~4% Gross Yield + Land Upside East Vancouver Investment Opportunity! Thoughtfully renovated and converted in 2023 into three separate suites, each with its own laundry. The property currently generates approximately $80,000/annual rental income, making it an excellent mortgage helper. Situated within the TOA Tier 2 area, this RT-2 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.
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
NAI Commercial
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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