House
11 Bedrooms
8 Bathrooms
Size: 4,936 sqft
Built in 1912
$4,450,000
About this House in Kitsilano
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!
Listed by Prompton Real Estate Services Inc./Rennie & Associates Realty Ltd..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Lynn Le Drew for your convenience.
Disclaimer: 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
More Details
- MLS®R3029285
- Bedrooms11
- Bathrooms8
- TypeHouse
- Size4,936 sqft
- Lot Size3,960 sqft
- Frontage33.00 ft
- Full Baths7
- Half Baths1
- Taxes$7612.7
- ParkingOpen, Rear Access, Concrete (4)
- ViewEnglish bay from the top suite
- BasementNone
- Storeys3 storeys
- Year Built1912
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The Neighbourhood and Accessibility of 2814 W 3rd Avenue, Kitsilano, Vancouver West
More about Kitsilano, Vancouver West
Kitsilano, or “Kits,” is one of Vancouver’s most iconic neighbourhoods, stretching along the waterfront with its famous beach. It’s known for its vibrant mix of housing, from heritage houses and character duplexes to modern condos. Trendy shops, organic markets, and a laid-back yet upscale lifestyle make Kits popular with a wide range of residents.
Latitude: 49.2690272
Longitude: -123.1686605
