About this House in Kitsilano
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..
Listing Details
- MLS®: R3029285
- Bedrooms: 11
- Bathrooms: 8
- Type: House
- Size: 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
A Closer Look at the Location
Kitsilano, Vancouver West
Explore the features and amenities of this neighbourhood location.
