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$2,373,000
1951 NAPIER STREET, Vancouver BC V5L 2N6
Parallel 49 Realty
MLS® R3172588
5Beds
5Baths
3,060Sq Ft
2Parking
1912Built
4,026Lot Sq Ft
Listing history
About This Property
Maximize your portfolio with this architectural character-rich income property generating over $80k in annual revenue with upside rent potential. Perfectly situated in the heart of Grandview-Woodland, one of Vancouver’s most historic communities, this 1912 home features 5 separate rental suites. Spanning four levels, with views of the North Shore Mountains, this home offers incredible versatility as a high-performing holding investment or a premier owner-occupier setup. The home has potential to qualify for City of Vancouver character home designation with possibility to add more density for additional future value. Located on a quiet, tree-lined stretch of Napier Street, the home is just two blocks from Commercial Drive and Little Italy. Great central location, 10 min from Downtown.
Parallel 49 RealtyMLS® R3172588
Property Location
Map
Property Details
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- Property Type
- Single Family Residence
- Bedrooms
- 5
- Bathrooms
- 5
- Building Area
- 3,060 sqft
- Living Area
- 3,060 sqft
- Year Built
- 1912
- Stories
- 3.0
- Status
- Active
- MLS® Number
- R3172588
Location & Neighborhood
What's nearby 1951 NAPIER STREET, Vancouver BC V5L 2N6
Nearby Schools
- Assigned
- Assigned
- St Francis of Assisi0.2 km
Elementary School • Independent • K–7
- χpey̓ Elementary0.6 km
Elementary School • Public • K–7
- Britannia Community Elementary0.5 km
Elementary School • Public • K–7
- Britannia Community Secondary0.6 km
Secondary School • Public • 8–12
- Queen Victoria Annex0.9 km
Elementary School • Public • K–7
Parks & Recreation
- Salsbury Park0.4 km
park
- Victoria Park0.4 km
park
- Children's Playground0.5 km
playground
Transit Access
- Commercial Dr (NB) at Napier St0.4 km
Bus Stop
- Commercial Dr (SB) at Parker St0.4 km
Bus Stop
- Commercial Dr (SB) at William St0.4 km
Bus Stop
- Commercial Dr (NB) at Charles St0.4 km
Bus Stop
- 0.4 km
Local Amenities
Dining
- Bombay Kitchen and Bar0.3 km
- Britannia Sushi0.3 km
Grocery
- Mi Tierra Latina0.3 km
- Choices Market0.4 km
Coffee & Cafes
- Moja Coffee0.3 km
Property Assessment History
| Year | Land | Building | Total | Tax |
|---|---|---|---|---|
| 2026 | $1,675,000 | $511,000 | $2,186,000 | $7,918.57 |
| 2025 | $1,782,000 | $275,000 | $2,057,000 | $6,979.28 |
| 2024 | $1,819,000 | $278,000 | $2,097,000 | $6,747.27 |
| 2023 | $1,781,000 | $291,000 | $2,072,000 | $6,261.6 |
| 2022 | $1,714,000 | $350,000 | $2,064,000 | $6,035.21 |
| 2021 | $1,398,000 | $325,000 | $1,723,000 | $5,524.46 |
| 2020 | $1,330,000 | $336,000 | $1,666,000 | $5,359.18 |
POI data updated 10/7/2026
Last updated: Oct 8, 2026
The data relating to real estate on this website comes in part from the MLS® Reciprocity program.