RS-5 KERRISDALE-Cash Flowing Today, Goldmine Tomorrow. The unicorn: income-producing property with serious development upside on one of Kerrisdale's most coveted family streets. Two legal suites already generating cash flow while you plan your next move. Developers: 33' x 118' RS-5 lot screaming for multi-family development in a neighbourhood where inventory is non-existent. Teardown and rebuild, or convert the existing structure. Either way, you're playing in Vancouver's most stable, premium market where families pay top dollar to live. Multi-generational families: Three completely separate living levels-main floor 1BR suite for in-laws or nanny, middle level 2BR primary home with oversized media room, gourmet kitchen, and formal dining, top floor 1BR loft suite with private rooftop deck capturing stunning Gulf Island views. Live in one level, rent the other two, let tenants cover your mortgage. New builds of similar size in the area are double the price. Don't miss out. (id:47421)
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Detailed Information
Bedrooms
4
Bathrooms
4
Lot
33 x 0 ft
Municipal ID
012-205-567
Ownership Type
Freehold
Property Type
Single Family
Transaction Type
For sale
Building
Constructed Date
1986
Construction Style (Attachment)
Detached
Fireplace Present
Yes
# of Fireplaces
2
Heating Fuel
Natural gas
Heating Type
Radiant heat
Type
House
Parking Spaces
Name
Spaces
Garage
2
Land
Total Size
3910.5 square feet
Size of Irregular Land
3910.5
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