House
8 Bedrooms
3 Bathrooms
Size: 2,224 sqft
Built in 1981
$2,198,000
About this Property in Vancouver East
~4% Gross Yield + Land Upside East Vancouver Investment Opportunity! Thoughtfully renovated and converted in 2023 into three separate suites, each with its own laundry. The property currently generates approximately $80,000/annual rental income, making it an excellent mortgage helper. Situated wit
~4% Gross Yield + Land Upside East Vancouver Investment Opportunity! Thoughtfully renovated and converted in 2023 into three separate suites, each with its own laundry. The property currently generates approximately $80,000/annual rental income, making it an excellent mortgage helper. Situated within the TOA Tier 2 area, this RT-2 corner lot offers lane and side access, providing excellent flexibility. Perfect for investors, multi-generational families, or buyers looking to live in one suite while collecting rental income from the other two. This is a rare combination of future land value upside, strong rental income, and an excellent location close to transit, parks, restaurants, and supermarkets.
Listed by Royal Regal Realty Ltd..
More Details
- MLS®: R3148454
- Bedrooms: 8
- Bathrooms: 3
- Type: House
- Size: 2,224 sqft
- Lot Size: 3,696 sqft
- Frontage: 33.00 ft
- Full Baths: 3
- Half Baths: 0
- Taxes: $8390.47
- Parking: Additional Parking, Lane Access, Side Access (2)
- Basement: Exterior Entry
- Storeys: 2 storeys
- Year Built: 1981
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More about Renfrew Heights, Vancouver East
Latitude: 49.2584199
Longitude: -123.0301281
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