2814 W 3rd AVE Active

Vancouver,BC V6K 1M7

$ 4450000

11 Beds

8 Baths

4936 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,936 sqft

Price per Sqft $901

Subdivision Alma Beach

MLS Listing ID R3029285

Bedrooms 11

Full Baths 7

HOA Y/N No

Year Built 1912

Lot Size 3,920 Sqft

Property Sub-Type Single Family Residence

Property Description

Turnkey investment opportunity in Vancouver's coveted Kitsilano! "Alma Beach Suites" is a beautifully restored 1912 character home featuring 7 fully furnished rental suites: 2 x 2-bed, 2 x 1-bed, 1 x 3-bed, and 2 studio. This profitable business boasts a stellar reputation, high cash flow, and an impressive 5% cap rate-rare for Vancouver. Located just two blocks from the ocean and steps from Kits Beach, West 4th dining, shopping, and transit. Includes 4 parking stalls and modern amenities like fully equipped kitchens and shared laundry. Offered as a combined property and business sale, this is a rare chance to own a thriving income-generating gem!

Location

Province BC

Community Kitsilano

Area Vancouver West

Zoning RT-8

Rooms

Other Rooms Foyer, Bedroom, Living Room, Kitchen, Primary Bedroom, Bedroom, Kitchen, Dining Room, Living Room, Kitchen, Living Room, Bedroom, Living Room, Kitchen, Bedroom, Primary Bedroom, Bedroom, Living Room, Kitchen, Bedroom, Living Room, Kitchen, Kitchen, Dining Room, Living Room, Bedroom, Walk-In Closet, Walk-In Closet, Primary Bedroom, Bedroom

Kitchen 7

Interior

Interior Features Storage

Heating Forced Air

Flooring Hardwood,Tile

Fireplaces Number 7

Fireplaces Type Gas

Window Features Window Coverings

Appliance Washer/Dryer,Dishwasher,Refrigerator,Stove,Microwave

Laundry Common Area

Exterior

Exterior Feature Garden,Balcony

Community Features Shopping Nearby

Utilities Available Electricity Connected,Natural Gas Connected,Water Connected

View Y/N Yes

View English Bay from the Top Suite

Roof Type Asphalt

Porch Patio,Deck

Total Parking Spaces 4

Garage No

Building

Lot Description Central Location,Cul-De-Sac,Recreation Nearby

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Locker No

Others

Ownership Freehold NonStrata

Security Features Smoke Detector(s),Fire Sprinkler System

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