2814 W 3rd Avenue in Vancouver: Kitsilano House for sale in "Alma Beach" (Vancouver West) : MLS®# R3002817

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!

General Info:

Property Type:: Residential

Dwelling Type:: Single Family Residence

Home Style:: Three Or More Levels

Ownership:: Freehold NonStrata

Manufactured Type:: Signup

Year built:: 1912 (Age: 113)

Living Area:: 4,936 sq. ft.459 m2

Floor Area - Unfinished:: Signup

Floor Area - Detached 2nd Residence:: Signup

Building Area - Total:: 4,936 sq. ft.459 m2

Levels:: Three Or More

Rainscreen:: Signup

Bedrooms:: 11 (Above Grd: 11)

Bathrooms:: 8.0 (Full:7/Half:1)

Kitchens:: Signup

Rooms:: Signup

Taxes:: $7,612.7 / 2024

Lot Area:: 3,960 sq. ft.368 m2

Lot Frontage:: 33'10.1 m

Lot Details:: 33 x

Exposure / Faces:: Signup

Rear Yard Exposure:: Signup

Outdoor Area:: Garden, Balcony

Pad Rental:: Signup

# or % of Rentals Allowed:: Signup

Water Supply:: Signup

Plan:: VAP1661

Additional Info:

Name of Complex/Subdivision:: Alma Beach

Construction Materials:: Frame Wood, Glass (Exterior), Wood Siding

Foundation:: Signup

Basement:: Signup

Full Height:: Signup

Crawl Height:: Signup

Roof:: Signup

No. Floor Levels:: 3.0

Other Structures:: Shed(s)

Floor Finish:: Signup

Floor Area Fin - Above Grade:: Signup

Floor Area Fin - Above Main:: 1,195 sq. ft.111 m2

Floor Area Fin - Above Main 2:: 944 sq. ft.87.7 m2

Floor Area Fin - Main:: 1,422 sq. ft.132 m2

Floor Area Fin - Below Main:: Signup

Floor Area Fin - Below Grade:: Signup

Floor Area Fin - Basement:: Signup

Floor Area Fin - Total:: 4,936 sq. ft.459 m2

Heating:: Signup

Fireplaces:: 7

Fireplace Details:: Gas

Patio And Porch Features:: Patio, Deck

Parking Features:: Open, Rear Access, Concrete

Parking:: Open

# Of Parking Spaces - Total:: Signup

# Of Covered Spaces:: Signup

Parking Total/Covered:: 4 / 0

Driveway:: Concrete Parking

Flood Plain:: Signup

Suite:: Signup

Interior Features:

Storage

Exterior Features:

Garden, Balcony

Site Influences:

Amenities:

Garden, Laundry In Common Area, Storage

View:

English Bay from the Top Suite

Community Features:

Shopping Nearby

Senior Community:

Security Features:

Smoke Detector(s), Fire Sprinkler System

Main Level Bathrooms:

Features Included:

Other Structures - Shed(s), Window Coverings, Smoke Detector(s), Fire Sprinkler System

Features Included:

Dishwasher, Refrigerator, Microwave, Laundry In Common Area, Storage

Appliances:

Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave

Locker:

Laundry Features:

Common Area

Window Features:

Window Coverings

Legal Description:

Room Information:

Floor
Type
Size
Other

Main

Below

Above

Abv Main 2

Above

Bathrooms:

Floor
Ensuite
Pieces
Other

Below

Main

Other Details:

Council Approval:: Signup

Income Per Annum:: Signup

Oper. Expenses:: Signup

Net Operating Income:: Signup

Age Restrictions:: No

Dist to Public Trans:: Signup

Dist to School Bus:: Signup

Property Disclosure:: Signup

Fixtures Leased:: Signup

Fixtures Removed:: Signup

Home Owners Association:: No

Listing Info:

Previous Price:: Signup

Original Price:: Signup

Land Info:

Land Lease:: No

Zoning:: Signup

Access to property:: Signup

Utilities:: Electricity Connected, Natural Gas Connected, Water Connected

Telephone Service:: Signup

Electricity:: Yes

Fencing:: Signup

Sewer:: Public Sewer

Plumbing Details:: Signup

Sketch Attached:: Signup

Restrictions:: Signup

Status:: Active

Prop. Type:: Residential

MLS® Num:: R3002817

Bedrooms:: 11

Bathrooms:: 8

Year Built:: 1912

Area Statistics

Listings on market:: 207

Avg list price:: $1,699,000

Min list price:: $497,000

Max list price:: $36,000,000

Avg days on market:: 30

Min days on market:: 1

Max days on market:: 288

Avg price per sq.ft.:: $1,196.18

These statistics are generated based on the current listing's property type and located in Kitsilano. Average values are derived using median calculations.

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