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!
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Three Or More Levels
Ownership:
Freehold NonStrata
Year built:
1912
(Age: 113)
Living Area:
4,936 sq. ft.459 m2
Building Area - Total:
4,936 sq. ft.459 m2
Levels:
Three Or More
Bedrooms:
11
(Above Grd: 11)
Bathrooms:
8.0
(Full:7/Half:1)
Taxes:
$7,612.7 /
2024
Lot Area:
3,960 sq. ft.368 m2
Lot Frontage:
33'10.1 m
Lot Details:
33 x
Outdoor Area:
Garden, Balcony
Plan:
VAP1661
Name of Complex/Subdivision:
Alma Beach
Construction Materials:
Frame Wood, Glass (Exterior), Wood Siding
No. Floor Levels:
3.0
Other Structures:
Shed(s)
Floor Area Fin - Above Main:
1,195 sq. ft.111 m2
Floor Area Fin - Above Main 2:
944 sq. ft.87.7 m2
Floor Area Fin - Main:
1,422 sq. ft.132 m2
Floor Area Fin - Total:
4,936 sq. ft.459 m2
Fireplaces:
7
Fireplace Details:
Gas
Patio And Porch Features:
Patio, Deck
Parking Features:
Open, Rear Access, Concrete
Parking:
Open
Parking Total/Covered:
4 / 0
Driveway:
Concrete Parking
Storage
Garden, Balcony
Garden, Laundry In Common Area, Storage
English Bay from the Top Suite
Shopping Nearby
Smoke Detector(s), Fire Sprinkler System
3
Other Structures - Shed(s), Window Coverings, Smoke Detector(s), Fire Sprinkler System
Dishwasher, Refrigerator, Microwave, Laundry In Common Area, Storage
Listed by Prompton Real Estate Services Inc. and Rennie & Associates Realty Ltd.
Data was last updated November 27, 2025 at 11:40 AM (UTC)
Area Statistics
Listings on market:
142
Avg list price:
$1,887,000
Min list price:
$475,000
Max list price:
$33,000,000
Avg days on market:
54
Min days on market:
2
Max days on market:
331
Avg price per sq.ft.:
$1,210.47
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.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.