About 2814 W 3rd Avenue
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!
Property Details of 2814 W 3rd Avenue
| Price | $4,450,000 |
|---|---|
| Year Built | 1912 |
| Stories in Building | 3 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Floor Levels | 3 |
| Main Floor | 1,422 sqft |
| Total Size | 4,936 sqft |
| Bedrooms | 11 |
| Full Baths | 7 |
| Half Baths | 1 |
| Fireplaces | 7 |
| Heating | Forced Air |
| Basement | None |
| Title to Land | Freehold NonStrata |
| Property Taxes | $7,613 |
Amenities and Features
| Parking Type | Open, Rear Access, Concrete |
|---|---|
| Parking Total | 4 |
| Site Influences | Central Location, Cul-De-Sac, Recreation Nearby |
| View | English Bay from the Top Suite |
Lot Size
| Lot Area | 3,960 |
|---|---|
| Frontage | 33 |
| Depth | 33 x |
Listing Details
| MLS® # | R3029285 |
|---|---|
| Status | Active |
| Listing Date | July 21st, 2025 |
| Address | 2814 W 3rd Avenue |
| Subdivision | Kitsilano |
| Area | Vancouver West |
| Province | BC |
| Listing Office | Prompton Real Estate Services Inc. |