Quick Summary

Location: 2814 W 3RD AVENUE, Vancouver, British Columbia V6K1M7
Price: $4,450,000 CAD
Status:: For Sale
Property Type:: Single Family
Area:: 4936 sqft
Bedrooms:: 11
Bathrooms:: 8
Year of Construction:: 1912
Video Link:

MLS®#R3029285

Property Description

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:32467)

Property Features

Ammenities Near By

Ammenities Near By: Recreation, Shopping

Building

Amenities: Shared Laundry
Appliances: All
Construction Style: Detached
Fireplace: Yes
Interior Size: 4936 sqft
Building Type: House

Features

Feature: Central location, Cul-de-sac

Land

Land Size: 3960 sqft

Ownership

Type: Freehold

Storage Type

Storage Type: Storage Shed

Information entered by Prompton Real Estate Services Inc.
Listing information last updated on: 2025-07-30 00:00:00

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How much could you save in commission selling with One Percent Realty?

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$500,000

Your One Percent Realty Commission savings^†

$500,000

^† Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.

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One Percent Realty's top FAQs

What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

What do you charge?

We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.

Are your listings on MLS® and realtor.ca?

Yes, and yes.

Learn more about the One Percent Realty Deal

2814 W 3RD AVENUE, Vancouver

Quick Summary

MLS®#R3029285

Property Description