5868 VICTORIA DRIVE

5868 VICTORIA DRIVE · Vancouver, Killarney · Retail · $3,480,000 · MLS C8074429

Vancouver, British Columbia · Neighbourhood: Killarney
C$3,480,000
For sale
5868 VICTORIA DRIVE

5868 VICTORIA DRIVE is located in Vancouver (Killarney). Property snapshot: Retail, listed at $3,480,000, MLS C8074429. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 126. Catchment schools include Waverley Elementary, Da

List Price: $3,480,000
MLS: C8074429
Interior Size: 4,400 sqft
Days on Site: 126
Catchment Schools: Catchment schools include Waverley Elementary, David Thompson Secondary

Local Decision Guide

How should buyers evaluate 5868 VICTORIA DRIVE?

Start by reading this listing in its Vancouver Killarney context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

Vancouver listings should separate R1-1, RS, RT, laneway house and multiplex rules during review. R1-1 is an important low-density housing reform signal, but heritage, trees, underground servicing, parking, corner-lot conditions and existing building condition can all change the practical outcome.

Vancouver R1-1 / RS / RT / laneway quick checklist
  • Confirm whether zoning is R1-1, RS, RT or another district.
  • Review laneway house, multiplex, heritage, tree, parking and servicing rules separately.
  • Do not rely on lot size alone; corner-lot conditions, underground servicing and existing building condition can affect the plan.
What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 5868 VICTORIA DRIVE?

This page shows a list price of $3,480,000 with MLS C8074429.

What type of home is this Vancouver, Killarney listing?

The page shows Retail at 5868 VICTORIA DRIVE. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 126 days on market/site.

Which catchment schools are associated with 5868 VICTORIA DRIVE?

Catchment schools include Waverley Elementary, David Thompson Secondary. Catchment boundaries can change, so buyers should verify with the school district or their realtor before writing an offer.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

How should Vancouver listings be screened for R1-1, RS, RT, laneway and multiplex risk?

Vancouver listings should be checked against R1-1, RS, RT and other zoning, laneway house rules, multiplex rules, heritage, trees, parking, servicing and permits. Block-level and site-level constraints can change the outcome.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

Must See! Total Aprrox.4,118.4 SqFt (33 ft x 124.8 ft) lot size in Vancouver Victoria-Fraserview area. Located at the busy Victoria Drive, between E 41st Ave and E 44th Ave, good exposure with lots of foot traffic. 2 retail units on ground floor, each is approx. 1,200 SqFt. 2 of 2 bedroom residential units on the second floor, each is approx. 1,000 SqFt. Fully rented with long term tenants. Under C-2 zoning suit for most of commercial use. Potential for mixed-use rental development with 3.5 FSR, up to 6 storeys. A rare opportunity for people who are looking for investment or own usage property in Vancouver. Don't hesitate, call now for more details! (id:56153)

Property Details

Retail
Building Type
-
Bedrooms
-
Bathrooms
1967
Year Built
59 years
Age
126
Days on Site
4,400 sqft
Interior Size
C$791
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29176015 (C8074429)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$3,480,000

Days on Site: 126 days

Added to Relistico: 2026-03-06

Updated on: 2026-07-09 01:03 PM PDT

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Lot info

Free sign-up unlocks full lot information
Includes parcel identifiers, size details, and land and approval context.

Schools

Waverley Elementary ELEMENTARY
Public · School District 39
6111 Elliott St, Vancouver, BC
Straight-line distance about 789.7 m
David Thompson Secondary SECONDARY
Public · School District 39
1755 55th Ave E, Vancouver, BC
Straight-line distance about 1.2 km
Nearby Private Schools
Free sign-up unlocks nearby private school details
Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
Consumer Food Market
About 30.1 m away
Doli Supermarket
About 37.2 m away
Shopping Centres
Victoria Square
About 299 m away
Killarney Centre
About 1 km away
Parks / Green Space
Tecumseh Park
About 347.5 m away
Jones Park
About 590.8 m away

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Last Updated: Thu, 09 Jul 2026 12:13:36 PM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: RE/MAX City Realty

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