouver, British Columbia

1353 ft²

For Sale Multi-family

$2,598,000

MLS®#C8073870

Prime mixed-use investment in the heart of historic Chinatown/Strathcona. This 3-storey character building (1912) features a large street-front retail unit and 16 Single Room Accommodation (SRA) rooms above, including 6 with private washrooms. Solid structure with recent roof work completed (2020) and rear steel staircase (replaced in 2022). Approx. $171,000 gross and $136,000 net income when fully leased/rented (5.23% cap rate). Exceptional location steps to transit, downtown, and the new St. Paul's Hospital. Reliable income property with value-add and redevelopment potential. (id:32467)

Building	Multi-family
Rooms
Bedrooms
Bathrooms	0
Square Footage	1353 ft²
Built in	1912
Parking Type
Neighbourhood	Vancouver

How much could you save on commission?

How much could you save in commission selling with One Percent Realty?

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$500,000

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Your One Percent Realty
Commission savings^†

$500,000

^† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 2.5% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

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One Percent Realty's top FAQs

What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

What do you charge?

Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950

Are your listings on MLS® and realtor.ca?

Yes, and yes.

Learn more about the 1% Deal

Ian Bailey

Manager

ibailey@onepercentrealty.com

(604) 551-9467

Support Area:
Vancouver

Ian is the managing broker in the Vancouver Office which services the entire province. If you are a new REALTOR ®, or an existing REALTOR ® looking at new opportunities, give him a call or email. Always looking for new REALTORS ®-give me a call!

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