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!!
Data was last updated February 11, 2025 at 08:10 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$3,834,500
Min list price:
$2,099,900
Max list price:
$8,500,000
Avg days on market:
32
Min days on market:
5
Max days on market:
330
Avg price per sq.ft.:
$976.56
These statistics are generated based on the current listing's property type
and located in
Kitsilano. Average values are
derived using median calculations.
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