7 bed
3 bath
4,030 sqft
Triplex
Built in 1925
6,534 sqft lot
3 parking
1 fireplace
Freehold NonStrata
R1-1 zone
Public remarks
QUIET WEST OF DUNBAR. 3 suite rental property. Home extensively rebuilt & renovated. In 1984 the upper floor was rebuilt on permit. Current owner completed another $250,000 in renovations incl new exterior, windows, flooring, roof, fireplace, main & upper kitchens, main & upper baths, decks, firepit, built-in vacuum. Oversized double garage is EV ready. Lower floor is at ground level w/2 bdrms, a kitchen, and full bathroom. Main floor has 2 bdrms, a kitchen, and full bathroom. Upper floor was converted in the 1990s to a self-contained 3 bdrm suite that is a LEGAL SUITE for the life of the building. Current owner occupies the first two floors as a single family home. Potential rents: Up (currently rented) $4,500, Main $3,500, Down $2,500, Garage $500, Ttl $11,000/mo or $132,000/yr.
Private remarks
IDRPO email offers to [email protected]. Measures by BC Floor Plans. 3688 W King Ed also for sale & could be purchased to create a 100x132.55 development lot. Seller is licenced rltr. Fantastic rental location 1/2 block from Dunbar buses to UBC and downtown. Also excellent holding potential for future development.
Buyer agency compensation
3.255% on 1st $100,000 plus 1.1625% on balance
$3,988,000 ($989/sqft)
Active
Listed
02/26/2025
Expiry date
Original price
Gross taxes (2024)
$12,921.90
Property transfer tax
$117,400.00
Last Updated: 02/26/2025 02:11 PM
Courtesy of Sutton Group-West Coast Realty
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
3706 King Edward Avenue | R2971003 | 02/26/2025 02:11 PM | 02/26/2025 | Active | $3,988,000 | Login to view | Walter Wells | Sutton Group-West Coast Realty |