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
Type of Dwelling
Other
Structure Type
Residential Detached
Area
Vancouver West
Sub-Area
Kitsilano
Bedrooms
5
Bathrooms
5
Floor Area
2,820 Sq. Ft.
Main Floor Area
1135
Lot Size
2690.8 Sq. Ft.
Lot Size Dimensions
31 x 86.8
Lot Size (Acres)
0.06 Ac.
Lot Features
Central Location
Lot Size Units
Square Feet
Total Building Area
2820
Frontage Length
31
Year Built
1930
MLS® Number
R2964333
Listing Brokerage
RE/MAX Select Properties
Basement Area
Full
Postal Code
V6K 4C7
Zoning
RT-7
Ownership
Freehold NonStrata
Parking
Open, Lane Access, Concrete
Parking Places (Total)
4
Tax Amount
$6,334.04
Tax Year
2024
Site Influences
Central Location, Shopping Nearby
Community Features
Shopping Nearby
Appliances
Refrigerator, Cooktop
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Hot Water, Natural Gas
Fireplace
Yes
Fireplace Features
Wood Burning
Number of Fireplaces
2
Levels
Two
Number Of Floors In Property
2