CASHFLOW! CASHFLOW! CASHFLOW! Well maintained character home consisting of 10 self-contained suites, making it an ideal investment property or residence with multiple mortgage helpers. Located in the highly sought-after Kitsilano neighbourhood, this ideal location offers transit access to both Downtown and UBC in under 20 minutes. The property has consistently maintained a near 0% vacancy rate and comprises an excellent suite mix, catering to everyone from students to seniors. This low-maintenance property is the perfect opportunity for an investor wanting to capitalize on the future rental upside, driven by area densification and additional transit options, thanks to the Broadway Plan/Line. Annual Gross Income of +- $260,000
Address
1865 W 12th Avenue
List Price
$3,999,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Area
Vancouver West
Sub-Area
Kitsilano
Bedrooms
9
Bathrooms
8
Floor Area
5,354 Sq. Ft.
Main Floor Area
1597
Lot Size
6250 Sq. Ft.
Lot Size Dimensions
50 x 125
Lot Size (Acres)
0.14 Ac.
Lot Size Units
Square Feet
Total Building Area
5354
Frontage Length
50
Year Built
1912
MLS® Number
R2956702
Listing Brokerage
CBRE Limited
Basement Area
None
Postal Code
V6J 2E7
Zoning
RT8
Ownership
Freehold NonStrata
Parking
Additional Parking, Garage Double, Rear Access
Parking Places (Total)
4
Tax Amount
$10,210.20
Tax Year
2024
Site Influences
Balcony
Exterior Features
Balcony
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Hot Water, Natural Gas, Radiant
Fireplace
Yes
Fireplace Features
Wood Burning
Number of Fireplaces
2
Garage
Yes
Garage Spaces
2
Carport
Yes
Levels
Three Or More
Number Of Floors In Property
3