230 1055 W GEROGIA STREET

230 1055 W GEROGIA STREET · Vancouver, Cambie · Business · $128,000 · MLS 29206154

Vancouver, British Columbia · Neighbourhood: Cambie
C$128,000
For sale
230 1055 W GEROGIA STREET

230 1055 W GEROGIA STREET is located in Vancouver (Cambie). Property snapshot: Business, listed at $128,000, MLS 29206154. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 125. Catchment schools include Edith Cavell Element

List Price: $128,000
MLS: 29206154
Interior Size: 357 sqft
Days on Site: 125
Catchment Schools: Catchment schools include Edith Cavell Elementary, Eric Hamber Secondary

Local Decision Guide

How should buyers evaluate 230 1055 W GEROGIA STREET?

Start by reading this listing in its Vancouver Cambie 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 230 1055 W GEROGIA STREET?

This page shows a list price of $128,000 with MLS 29206154.

What type of home is this Vancouver, Cambie listing?

The page shows Business at 230 1055 W GEROGIA STREET. 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 125 days on market/site.

Which catchment schools are associated with 230 1055 W GEROGIA STREET?

Catchment schools include Edith Cavell Elementary, Eric Hamber 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

Own and operate a Mr Steak franchise in a bustling food court inside Royal Centre, one of downtown Vancouver's busiest commercial hubs. The location benefits from high daily foot traffic from office workers, shoppers, and visitors, and is near Burrard SkyTrain Station for easy access.Royal Centre is undergoing a multi-million-dollar renovation of its lobby and retail spaces to modernize the shopping and dining environment. Once completed, foot traffic and visibility will increase, providing an even stronger customer base. The unit is turnkey ready, ideal for fast-casual operations, takeout, and dine-in service. The menu features premium steaks and classic Western fast-casual dishes, appealing to customers seeking quick, high-quality meals. Improved internal pathways offer additional growth potential.This is an excellent opportunity to operate under the established Mr Steak brand in a prime downtown location. Don't miss this high-traffic, turnkey business with strong growth potential. (id:56153)

Property Details

Business
Building Type
-
Bedrooms
-
Bathrooms
357 sqft
Interior Size
C$359
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29206154 (29206154)

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Site Context

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Property Summary

Price: C$128,000

Interior Size: 357 sqft

Days on Site: 125 days

Added to BurnabyHouse: 2026-03-06

Updated on: 2026-03-06 11:16 PM PST

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

Edith Cavell Elementary ELEMENTARY
Public · School District 39
500 20th Ave W, Vancouver, BC
Straight-line distance about 392.4 m
Eric Hamber Secondary SECONDARY
Public · School District 39
5025 Willow St, 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
Safeway
About 541.8 m away
990 West King Edward Avenue, Vancouver
Choice's Market
About 586.6 m away
3493 Cambie Street, Vancouver
Shopping Centres
King Edward Mall
About 507.2 m away
Plaza Cambie 15
About 993.7 m away
Parks / Green Space
Braemar Park
About 382.9 m away
Douglas Park
About 391.7 m away
Rapid Transit Stations
King Edward Stn
About 318.3 m away

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Last Updated: 2026-01-06 23:02:16

Data Provider: Greater Vancouver REALTORS®

Listing Office: Grand Central Realty

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