9 bed
8 bath
5,354 sqft
Single Family Residence
Built in 1912
6,098 sqft lot
4 parking
2 fireplaces
Freehold NonStrata
RT8 zone
Public remarks
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
Private remarks
All measurements and financial info are estimates and to be verified by Purchaser. Includes 1 unauthorized unit. Contact agent for full package. Double exposure on COMMERCIAL MLS C8065667.
Buyer agency compensation
1.00%
$3,999,000 ($746/sqft)
Active
Listed
01/15/2025
Expiry date
Original price
Gross taxes (2024)
$10,210.20
Property transfer tax
$117,950.00
Last Updated: 01/15/2025 01:41 PM
Courtesy of CBRE Limited
| Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| 1865 12th Avenue | R2956702 | 01/15/2025 01:41 PM | 01/15/2025 | Active | $3,999,000 | Login to view | Alex Vassos | CBRE Limited |
| 1865 12th Avenue | R2925031 | 12/21/2024 01:36 AM | 09/10/2024 | Expired | $3,999,000 | Login to view | CBRE Limited |
