Fantastic opportunity to own, live, and earn! This charming character home in the heart of Vancouver’s vibrant Little Italy has been beautifully updated with modern finishes. Featuring three self-contained suites — including a turnkey Airbnb — this three-level property offers exceptional income potential with a 10%+ cap rate. Recent upgrades include a new furnace (Nov 2025), new insulation, custom insulated windows, quartz stone countertops, cabinetry, flooring, and fresh paint (2022). Enjoy private laundry, a fully fenced backyard, and secure gated entry. Steps from transit, SkyTrain, downtown, False Creek, Science World, Rogers Arena, and more — perfect for urban living with strong income potential. **Call the agent for a private showing**
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Kitchen | 9'8 x 9'8 ft |
| Main Level | Living Room | 11'1 x 11'1 ft |
| Main Level | Bedroom | 10'7 x 10'7 ft |
| Main Level | Bedroom | 9'11 x 9'11 ft |
| Above Level | Kitchen | 10'1 x 10'1 ft |
| Above Level | Bedroom | 6'0 x 6'0 ft |
| Above Level | Bedroom | 9'4 x 9'4 ft |
| Above Level | Living Room | 10'11 x 10'11 ft |
| Basement Level | Kitchen | 10'0 x 10'0 ft |
| Basement Level | Living Room | 10'8 x 10'8 ft |
| Basement Level | Bedroom | 9'9 x 9'9 ft |
| Basement Level | Bedroom | 14'6 x 14'6 ft |
| Basement Level | Utility | 6'9 x 6'9 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Above Level | No | #3 |
| Basement | No | #3 |
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
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Welcome to 1620 Mclean Drive, Vancouver, BC
As we walk through the charming streets of Grandview Woodland, I'm excited to share with you the vibrant community that surrounds this beautiful property, listed as MLS® R3057491. With its desirable location, excellent schools, and a range of lifestyle amenities, 1620 Mclean Drive is an ideal choice for families and individuals alike.
Exceptional Schools in the Area
The property is serviced by Britannia Community Elementary School, located just 0.56 km away. This highly-rated school is a favorite among families, and its proximity to the property makes it an excellent option for those with children. Additionally, Britannia Community Secondary School is also within walking distance, at 0.73 km.
For those seeking independent education, St. Francis of Assisi Elementary School is just 1.04 km away, boasting a stellar rating of 8.9/10. Columbia College, a respected secondary independent school, is also nearby, at 1.45 km.
Safe and Secure Community
According to Statistics Canada's 2020 report, the overall crime rate in the area surrounding 1620 Mclean Drive, Vancouver, BC is Average, with 7,470.82 incidents per 100,000 population. While there were 52,217 disturbances in the neighborhood, the rate has decreased by 14.94% year-over-year. The property itself has an Average drug crime rate, with 229.49 incidents in 2020. Property crimes are Above Average, with 5,020.27 incidents in 2020, but have seen a decline of 20.80% in the past year. Violent crime rates are Below Average, with 1,311.69 incidents in 2020, and have increased by 3.53% year-over-year.
Convenient Location and Lifestyle Amenities
The nearest bus station, Northbound Clark Dr @ E 1st Ave, is just 0.15 km away from the property, making it an excellent option for those who rely on public transportation. The area is also teeming with lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops.
Demographics and Community
The neighborhood has a High percentage of residents with a university certificate or degree, at 44.7%. In contrast, 10.3% of the population has no certificate or degree, which is Low compared to the average in BC. The median household income in the area is $60,946, which is Below Average compared to the British Columbia average. Median personal income is $36,043, which is Average in comparison. A High percentage of households in the area have a mortgage, at 71.1%.
Unemployment Rate and Population Growth
The unemployment rate in the area surrounding 1620 Mclean Drive, Vancouver, BC is Low, at 4%. The population growth rate in the area has been High, at 9.5% between 2011 and 2016.
Diverse Community and Transportation Options
The area has a High population density, at 6,814.1 people per square kilometer. The average family size in the area is 2.6, which is Low compared to the whole region. A Low percentage of families in the area have children, at 48.8%. The average age of the population in the area is 38.3, which is Below Average in comparison to other BC cities. A High percentage of residents in the area use public transportation, at 29.7%, while 41.7% use cars, which is Low. A High percentage of residents also use bicycles, at 16.8%, and walk, at 10.1%.
Real Estate Context
The average value of dwellings in the area surrounding 1620 Mclean Drive, Vancouver, BC is $909,652, which is High compared to other areas in British Columbia. Average owner payments are High, at $1,769 per month. Tenants in the area pay an Above Average $1,117 per month.
Language and Cultural Diversity
A High percentage of residents in the area surrounding 1620 Mclean Drive, Vancouver, BC speak only English, at 82.4%. A Low percentage of residents speak neither English nor French, at 1.4%. A High percentage of residents use public transportation, at 29.7%.
Come Home to 1620 Mclean Drive, Vancouver, BC
As we conclude our tour of the Grandview Woodland neighborhood, I hope you can see why 1620 Mclean Drive, Vancouver, BC is an excellent choice for those seeking a vibrant community, excellent schools, and a range of lifestyle amenities. With its desirable location, stunning architecture, and excellent resale value, this property is
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