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 November 27, 2025 at 12:40 PM (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.