1921-1923 WHYTE AVE, KITS POINT, VANCOUVER, BC, V6J 1B4, Canada

A charming, and unique property situated on Kits Point, Vancouver's exclusive beachside neighbourhood. This majestic 3244sf home has been TASTEFULLY RENOVATED, incorporating refined  modern design into the rich heritage detailing. Three gorgeous self-contained suites generate impressive revenue, and feature over-height coffered and vaulted ceilings, HW floors, marble counters, solid wood cabinets,  updated  kitchens, and bathrooms with heated floors. Fenced yard, landscaped gardens, Pennsylvania Bluestone patio, sunny decks and veranda. The 2-car skykit garage, built approximately 8 years ago,  is alarmed and secure. A VERY RARE OFFERING. OPEN SAT NOV 7th, 2-4PM. 

GROSS ANNUAL REVENUE $112,200

SUITE MIX:

TOP LEVEL –        TWO BEDROOM PLUS OFFICE, ONE BATHROOM, PRIVATE LAUNDRY, LARGE DECK
                             Currently rents for $3900 per month. Leased until December 31, 2015.
                             Tenant is leaving.

MAIN LEVEL –      TWO BEDROOM, ONE BATHROOM, PRIVATE LAUNDRY, LARGE DECK AND VERANDA
                             Currently rents for $3700 per month. Leased until January 9, 2016. Tenant is leaving.

GARDEN LEVEL – ONE BEDROOM, ONE BATHROOM, PRIVATE LAUNDRY
                              Currently rents for $1750 per month. Leased until August 31, 2016.

This property is not a strata.

APPROXIMATE ANNUAL EXPENSES $20,000:

Property taxes - $10,101.51 (2015)

Insurance $2,553

Fortis $3,319

Hydro $1,718

Power washing, sprinkler system maintenance, window and gutter cleaning $800

Gardening (current owner does most gardening) $400

Fireplace maintenance $225