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!
2464 W 1ST AVENUE, Vancouver
2025-07-30
Quick Summary
- Location
- 2464 W 1ST AVENUE, Vancouver, British Columbia V6K1G6
- Price
- $5,238,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 7500 sqft
- Year of Construction:
- 1957
MLS®#C8071142
Property Description
Kitsilano Beach 11 unit walk up apartment building including Penthouse, only 2 blocks from Kits Beach and Pool. Panoramic views of the beach, mountains and city from the upper units and the Penthouse. 5 units including the Penthouse are presently untenanted, allowing you to choose your own tenants at current market rents. Potential 4% + CAP rate. This location is extremely desirable to renters and the ongoing expenses to you will be minimal. Well maintained. Units boast newer cabinets, double glazed vinyl windows (2012) with blinds, hardwood floors, modern fixtures and balconies. 4 parking spots off the back lane. Boiler replaced in 2010, Roof 2012, exterior paint 2023. Part of the rooftop is a shared deck for the tenants. Some of the units come furnished. One bedroom Penthouse with private deck (vacant), one bedroom and large den (vacant), three one bedrooms (vacant) and six one bedroom apartments rented. Earn a decent return now with huge potential in the future. (id:32467)
Property Features
Building
- Amenities: Balconies
- Fireplace: No
- Interior Size: 7500 sqft
Land
- Land Size: 6000 sqft
Zoning
- Description: RM-4
Information entered by Rennie & Associates Realty Ltd.
Listing information last updated on: 2025-10-28 22:02:06
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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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