Exceptional RT-2 zoned corner lot property offering strong rental income and development potential. Thoughtfully renovated and converted in 2023 into three separate rental suites, each with its own washer and dryer. The property currently generates approx. $7,000/month rental income, providing immediate cash flow for investors. Situated within the TOA Tier 2 area, ideal for investors, multi-generational families, buyers looking to live in one suite while collecting rents from the other two. It also offers duplex, multiplex, and future development potential. This is a rare opportunity combining the advantages of an RT-2-zoned corner lot, multiple income streams, and an excellent location close to transit, parks, restaurants, and supermarkets.
Address
2898 Natal Street
List Price
$2,198,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
Vancouver East
Sub-Area
Renfrew Heights
Bedrooms
8
Bathrooms
3
Floor Area
2,224 Sq. Ft.
Main Floor Area
1112
Lot Size
3696 Sq. Ft.
Lot Size Dimensions
33 x 112
Lot Size (Acres)
0.08 Ac.
Lot Size Units
Square Feet
Total Building Area
2224
Frontage Length
33
Year Built
1981
MLS® Number
R3148454
Listing Brokerage
Royal Regal Realty Ltd.
Basement Area
Exterior Entry
Postal Code
V5M 2H1
Zoning
RT2
Ownership
Freehold NonStrata
Parking
Additional Parking, Lane Access, Side Access
Parking Places (Total)
2
Tax Amount
$8,390.47
Tax Year
2025
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Forced Air
Garage
Yes
Carport
Yes
Levels
Two
Number Of Floors In Property
2
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