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Listed by: Brian Higgins PREC* | Prompton Real Estate Services Inc.
Active
$4,695,000

2814 W 3rd Avenue, Vancouver BC

11beds
8baths
4,936sq ft
$951/sq ft
14 days on rennie1 cumulative day on market
R2987985MLS ®

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!

property details


HouseProperty type
3,960 ft²Lot area SF
$7,612Taxes 2024
Three Or MoreFloor levels
33 ftFrontage
Cul-De-SacFeatures included
Garden, Balcony, StorageAmenities
SubareaKitsilano
Listed byPrompton Real Estate Services Inc.
rennie last checkedApril 17, 2025 at 02:55pm
Last updatedApril 09, 2025 at 06:46am
Cumulative days on market1 day
SourceVancouverBC

Additional Details


Additional property details
# of Rooms30
Outdoor areaPatio, Deck
Parking / Storage
ParkingOpen, Concrete
Parking places - total4
Other
ZoningRT-8
Legal descriptionLOT 2, BLOCK 28, PLAN VAP1661, DISTRICT LOT 192, NEW WESTMINSTER LAND DISTRICT, OF LOT 3
Additional building details
Complex / sub divisionAlma Beach
Year Built1912
ConstructionWood Siding
FoundationConcrete Perimeter
RoofAsphalt
Floor finishHardwood, Tile
Sewer typePublic Sewer
Water typePublic
Fuel / heatingForced Air
Fireplaces7
Fireplace fueled byGas
Smoke Detector(s)Yes
Fire Sprinkler SystemYes
Storeys in building3
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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.

Disclaimer: This is not an offering for sale. Any such offering can only be made by way of disclosure statement. E&OE. The developer reserves the right to make changes and modifications to the information herein without prior notice. Photos and renderings are representational only and may not be accurate.