Turnkey investment opportunity in Vancouver's coveted Kitsilano! "Alma Beach Suites" is a beautifully restored 1912 character home featuring 7 fully furnished rental suites: 2 x 2-bed, 2 x 1-bed, 1 x 3-bed, and 2 studio. This profitable business boasts a stellar reputation, high cash flow, and an impressive 5% cap rate-rare for Vancouver. Located just two blocks from the ocean and steps from Kits Beach, West 4th dining, shopping, and transit. Includes 4 parking stalls and modern amenities like fully equipped kitchens and shared laundry. Offered as a combined property and business sale, this is a rare chance to own a thriving income-generating gem!
For sale
C$4,695,000
2814 W 3rd Ave, Vancouver, BC V6K 1M7
11beds
4,936sqft
Single Family Residence
Built in 1912
3,920.4 Square Feet Lot
$-- Zestimate®
C$951/sqft
C$-- HOA
What's special
Steps from kits beachShared laundry
- 27 days
- on Zillow |
- 123 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: April 09, 2025 at 06:44am
Listed by:
Brian Higgins PREC*,
Prompton Real Estate Services Inc. Brokerage,
Mohsen Esfahani,
Rennie & Associates Realty Ltd.
Source: Greater Vancouver REALTORS®,MLS®#: R2987985
Originating MLS®#: Greater Vancouver

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 8
- Full bathrooms: 7
- 1/2 bathrooms: 1
Heating
- Forced Air
Appliances
- Included: Washer/Dryer, Dishwasher, Refrigerator, Cooktop, Microwave
- Laundry: Common Area
Features
- Storage
- Windows: Window Coverings
- Basement: None
- Number of fireplaces: 7
- Fireplace features: Gas
Interior area
- Total structure area: 4,936
- Total interior livable area: 4,936 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Open, Rear Access, Concrete
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 3
- Exterior features: Garden, Balcony
- Has view: Yes
- View description: English Bay from the Top Suite
- Has water view: Yes
- Water view: English Bay from the Top Suite
- Frontage length: 33
Lot
- Size: 3,920.4 Square Feet
- Dimensions: 33 x
- Features: Central Location, Cul-De-Sac, Recreation Nearby
Details
- Additional structures: Shed(s)
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1912
Community & HOA
Community
- Features: Near Shopping
- Security: Smoke Detector(s), Fire Sprinkler System
- Subdivision: Alma Beach
HOA
- Has HOA: No
Location
- Region: Vancouver
Financial & listing details
- Price per square foot: C$951/sqft
- Annual tax amount: C$7,612
- Date on market: 4/8/2025
- Ownership: Freehold NonStrata
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