+18 more
$2,099,000
Listed by: eXp Realty · MLS®
Ultimate REVENUE GENERATOR in Kensington-Cedar Cottage! This prime location offers a dream lifestyle on a quiet cul-de-sac, just steps from Trout Lake Park, the community centre, and Farmers Market. Commuting is effortless with Nanaimo Skytrain only minutes away. Maximize cash flow with a versatile floor plan: a spacious 3-bed/2-bath owner’s level plus TWO high-yield mortgage helpers below (2-bed suite + 1-bed in-law suite). This is an investor's dream or the perfect multi-generational home. Parking is a major win with a rare 4-car capacity (double garage + double carport), a massive asset for owners and tenants. Featuring cozy radiant heating throughout, this is a turnkey opportunity for those seeking top-tier rental income. Don't miss out!
MLS® #
R3151657
Status
Active
Type
Residential
Sub-type
Single Family Residence
Style
Ground Level Unit
Ownership
Freehold NonStrata
Bedrooms
6
Full Baths
4
Half Baths
0
Fireplaces
1
Living Area
2,247 sqft
Main Floor
1,052 sqft
Lot Size
3,956 sqft
Lot Dimensions
43 x 92
Frontage
43
Year Built
1998
Age
28 years
Structure
Residential Detached
Parking Stalls
4
Garage Spaces
2
Parking Type
Carport Multiple, Garage Double, Rear Access
Taxes
$9,977.88/yr
MLS® Area
Grandview Woodland
City
Vancouver
Postal Code
V5N 4Y8
Heating
Natural Gas
Appliances
Washer/Dryer · Dishwasher · Refrigerator · Stove
Fireplace
Gas
Security
Security System
Windows
Window Coverings
Interior Features
Central Vacuum
Exterior Features
Private Yard
Lot Features
Central Location, Cul-De-Sac, Recreation Nearby
Community
Shopping Nearby
Coordinates: 49.251554, -123.059782 · Map data © Google
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Transit-Oriented Area — Tier 3
~470 m from Nanaimo SkyTrain station
Provincial law requires the city to allow at least 3.0 FAR and 8 storeys for residential here — well above typical single-family zoning. Potential land-assembly interest from developers.
Multiplex potential: on a ~368 m² lot, BC’s small-scale housing law requires the municipality to allow at least 4 units (up to 6 near frequent transit), where it applies.
~470 m straight-line to Nanaimo SkyTrain
Screening estimate from provincial regulations (TOA station points, B.C. Reg. 263/2023 & 265/2023; small-scale multi-unit housing rules). Distances are straight-line; actual TOA maps are set by municipal bylaw and some parcels (heritage, ALR, exempt areas) are excluded. Confirm with the municipality before relying on it.
Not in the Agricultural Land Reserve.
The listing’s flood plain disclosure is available to registered users. Create a free account or sign in.
ALR from the Agricultural Land Commission via DataBC (point check at the listing’s mapped location). Flood plain is the listing brokerage’s disclosure. Confirm both with the municipality and your lawyer.
Source: City of Vancouver Open Data
No permits found for this address in the open data registry.
