Vancouver House for sale: 8 bedroom 2,167 sq.ft. (Listed 2015-05-26)

Excellent investment opportunity! This affordable 3 level East Van home on a 31.5x101 RT5 lot makes a great low maintenance holding property while generating solid income. Currently rented by the room to students, it is generating $48,900 in annual rent with low turnover and offers a 4.2% Cap Rate. Close to skytrain, B-Line and VCC, the property is always easily rented. This home also works for a family looking for 3 bedrooms on the top floor with rental income from the self contained 3 bedroom basement suite with sep laundry. 3 year old roof, all new wiring w/ 200 amp service, plumbing updates, West facing deck and yard make this one a great option. Showing by appt only.

PRIMARY: Awarded One of Canada's Top 40 elementary schools, Charles Dickens Elementary has progressive individualized learning models and a beautiful new school built with a LEED GOLD - designed for healthy, sustainable and efficient spaces.

SECONDARY: Known for their outstanding athletic achievements, Tupper high school just turned 50 this year.  Tupper currently has a student population of approximately one thousand. "We, the Tupper school community, are committed to motivating all individuals to embrace the learning process through a challenging and relevant educational experience in a supportive environment. In striving to help all students achieve their potential and become contributing and fulfilled members of our society, we will work as a team -- cooperatively, responsibly, and enthusiastically."