Key Facts
- MLS® #: R3002817
- Property ID: SIRC2420937
- Property Type: Residential, Single Family Detached
- Living Space: 4,936 sq.ft.
- Lot Size: 3,960 sq.ft.
- Year Built: 1912
- Bedrooms: 11
- Bathrooms: 7+1
- Parking Spaces: 4
- Listed By:
- Prompton Real Estate Services Inc.
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!
Rooms
- TypeLevelDimensionsFlooring
- FoyerMain13' 3.9" x 5' 8"Other
- BedroomMain11' 9.6" x 8' 9.6"Other
- Living roomMain13' 6" x 7'Other
- KitchenMain9' 9.6" x 8' 5"Other
- Primary bedroomMain13' 3.9" x 11' 2"Other
- BedroomMain13' 3.9" x 9' 9.6"Other
- KitchenMain13' 9.9" x 11' 9.6"Other
- Dining roomMain12' 3" x 8' 9.6"Other
- Living roomMain15' 9" x 9' 3.9"Other
- KitchenBelow14' 5" x 7' 9.9"Other
- Living roomBelow12' 9.6" x 11'Other
- BedroomBelow11' x 7' 9.6"Other
- Living roomBelow22' 6" x 11' 3.9"Other
- KitchenBelow12' 5" x 11' 3.9"Other
- BedroomBelow10' 9.6" x 7' 6"Other
- Primary bedroomBelow13' 6" x 11' 6"Other
- BedroomAbove11' 8" x 9' 5"Other
- Living roomAbove12' 6" x 12'Other
- KitchenAbove11' 6" x 9' 3.9"Other
- BedroomAbove11' 8" x 9' 6"Other
- Living roomAbove12' 9.9" x 12'Other
- KitchenAbove11' 6" x 10' 3"Other
- KitchenAbove10' 9.6" x 5' 9.9"Other
- Dining roomAbove10' 5" x 8' 3"Other
- Living roomAbove16' 2" x 13' 2"Other
- BedroomAbove9' 9.9" x 9' 3"Other
- Walk-In ClosetAbove7' 9.9" x 4' 9"Other
- Walk-In ClosetAbove6' 11" x 6'Other
- Primary bedroomAbove16' 2" x 9' 3.9"Other
- BedroomAbove11' 8" x 9' 6"Other
Listing Agents
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Location
2814 3rd Avenue W, Vancouver, British Columbia, V6K 1M7 Canada
Around this property
Information about the area within a 5-minute walk of this property.
- 28.39% 20 to 34 years
- 20.63% 50 to 64 years
- 20.11% 35 to 49 years
- 14.65% 65 to 79 years
- 3.66% 0 to 4 years
- 3.3% 15 to 19 years
- 3.25% 10 to 14 years
- 3.09% 5 to 9 years
- 2.92% 80 and over
- Households in the area are:
- 52.1% Single family
- 36.64% Single person
- 11.26% Multi person
- 0% Multi family
- $194,143 Average household income
- $90,387 Average individual income
- People in the area speak:
- 83.79% English
- 2.59% French
- 2.35% English and non-official language(s)
- 2.34% Mandarin
- 2.18% Spanish
- 2.1% Yue (Cantonese)
- 2.01% German
- 1.05% Iranian Persian
- 0.82% Japanese
- 0.76% English and French
- Housing in the area comprises of:
- 61.39% Apartment 1-4 floors
- 14.48% Duplex
- 12.16% Semi detached
- 8.88% Single detached
- 3.08% Row houses
- 0% Apartment 5 or more floors
- Others commute by:
- 22.08% Public transit
- 9.86% Foot
- 8.44% Bicycle
- 5.23% Other
- 36.26% Bachelor degree
- 19.01% Post graduate degree
- 18.35% High school
- 12.3% College certificate
- 4.89% Trade certificate
- 4.85% Did not graduate high school
- 4.34% University certificate
- The average air quality index for the area is 1
- The area receives 568.57 mm of precipitation annually.
- The area experiences 7.39 extremely hot days (26.67°C) per year.
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- Principal and Interest $22,926 /mo
- Property Taxes n/a
- Strata / Condo Fees n/a