6978 VICTORIA DRIVE

6978 VICTORIA DRIVE · Vancouver, Killarney · Business · $3,380,000 · MLS C8073375

Vancouver, British Columbia · Neighbourhood: Killarney
C$3,380,000
For sale
6978 VICTORIA DRIVE

6978 VICTORIA DRIVE is located in Vancouver (Killarney). Property snapshot: Business, listed at $3,380,000, MLS C8073375. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 138. Catchment schools include Sir Charles Kingsford

List Price: $3,380,000
MLS: C8073375
Interior Size: 2,300 sqft
Days on Site: 138
Catchment Schools: Catchment schools include Sir Charles Kingsford-Smith, David Thompson Secondary

Local Decision Guide

How should buyers evaluate 6978 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 6978 VICTORIA DRIVE?

This page shows a list price of $3,380,000 with MLS C8073375.

What type of home is this Vancouver, Killarney listing?

The page shows Business at 6978 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 138 days on market/site.

Which catchment schools are associated with 6978 VICTORIA DRIVE?

Catchment schools include Sir Charles Kingsford-Smith, 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

Exceptional opportunity to own a prime commercial property along bustling Victoria Drive! Located at 6978 Victoria Drive, Vancouver, this property sits on a 3,352 sq.ft. lot with approximately 2,021 sq.ft. of leasable space. Currently the building is tenanted with a well-maintained Chinese restaurant. There is a big potential to turnkey/own a restaurant or lease for exceptional income stream. The property offers excellent street exposure, steady vehicle and pedestrian traffic, and strong surrounding residential density. Ideal for an investor seeking stable rental income or an owner-occupier looking for a high-visibility location. A rare chance to acquire a freehold commercial property in one of East Vancouver's most vibrant commercial corridors. (id:56153)

Property Details

Business
Building Type
-
Bedrooms
-
Bathrooms
1954
Year Built
72 years
Age
138
Days on Site
2,300 sqft
Interior Size
C$1,470
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29037809 (C8073375)

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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$3,380,000

Days on Site: 138 days

Added to BurnabyHouse: 2026-03-06

Updated on: 2026-05-07 02:01 PM PDT

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Lot info

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

Schools

Sir Charles Kingsford-Smith ELEMENTARY
Public · School District 39
6901 Elliott St, Vancouver, BC
Straight-line distance about 742.3 m
Fraser 2019: #58/251 · score 7.1 · GIS map
Public · School District 39
1755 55th Ave E, Vancouver, BC
Straight-line distance about 368.6 m
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
About 603.3 m away
6414 Victoria Drive, Vancouver
About 714.3 m away
6399 Victoria Drive
Shopping Centres
About 1 km away
About 1.4 km away
Parks / Green Space
About 259.3 m away
About 478.2 m away

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Last Updated: Thu, 07 May 2026 01:02:19 PM PDT

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Listing Office: Macdonald Realty Westmar

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