Affordable Kitsilano 5 unit revenue home located on the corner of Balaclava and West 8th Avenue. This revenue property currently has 4 legal suites and one owner's suite. Rents are currently below market rent. Suite mix is as follows: Main 1 bdrm suite rented for $1947.77, Main bachelor rented for $1108, upstairs one bedroom rented for $1965 , upstairs one bedroom rented for $926.29, garden level 2 bedroom owners suite not currently rented. Gross revenue of approximately $71,364/yr. All suites are separate electric meters, and are heated through a natural gas central boiler with hot water radiators. No laundry currently, but there is space to have one where there were machines in the past. Own a revenue producing home in the heart of Kits!!
Property Type:
Residential Detached
Dwelling Type:
Other
Year built:
1930
(Age: 95)
Total area:
2,820 sq. ft.262 m2
Total Floor Area:
2,820 sq. ft.262 m2
Main Floor Area:
1,135 sq. ft.105 m2
Levels:
3
Bedrooms:
5
(Above Grd: 5)
Bathrooms:
5.0
(Full:5/Half:0)
Taxes:
$6,334.04 /
2024
Lot Area:
2,690.8 sq. ft.250 m2
Lot Frontage:
31'9.45 m
Lot Depth:
86.8
Outdoor Area:
Fenced Yard
Plan:
VAP4170
Basement:
Full
Fireplaces:
2
Parking Total/Covered:
4 / 0
Title to Land:
Freehold NonStrata
Refrigerator, Stove
Central Location, Shopping Nearby
Reno / Year:
Partly /
-
Listed by RE/MAX Select Properties
Data was last updated March 14, 2025 at 10:10 AM (UTC)
The Kavanagh Group - Andrea Kavanagh, Natalie Taylor, Jolanta Proczek
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.