Rare income-producing RT-2-zoned corner property offering immediate rental income and redevelopment potential. Thoughtfully renovated and converted in 2023 into three separate suites, each with its own laundry. The property currently generates approximately $7,000/monthly rental income, making it an excellent mortgage helper. Situated within the TOA Tier 2 area, this 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.
Listing Information
- Prop. Type:
- Single Family Residence
- Status:
- Active
- City:
- Vancouver East
- Bedrooms:
- 8
- Full Bathrooms:
- 3
- Neighborhood:
- Renfrew Heights
- Area:
- Vancouver
- Province:
- British Columbia
- MLS® Number:
- R3148454
- Listing Price:
- $2,198,000
- Taxes:
- $8,390
General Information
- Year Built:
- 1981
- Lot Size (sqft):
- 3696.0 ft2
- Total Square Feet:
- 2224ft2
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