Oracle Property Group

Fraser Valley's #1 Real Estate Team*

*(Based on 2024 FVREB Team Stats for 10-19 Members)

2814 W 3rd Avenue, Kitsilano, Vancouver West

2814 W 3rd Avenue

Kitsilano, Vancouver West

$4,450,000

11 Beds | 8 Baths | 4,936 sqft

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..

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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..

Vancouver, Fraser Valley and Chilliwack MLS® Reciprocity Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Oracle Property Group 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.

Listing Details
  • MLS®: R3029285
  • Bedrooms: 11
  • Bathrooms: 8
  • Type: House
  • Square Feet: 4,936 sqft
  • Lot Size: 3,960 sqft
  • Frontage: 33.00 ft
  • Full Baths: 7
  • Half Baths: 1
  • Taxes: $7612.7
  • Parking: Open, Rear Access, Concrete (4)
  • View: English bay from the top suite
  • Basement: None
  • Storeys: 3 storeys
  • Year Built: 1912
About Kitsilano, Vancouver West
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Kitsilano, Vancouver West

Latitude: 49.2690272

Longitude: -123.1686605

V6K 1M7

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