10 days on Market

2814 3RD AVENUE, Vancouver, British Columbia V6K1M7

Detached
11
8
~4936 sqft
$4,695,000
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Detached
11
8
~4936 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$951/sqft

Est. Mortgage$20,163/mo

Tax Amount (2024)$7,613/yr

Days On Market10 days


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! (id:39198)


Property Details

StyleHouse
ViewView
Age of property1912
SqFt~4936 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberR2987985
Community NameKitsilano
Data SourceCREA
Listing byPrompton Real Estate Services Inc.

Features

Heating: Forced air

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Apr 8, 2025
ListedActive
$4,695,000
10 days on market
history photo preview29
Listing by crea®
Property listed by Prompton Real Estate Services Inc., Brokerage
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Population and Demographics

Overview

Total population 41982
Average household income $174,346

Age (%)

20 to 34
30%
35 to 49
22%
50 to 64
19%
65 and plus
16%
0 to 19
13%

Household composition (%)

Single family
46%
Single person
46%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
80%
Mandarin
4%
Others
4%
French
3%
Spanish
3%
Yue (Cantonese)
2%
German
2%

House tenancy (%)

Renters
57%
Owners
43%

Schools and amenities

Estimated Budget

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