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!!
Address
2346 BALACLAVA STREET
List Price
$2,099,900
Property Type
Residential Detached
Type of Dwelling
Other
Style of Home
2 Storey w/Bsmt.
Area
Vancouver West
Sub-Area
Kitsilano
Bedrooms
5
Bathrooms
5
Floor Area
2,820 Sq. Ft.
Lot Size
2691 Sq. Ft.
Year Built
1930
MLS® Number
R2964333
Listing Brokerage
RE/MAX Select Properties
Basement Area
Full
Postal Code
V6K 4C7
Zoning
RT-7
Parking
Open
Parking Places (Total)
4
Tax Amount
$6,334.04
Tax Year
2024
Site Influences
Central Location, Shopping Nearby
Features
Refrigerator, Stove
Heat Type
Hot Water, Natural Gas
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