About this House in Renfrew Heights
Rare income-producing RT-2-zoned corner property offering immediate rental income and redevelopment potential. Thoughtfully renovated and converted in 2023 into three separate suites, each with its own laundry. The property currently generates approximately $7,000/monthly rental income, making it an excellent mortgage helper. Situated within the TOA Tier 2 area, this corner lot offers lane and side access, providing excellent flexibility. Perfect for investors, multi-generational families, or buyers looking to live in one suite while collecting rental income from the other two. This is a rare combination of future land value upside, strong rental income, and an excellent location close to transit, parks, restaurants, and supermarkets.
Listed by Royal Regal Realty Ltd..
Listing Details
- MLS®: R3148454
- Bedrooms: 8
- Bathrooms: 3
- Type: House
- Size: 2,224 sqft
- Lot Size: 3,696 sqft
- Frontage: 33.00 ft
- Full Baths: 3
- Half Baths: 0
- Taxes: $8390.47
- Parking: Additional Parking, Lane Access, Side Access (2)
- Basement: Exterior Entry
- Storeys: 2 storeys
- Year Built: 1981
A Closer Look at the Location
Renfrew Heights, Vancouver East
Explore the features and amenities of this neighbourhood location.