5 bed
5 bath
2,820 sqft
Other
Built in 1930
2,613 sqft lot
4 parking
2 fireplaces
Freehold NonStrata
RT-7 zone
Public remarks
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!!
Private remarks
Measurements by _______________. Please allow time to show as there are currently 4 suites rented that require a minimum of 24 hours notice. Generated PID as cross-referenced with board permission with __________.
Buyer agency compensation
3.255% on the first $100,000 + 1.1625% on the balance
$2,099,900 ($744/sqft)
Active
Listed
02/06/2025
Expiry date
Original price
Gross taxes (2024)
$6,334.04
Property transfer tax
$40,997.00
Last Updated: 02/06/2025 06:12 PM
Courtesy of RE/MAX Select Properties
| Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| 2346 Balaclava Street | R2964466 | 02/06/2025 06:12 PM | 02/06/2025 | Active | $2,099,900 | Login to view | Bryan Velve PREC* | RE/MAX Select Properties |
