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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!
Listed by Prompton Real Estate Services Inc. and Rennie & Associates Realty Ltd.
Data was last updated August 23, 2025 at 06:40 PM (UTC)
Area Statistics
Listings on market:
162
Avg list price:
$1,699,000
Min list price:
$448,000
Max list price:
$36,000,000
Avg days on market:
47
Min days on market:
2
Max days on market:
255
Avg price per sq.ft.:
$1,184.14
These statistics are generated based on the current listing's property type
and located in
Kitsilano. Average values are
derived using median calculations. This data is not produced by the MLS® system.
