Great opportunity for first-time home buyers or savvy investors. This fully renovated and furnished property offers strong cash flow potential, with both the main and upper floors capable of being rented separately. Estimated rental income of approximately $4,500/month or more makes it an excellent option to help support mortgage payments. Situated on a valuable lot with multi-family zoning potential, this property also presents a compelling future land assembly or redevelopment opportunity. Backing onto beautiful Kingcrest Park, the home enjoys a rare combination of privacy and urban convenience. Located directly across from Save-On-Foods, library, and public transit, ensuring high rental demand and long-term holding value. The Seller is a licensed Real Estate Agent. Serious inquiries
Address
1440 E King Edward Avenue
List Price
$1,599,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
Vancouver East
Sub-Area
Knight
Bedrooms
6
Bathrooms
2
Floor Area
1,924 Sq. Ft.
Main Floor Area
962
Lot Size
3049.2 Sq. Ft.
Lot Size Dimensions
32.5 x 99
Lot Size (Acres)
0.07 Ac.
Lot Size Units
Square Feet
Total Building Area
1924
Frontage Length
32.5
MLS® Number
R3038571
Listing Brokerage
Parallel 49 Realty
Basement Area
None
Postal Code
V5N 2V4
Zoning
RES
Ownership
Freehold NonStrata
Parking
Detached, Lane Access, Rear Access
Parking Places (Total)
2
Tax Amount
$5,727.73
Tax Year
2022
Site Influences
Balcony
Exterior Features
Balcony
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Hot Water, Radiant
Levels
Two
Number Of Floors In Property
2
Window Features
Window Coverings