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- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- C8071142
- Build. Type:
- Low Rise (2-4 storeys)
- Photos (28)
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Kitsilano Beach 11 unit walk up apartment building including Penthouse, only 2 blocks from Kits Beach and Pool. Panoramic views of the beach, mountains and city from the upper units and the Penthouse. 5 units including the Penthouse are presently untenanted, allowing you to choose your own tenants at current market rents. Potential 4% + CAP rate. RM-4 zoning allows 3.1 - 3.5 FSR. This location is extremely desirable to renters and the ongoing expenses to you will be minimal. Well maintained. Units boast newer cabinets, double glazed vinyl windows (2012) with blinds, hardwood floors, modern fixtures and balconies. 4 parking spots off the back lane. Boiler replaced in 2010, Roof 2012, exterior paint 2023. Part of the rooftop is a shared deck for the tenants. Some of the units come furnished. One bedroom Penthouse with private deck (vacant), one bedroom and large den (vacant), three one bedrooms (vacant) and six one bedroom apartments rented. Earn a decent return now with huge potential in the future.
- Sale Type:
- Asset
- Ownership:
- Freehold
- Property Type:
- Multi-Family Commercial
- Commercial Type:
- Multi Family
- Construction:
- Frame Wood
- Name of Complex/Subdivision:
- Villa Rena
- Num Storeys:
- 4
- Building Type:
- Low Rise (2-4 storeys), Mul Tenant/MultiPlex (5+)
- # Bldgs:
- 1
- # Units Total:
- 0
- # Other Units:
- 0
- # of Apartments:
- 11
- # of Studio Apartments:
- 0
- # of Penthouse Apartments:
- 1
- # of Bachelor Apartments:
- 0
- # of 4+ Bedroom Apartments:
- 0
- # of 1 Bedroom Apartments:
- 10
- # of 2 Bedroom Apartments:
- 0
- # of 3 Bedroom Apartments:
- 0
- Year built:
- 1957 (Age: 68)
- Living Area:
- 7,500 sq. ft.
- Subject Property Depth:
- 120'
- Subject Property Width:
- 50'
- Lot Area:
- 6,098.4 sq. ft.
- Zoning:
- Signup
- Potential to Redevelop:
- possible to rebuild with increased density, No
- Fencing:
- Signup
- # Of Parking Spaces - Total:
- Signup
- Road Frontage:
- Signup
- Road Surface:
- Paved
- Heating:
- Signup
- Electricity:
- Yes
- Services Connected:
- Electricity Connected, Natural Gas Connected
- Sewer:
- Public Sewer
- Env Assmt Comment:
- phase one environmental done 2012
- Parcel Number:
- 009104356
- Taxes:
- $13,391.9 / 2025
- Balconies, Laundry Facility
- No
- Common Water Heater
- No
- # Elevators:
- 0
- Water Supply:
- Public
- Water Rights:
- No
- Roof:
- Signup
- Potential to Redevelop:
- possible to rebuild with increased density, No
- Env Assmt Phase:
- Yes
-
View of building exterior -
Aerial view of skyline and a water and mountain view
-
Aerial view
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View of property
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101 is one and den, 601 is penthouse, 201 is typical
-
Living area featuring wood finished floors
-
one and den
-
Kitchen featuring white appliances, decorative backsplash, light countertops, and white cabinetry
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Bedroom featuring light wood finished floors and baseboards
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Living room with radiator and light wood-style floors
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Dining room featuring radiator and light wood-style flooring
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Bedroom featuring light wood finished floors and baseboards
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Kitchen featuring freestanding refrigerator, tasteful backsplash, range with electric cooktop, light
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view from unit 201
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Wooden terrace with a water and mountain view
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Living room featuring wood finished floors and radiator heating unit
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Kitchen with white appliances, white cabinets, dark countertops, and light wood-type flooring
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Bedroom featuring wood finished floors and radiator heating unit
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Balcony featuring a water and mountain view
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Deck with a mountain view
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Photo 21 of 28
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Photo 22 of 28
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Boiler
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Utilities featuring electric meter and electric panel
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Shared laundry featuring washing machine and dryer and radiator
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Photo 26 of 28
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Photo 27 of 28
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Photo 28 of 28
Listed by Rennie & Associates Realty Ltd.
Data was last updated August 3, 2025 at 09:40 PM (UTC)
- Eric Lin
- RE/MAX Westcoast
- +1 (604) 218-6188
- Contact by Email
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