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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
ClthWsh
Dryr
Frdg
Stve
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