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.
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