8-Unit Apartment Building in the Heart of Kitsilano

2386 W 3rd Ave, Vancouver, BC V6K 1L7, Canada
2386 West 3rd Avenue
5,984  SF
SOLD

Description

Address

2386 W 3rd Ave, Vancouver, BC V6K 1L7, Canada

Location

The Property is located on the south side of West 3rd Avenue between Balsam and Vine Streets in the highly desirable Kitsilano neighbourhood of Vancouver. Kitsilano is known as one of Vancouver’s most prestigious multi-residential districts, which has consistently enjoyed a near 0% vacancy rate and some of the best rental rates in the City. Kitsilano offers over 300 shops and services with the subject property just ½ block north of 4th Avenue and 1 block away from the commercial hub at West 4th Avenue and Vine Street. There is the additional convenience of transit options to UBC, Downtown Vancouver, and beyond.

Highlights

  • 2.5 storey walk-up multi family building
  • 8 well-maintained apartments
  • Substantial upgrades
  • Roof replaced in 2020
  • Double glazed aluminum windows
  • Excellent curb appeal
  • Immediate holding income

Details

Price: SOLD
Property Size: 5,984
SF
Lot Size: 6,000
SF
Property Type: Multifamily
Property Status: Sold
Current Zoning: RM-4 (Multiple Dwelling)
Annual Taxes : $13,234.30 (2022)