2898 Natal St, Vancouver, BC V5M 2H1

$2,198,000
8
BD
3
BA
2,224
SqFt

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List Price
$2,198,000
Status
ACTIVE
MLS® #
R3148454
Year Built
1981
Subtype
Single Family Residence
Stories
2
Bedrooms
8
Total baths
3
Living Area
2,224
Area
Vancouver East
Community
Renfrew Heights

Property Description

Rare income-producing RT-2-zoned corner property offering immediate rental income and redevelopment potential. Thoughtfully renovated and converted in 2023 into three separate suites, each with its own laundry. The property currently generates approximately $7,000/monthly rental income, making it an excellent mortgage helper. Situated within the TOA Tier 2 area, this corner lot offers lane and side access, providing excellent flexibility. Perfect for investors, multi-generational families, or buyers looking to live in one suite while collecting rental income from the other two. This is a rare combination of future land value upside, strong rental income, and an excellent location close to transit, parks, restaurants, and supermarkets.

Additional Information

Lot Size
3,696
Levels
Two
Acres
0.08
Region
Vancouver East
Title To Land
Freehold NonStrata

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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.