House
8 Bedrooms
3 Bathrooms
Size: 2,224 sqft
Built in 1981
$2,198,000
About this House in Renfrew Heights
Exceptional RT-2 zoned corner lot property offering strong rental income and development potential. Thoughtfully renovated and converted in 2023 into three separate rental suites, each with its own washer and dryer. The property currently generates approx. $7,000/month rental income, providing immediate cash flow for investors. Situated within the TOA Tier 2 area, ideal for investors, multi-generational families, buyers looking to live in one suite while collecting rents from the other two. It also offers duplex, multiplex, and future development potential. This is a rare opportunity combining the advantages of an RT-2-zoned corner lot, multiple income streams, and an excellent location close to transit, parks, restaurants, and supermarkets.
Listed by Royal Regal 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®R3148454
- Bedrooms8
- Bathrooms3
- TypeHouse
- Size2,224 sqft
- Lot Size3,696 sqft
- Frontage33.00 ft
- Full Baths3
- Half Baths0
- Taxes$8390.47
- ParkingAdditional Parking, Lane Access, Side Access (2)
- BasementExterior Entry
- Storeys2 storeys
- Year Built1981
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The Neighbourhood and Accessibility of 2898 Natal Street, Renfrew Heights, Vancouver East
Renfrew Heights, Vancouver East
Renfrew Heights lies along the city's eastern slope, offering many homes with mountain views. It’s a primarily residential neighbourhood with post-war bungalows, newer single-family houses, and duplexes. Large parks, including Renfrew Ravine and Trout Lake nearby, give the area a family-friendly appeal, while SkyTrain access adds commuter convenience.