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 Income
Dwelling Type:
Other
Home Style:
Two Levels
Year built:
1930
(Age: 95)
Living Area:
2,820 sq. ft.262 m2
Building Area - Total:
2,820 sq. ft.262 m2
Levels:
Two
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 Details:
31 x 86.8
Outdoor Area:
Fenced
Plan:
VAP4170
Construction Materials:
Frame Wood, Stucco
Property Condition:
Renovation Partly
No. Floor Levels:
2.0
Floor Area Fin - Above Main:
933 sq. ft.86.7 m2
Floor Area Fin - Above Main 2:
0 sq. ft.0 m2
Floor Area Fin - Main:
1,135 sq. ft.105 m2
Floor Area Fin - Total:
2,820 sq. ft.262 m2
Fireplaces:
2
Fireplace Details:
Wood Burning
Parking Features:
Open, Lane Access, Concrete
Parking:
Open
Parking Total/Covered:
4 / 0
Driveway:
Concrete Parking
Title to Land:
Freehold NonStrata
Shopping Nearby
No Fire Sprinkler System, No Smoke Detector(s)
3
Refrigerator, Cooktop
Refrigerator, Cooktop
Age Restrictions:
No
By-Law Infractions:
n
Tax Utilities Included:
false
Home Owners Association:
No
Land Lease:
No
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Data was last updated April 4, 2025 at 12:40 PM (UTC)
Area Statistics
Listings on market:
27
Avg list price:
$2,099,900
Min list price:
$720,300
Max list price:
$7,250,000
Avg days on market:
89
Min days on market:
22
Max days on market:
1,341
Avg price per sq.ft.:
$1,038.27
These statistics are generated based on the current listing's property type
and located in
Vancouver West. Average values are
derived using median calculations.