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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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2908 W 8th Avenue, Vancouver
MLS®: R2862351
2606
Sq.Ft.
4
Baths
6
Beds
5,672
Lot SqFt
1912
Built
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Description
Nestled in the prestigious Westside of Vancouver, this prime property presents a golden opportunity with its generous 5,672 sqft lot. Currently generating an impressive $7,200 monthly rent with two additional rooms available for even greater income potential, this home embodies the perfect blend of immediate revenue and future development possibilities. The existing structure invites a vision for transformation or redevelopment in line with Kitsilano’s charm. With the allure of high rental income and the promise of developmental flexibility, this offering is a strategic investment in one of Vancouver’s most coveted neighbourhoods.
Taxes (2023): $10,313.60
Features
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Listed By: Pacific Evergreen Realty Ltd.
Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.