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ActiveMulti-family

$5,238,000

2464 W 1ST AVENUE

Vancouver, British Columbia, V6K1G6

Estimated$21,980/mo.Check Eligibility
8,700Sq Ft
6,000Lot Sq Ft
1957Built

About This Property

Kitsilano Beach 11 unit walk up apartment building including Penthouse, only 2 blocks from Kits Beach and Pool. Panoramic views of the beach, mountains and city from the upper units and the Penthouse. 5 units including the Penthouse are presently untenanted, allowing you to choose your own tenants at current market rents. Potential 4% + CAP rate. This location is extremely desirable to renters and the ongoing expenses to you will be minimal. Well maintained. Units boast newer cabinets, double glazed vinyl windows (2012) with blinds, hardwood floors, modern fixtures and balconies. 4 parking spots off the back lane. Boiler replaced in 2010, Roof 2012, exterior paint 2023. Part of the rooftop is a shared deck for the tenants. Some of the units come furnished. One bedroom Penthouse with private deck (vacant), one bedroom and large den (vacant), three one bedrooms (vacant) and six one bedroom apartments rented. Earn a decent return now with huge potential in the future. (id:64938)

Quick Info

MLS#

C8071142

Days on Market

231

Listed On

Jul 30, 2025

Aman Nanda

Aman Nanda

Personal Real Estate Corporation

Call Now
Price$5,238,000
Price / Sq Ft$602
MLS#C8071142
StatusActive
Days on Market231
Annual Tax (2025)$13,392

Property Details

Architecture

Property TypeMulti-family
Year Built1957

Property Features

Living Area8,700 sq ft
Lot Size6,000 sq ft
Lot Dimensions6000

Tax / Financial

Annual Tax$13,392 (2025)

Location

Mortgage Calculator

5-Year Fixed
%
%
Loan $4,190,400
Down $1,047,600
$21,980Principal & Interest
·
$1,116Tax

Your monthly payment

$23,096

Incl. tax & strata

Aman Nanda

Aman Nanda

DLC AIMI Collective Mortgage Group

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2464 W 1ST AVENUE

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Listing provided courtesy of Rennie & Associates Realty Ltd.

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