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2814 W 3rd Avenue
Kitsilano Vancouver V6K 1M7

$4,695,000
Business with Property, Multi-Family Commercial

Craftsman house with a chimney
Photo 1: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
Photo 2: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
Photo 3: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
Photo 4: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
Photo 5: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
Photo 6: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
Photo 7: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
Photo 8: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
Photo 9: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
Photo 10: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
Photo 11: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
Photo 12: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
Photo 13: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
Photo 14: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
Status:
Active
Prop. Type:
Business with Property, Multi-Family Commercial
MLS® Num:
C8069166
Bus Major:
Travel
Build. Type:
Low Rise (2-4 storeys)
Turnkey investment (property+business) 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!
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Business with Property, Multi-Family Commercial
Commercial Type:
Accommodation Travel & Tourism
Business Name:
Alma Beach Suites
Business Type:
Travel, Hotel/Motel
Business Established Year:
2014
Construction:
Frame Wood
Name of Complex/Subdivision:
Alma Beach Suites
Num Storeys:
3
Building Type:
Low Rise (2-4 storeys)
# Bldgs:
1
# Units Total:
7
# of Apartments:
7
# of Studio Apartments:
2
# of 1 Bedroom Apartments:
2
# of 2 Bedroom Apartments:
2
# of 3 Bedroom Apartments:
1
Year built:
1912 (Age: 113)
Living Area:
4,936 sq. ft.
Lot Area:
3,920.4 sq. ft.
Road Surface:
Paved
Electricity:
Yes
Services Connected:
Cable Connected, Electricity Connected, Fully Serviced, Garbage Collection, Natural Gas Connected, Phone Connected, Street Lighting
Sewer:
Public Sewer
Parcel Number:
006141358
Taxes:
$7,612.7 / 2024
Balconies, Laundry Facility
No
3.255% ON THE FIRST $100,000 AND 1.1625% ON THE REMAINDER
Yes
# Elevators:
0
Water Supply:
Public
Water Rights:
No
Env Assmt Phase:
No
  • Photo 1: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
    Craftsman house with a chimney
  • Photo 2: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
    View of exterior entry
  • Photo 3: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
    Kitchen featuring appliances with stainless steel finishes, wine cooler, light wood finished floors, a kitchen island, and white cabinets
  • Photo 4: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
    Kitchen with stainless steel appliances, beverage cooler, light wood-style flooring, light countertops, and glass insert cabinets
  • Photo 5: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
    Dining space featuring baseboards, light wood finished floors, and a chandelier
  • Photo 6: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
    View of doorway
  • Photo 7: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
    Full bath with vanity, toilet, baseboards, and a shower with shower curtain
  • Photo 8: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
    Bathroom with a shower with door, toilet, a skylight, vanity, and wood finished floors
  • Photo 9: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
    Dining area featuring dark wood-style flooring, baseboards, lofted ceiling, and rail lighting
  • Photo 10: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
    Dining room with light wood-style flooring, vaulted ceiling, baseboards, and a skylight
  • Photo 11: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
    Bedroom with multiple windows and a glass covered fireplace
  • Photo 12: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
    Office area featuring wood finished floors and baseboards
  • Photo 13: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
    Kitchen featuring appliances with stainless steel finishes, decorative backsplash, light countertops, and white cabinetry
  • Photo 14: 2814 W 3rd Avenue in Vancouver: Kitsilano Business with Property for sale in "Alma Beach Suites" (Vancouver West)  : MLS®# C8069166
    Floor plan / room layout
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Listed by Rennie & Associates Realty Ltd. and Prompton Real Estate Services Inc.
Data was last updated May 15, 2025 at 05:40 PM (UTC)
Alex Mozaffarian