Here is Information for Bob Bracken's New Listing at 3346 - 3350 West 10th Avenue Vancouver, located in the Heart of Fabulous Kitsilano. This is a Big Character Multi Suite Home - Plus a 1030 SF Luxury Laneway House - with Huge Income on a big 50'x122' R1-1 South Lot. Main House (3346 W 10th) is 2750 SF on 3 Levels with 4 Self Contained Suites: Top Floor: 2 Bdrms Suite @ $2,100/mo. Main Floor: (Owner's) Character 2 Bdrms Suite with big living room, dining, kitchen & 200 SF deck, $3,250/mo (estimate). Ground Floor: 2 cute Studios @ $1,295/mo & $1,480/mo. Rear: Luxury Laneway House 9 years old (3350 W 10th) 1030 SF on 2 Levels, with 3 Bdrms, 2 Full Baths, top quality finishing, appliances, rented $4,450/mo (comes furnished & equipped), potential Airbnb. Total Income $12,575/mo, $150,900/yr with Rental Upside. Cap Rate 3.9%. There is also open, secure 2 car tandem parking in the rear. Note Live in Main Suite & collect $9,325/mo or Live in Laneway House & collect $8,125/mo.
Superb location, steps to transit & West Broadway shopping, restaurants, parks & schools, blocks to Famous Kitsilano & Jericho Beaches, mins to UBC & Downtown. Vancouver Walk Score 82, Transit Score 70, Bike Score 90. Investors: This is a 1st Class Turnkey Investment Property with Huge Income from 2 Kitsilano Houses (total 3753 SF). It is also perfect for Owner-Occupiers, Family, Extended Family, & Shared Ownership wanting lots of Accommodation & Mortgage help. For Developers: the property is in the path of Future Development, with the R1-1 Zoning potentially allowing as many as 6 - 8 Units on the 6100 SF South lot or keep the Laneway House & Reno Main House or Build New House in the Front of the Property. Showing by Appointment with 2 Day Notice, must confirm attendance. Call Bob Bracken at 604-220-2035 for Info Pkg, Floor Plan, Viewing. Asking Price $3,188,000 Below Assessment by $310,000! Showing Thurs Aug 28th @ noon gone by 12:40pm by Appointment. Call Bob to Attend.More details
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