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:44056)

Property Details

Full Address:
2814 W 3RD AVENUE, Vancouver, British Columbia
Price:
$ 4,450,000
MLS Number:
R3029285
List Date:
July 22nd, 2025
Lot Size:
3960 sq.ft.
Year Built:
1912
Taxes:
$ 7,613
Listing Tax Year:
2024

Interior Features

Bedrooms:
11
Bathrooms:
8
Appliances:
All
Interior Features:
Shared Laundry
Heating:
Forced air
Fireplaces:
7

Building Features

Garage Spaces:
4
Ownership Type:
Freehold
Taxes:
$ 7,613

Floors

Finished Area:
4936 sq.ft.

Land

View:
View
Lot Size:
3960 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Brian Higgins
Prompton Real Estate Services Inc.
Co-Listing: Mohsen Esfahani
Rennie & Associates Realty Ltd.

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