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2814 W 3RD AVENUE, Vancouver BC V6K 1M7

Vancouver West, Kitsilano

11 bed

8 bath

4,936 sqft

Single Family Residence

Built in 1912

3,960 sqft lot

4 parking

7 fireplaces

Freehold NonStrata

RT-8 zone

Public remarks

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!

Private remarks

All measurements are approximate, do not walk the property, at least 48 hours notice to be provided to create access through the suites. Not an AIRBNB, all leases minimum 90 days as per provincial tenancy rules. Team disclosures to be signed with all offers.

Buyer agency compensation

3.255% on the first $100,000 and 1.1625% on the remainder

Kitsilano Neighbourhood

2814 3rd Avenue Virtual Tour

$4,695,000 ($951/sqft)

Active

Listed

04/08/2025

Expiry date

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Original price

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Gross taxes (2024)

$7,612.70

Property transfer tax

$152,750.00

Last Updated: 04/09/2025 06:44 AM

Courtesy of Prompton Real Estate Services Inc.

2814 3rd Avenue Details

Above Grade Finished Area
3561
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Cooktop, Microwave
Basement
None
Bathrooms Full
7
Bathrooms Half
1
Bathrooms Total Integer
8
Bedrooms Total
11
Below Grade Finished Area
0
Bridge Modification Timestamp
2025-04-09T13:44:23.517Z
Building Area Total
4936
Buyer Agency Compensation
3.255% ON THE FIRST $100,000 AND 1.1625% ON THE REMAINDER
City
Vancouver
Co List Agent Key
8a3e329510bbec5a0ec3db577b5d3d3a
Co List Agent Key Numeric
64968
Co List Agent MLS
V95550
Co List Office Key
10a532472fadc10636b9696bcbebccd4
Co List Office Key Numeric
2119
Co List Office MLS
V002829
Community Features
Shopping Nearby
Construction Materials
Frame Wood, Glass (Exterior), Wood Siding
Country
CA
Covered Spaces
0
Electric On Property Yn
true
Expiration Date
2025-12-31
Exterior Features
Garden, Balcony
Feed Types
IDX, VOW
Fireplace Features
Gas
Fireplace Yn
true
Fireplaces Total
7
Flooring
Hardwood, Tile
Foundation Details
Concrete Perimeter
Frontage Length
33
Heating
Forced Air
Heating Yn
true
Idx Participation Yn
true
Interior Features
Storage
Internet Address Display Yn
true
Internet Entire Listing Display Yn
true
Latitude
49.269027
Laundry Features
Common Area
Levels
Three Or More
List Agent Key
1a169d28af003dbac5a8fb75e20ff1d1
List Agent Key Numeric
50393
List Agent MLS
V68292
List Aor
Greater Vancouver
List Office Key
7661c0cda5a252916c309446d653bac3
List Office Key Numeric
3233
List Office MLS
V001991
List Price
4695000
Listing Contract Date
2025-04-08
Listing
R2987985
Listing Key
92d76757e8e4683c38e4209b6109e9dc
Listing Key Numeric
263009612
Living Area
4936
Longitude
-123.16866
Lot Features
Central Location, Cul-De-Sac, Recreation Nearby
Lot Size Acres
0.09
Lot Size Area
3960
Lot Size Dimensions
33 x
Lot Size Square Feet
3960
Lot Size Units
Square Feet
Main Level Bathrooms
3
MLS Area Major
Vancouver West
MLS Area Minor
Kitsilano
MLS Status
Active
Modification Timestamp
2025-04-09T13:40:20.500Z
Open Parking Yn
true
Original Entry Timestamp
2025-04-08T21:19:02.300Z
Original List Price
4695000
Originating System Name
GVR – FVREB – CADREB – BCNREB – Resi
Other Structures
Shed(s)
Ownership
Freehold NonStrata
Parcel Number
006141358
Parking Features
Open, Rear Access, Concrete
Parking Total
4
Patio And Porch Features
Patio, Deck
Photos Change Timestamp
2025-04-08T21:25:24.902Z
Photos Count
29
Postal Code
V6K 1M7
Property Sub Type
Single Family Residence
Property Type
Residential
Roof
Asphalt
Room Bathroom2 Level
Below
Room Bathroom3 Level
Below
Room Bathroom4 Level
Main
Room Bathroom5 Level
Main
Room Bathroom Level
Below
Rooms Total
30
Security Features
Smoke Detector(s), Fire Sprinkler System
Sewer
Public Sewer
Showing Contact Name
Brian Higgins
Source System Key
263009612
Standard Status
Active
State Or Province
BC
Status Change Timestamp
2025-04-08T07:00:00.000Z
Stories
3
Street Dir Prefix
W
Street Name
3rd
Street Number
2814
Street Suffix
Avenue
Structure Type
Residential Detached
Subdivision Name
Alma Beach
Tax Annual Amount
7612.7
Tax Legal Description
LOT 2, BLOCK 28, PLAN VAP1661, DISTRICT LOT 192, NEW WESTMINSTER LAND DISTRICT, OF LOT 3
Tax Year
2024
Unparsed Address
2814 W 3RD AVENUE, Vancouver BC V6K 1M7
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
View Yn
true
Virtual Tour Url Branded
https://heartofkits.com?utm_source=MLSLink&utm_medium=MLS&utm_campaign=April_2025
Water Source
Public
Window Features
Window Coverings
Year Built
1912
Year Built Effective
2022
Zoning
RT-8

2814 3rd Avenue Assessment

2814 3rd Avenue History

Address MLS® Changed List date Status List price Close price List agent List office
2814 3rd Avenue R2987985 04/09/2025 06:44 AM 04/08/2025 Active $4,695,000 Login to view Brian Higgins PREC* Prompton Real Estate Services Inc.