Property details

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!

General Info

Price $4,695,000

Total Bedrooms 11

Total Bathrooms 7

Half Bathrooms 1

Floor Area Total (sqft) 4936

Lot Size 3960

Lot Size Depth Feet

Lot Size Frontage 33

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1912

Age Of Building 113

Building Type Single Family Residence

Property Type Residential

Stories 3

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS # R3002817

Area Vancouver West

Neighbourhood Kitsilano

City Vancouver

Gross Taxes $7,612.7

Ownership Type Freehold NonStrata

Maintenance Fee -

Community Features Shopping Nearby

Heating & Cooling

Fireplace 7

Heating Type Forced Air

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer

Water (WaterSource) Public

Parking

Parking Type Open, Rear Access, Concrete

Total Parking Spaces 4

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Strata Restrictions -

Rental Restrictions -

Zoning RT-8

Rental Suites Legal Suite

Laundry Common Area

# of Kitchens 7

Flooring Hardwood, Tile

Foundation Concrete Perimeter

Interior Features Storage

Locker -

View Description English Bay from the Top Suite

Units In Development -

Exterior Features Garden, Balcony

Sewer Public Sewer

Roof Asphalt

Property History

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Status	Date	Price
Active	-	$4,695,000
Active	-	$4,695,000

Rooms

Floor	Type	Dimensions
Main Level	Foyer	13'4 x 13'4 ft
Main Level	Bedroom	11'1 x 11'1 ft
Main Level	Living Room	13'6 x 13'6 ft
Main Level	Kitchen	9'1 x 9'1 ft
Main Level	Primary Bedroom	13'4 x 13'4 ft
Main Level	Bedroom	13'4 x 13'4 ft
Main Level	Kitchen	13'10 x 13'10 ft
Main Level	Dining Room	12'3 x 12'3 ft
Main Level	Living Room	15'9 x 15'9 ft
Below	Kitchen	14'5 x 14'5 ft
Below	Living Room	12'1 x 12'1 ft
Below	Bedroom	11'0 x 11'0 ft
Below	Living Room	22'6 x 22'6 ft
Below	Kitchen	12'5 x 12'5 ft
Below	Bedroom	10'1 x 10'1 ft
Below	Primary Bedroom	13'6 x 13'6 ft
Above Level	Bedroom	11'8 x 11'8 ft
Above Level	Living Room	12'6 x 12'6 ft
Above Level	Kitchen	11'6 x 11'6 ft
Above Level	Bedroom	11'8 x 11'8 ft
Above Level	Living Room	12'10 x 12'10 ft
Above Level	Kitchen	11'6 x 11'6 ft
Abv Main 2	Kitchen	10'1 x 10'1 ft
Abv Main 2	Dining Room	10'5 x 10'5 ft
Abv Main 2	Living Room	16'2 x 16'2 ft
Abv Main 2	Bedroom	9'10 x 9'10 ft
Abv Main 2	Walk-In Closet	7'10 x 7'10 ft
Abv Main 2	Walk-In Closet	6'11 x 6'11 ft
Abv Main 2	Primary Bedroom	16'2 x 16'2 ft
Above Level	Bedroom	11'8 x 11'8 ft

Bathrooms

Floor	Ensuite	Pieces
Below	No	#3
Below	No	#4
Below	No	#2
Main Level	No	#4
Main Level	No	#3

Listed by: Prompton Real Estate Services Inc. & Rennie & Associates Realty Ltd.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Secondary

Kitsilano Secondary School

0.82 km

No Rating

Elementary

General Gordon Elementary School

0.33 km

No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary

Pear Tree Elementary School

0.62 km

No Rating

Elementary, Secondary

Fraser Academy

1.09 km

No Rating

Closest Transit

Translink

Northbound Macdonald St @ W 4th Ave

0.05 km

2814 W 3RD AVENUE, Vancouver BC V6K 1M7 is serviced by General Gordon Elementary School. The property with listing MLS® R3002817 is located 0.33 km from the school. General Gordon Elementary School has a rating of No Rating.

This home with address 2814 W 3RD AVENUE, Vancouver BC V6K 1M7, Vancouver, BC is also serviced by Kitsilano Secondary School and located 0.82 km from it. Kitsilano Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 2814 W 3RD AVENUE, Vancouver BC V6K 1M7 is Pear Tree Elementary School with School's rating No Rating, located 0.62 km from this home.

The closest to this address 2814 W 3RD AVENUE, Vancouver BC V6K 1M7 Secondary independent school is Fraser Academy with School's rating No Rating, located 1.09 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - 2814 W 3RD AVENUE, Vancouver BC V6K 1M7, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS® R3002817 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale 2814 W 3RD AVENUE, Vancouver BC V6K 1M7 are Above Average. Property misconduct rating adjacent to MLS® R3002817 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Northbound Macdonald St @ W 4th Ave in 0.05 km away from this listing with - MLS® R3002817.

57.8% of people with university certificate/degree live in this neighbourhood adjacent to the 2814 W 3RD AVENUE, Vancouver BC V6K 1M7 which is High in comparison with other BC neighbourhoods. 4.7% of population in this neighbourhood that is near the Listing MLS® R3002817 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 2814 W 3RD AVENUE, Vancouver BC V6K 1M7, Vancouver, BC is $87836 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R3002817 is $46208 which is High in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 53% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R3002817 is 5.5 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 2814 W 3RD AVENUE, Vancouver BC V6K 1M7 Kitsilano where population change between 2011 and 2016 was 1.6%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 2814 W 3RD AVENUE, Vancouver BC V6K 1M7, Vancouver, BC is 7138.8 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 2814 W 3RD AVENUE, Vancouver BC V6K 1M7 is 2.5. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R3002817 is 42.4% and it is Low. % of Married or living common law is around 53.6% and it is Below Average.

Average age of the population close to the 2814 W 3RD AVENUE, Vancouver BC V6K 1M7 is 41.1 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 2814 W 3RD AVENUE, Vancouver BC V6K 1M7, Vancouver, BC is $1639284 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 2814 W 3RD AVENUE, Vancouver BC V6K 1M7. $1881 owners spent in average for the dwelling. Tenants are paying $1707 in this district close to MLS® R3002817 and it is High comparing to other cities.

48.6% of Population in this district near the 2814 W 3RD AVENUE, Vancouver BC V6K 1M7 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 2814 W 3RD AVENUE, Vancouver BC V6K 1M7, Vancouver, BC is 17.8%, it is Above Average, % of English speakers only is 81.4% and Below Average. % of Neither English nor French speakers close to home for sale 2814 W 3RD AVENUE, Vancouver BC V6K 1M7, Vancouver, BC is 0.7% and it is Average comparing to other BC cities.

30.4% of all population in the area around this property with the address 2814 W 3RD AVENUE, Vancouver BC V6K 1M7, Vancouver, BC using Public Transport which is High, 48% of using population are using Cars around MLS® R3002817, which is Low. 13.1% of people using Bicycles around the 2814 W 3RD AVENUE, Vancouver BC V6K 1M7 and it is High. 7% of population are walking which is Above Average

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