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Foreclosure signalLegal suite

$2,400,000

2072 KITCHENER STREET

Save this home

Beds

6

Baths

4

Sqft

Year

1912

Type

Multi-family

Suite

Legal suite

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Vancouver. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Court Ordered Sale - Property Sold As Is Where Is. This corner-lot gem in Grandview-Woodland is a premier opportunity for visionaries and large families. The existing home features a multi-level layout including a legal suite, offering rental income potential or a flexible setup for multigenerational living. Located on a peaceful, traffic-controlled street, you are perfectly positioned to enjoy the best of East Vancouver. Walk to the eclectic shops and restaurants of Commercial Drive, or spend afternoons at nearby Trout Lake Park. With RT-5 zoning providing a variety of future development or renovation paths, this property is a strategic addition to any portfolio. Bring your renovation ideas and capitalize on this rare opening in a highly sought-after community. Contact the listing agent to schedule a private showing; do not enter the property without an appointment. (id:65958)

Subtype
Multi-family
Structure
Triplex
Common interest
Freehold
Living area
2,973 square feet
Lot size
3,732.32 square feet
Lot dimensions
3732.32
On market
Mar 24, 2026
Status changed
Apr 22, 2026
Annual tax
$9,004.86 (2025)
Photos
35
MLS#
R3100898
Area
VANCOUVER

Features and systems

Basement

FinishedFullSeparate entrance

Lot

Central location
Negative cash flow ~$228/mo at these assumptions

Cash on cash

-0.57%

Cap rate

4.75%

GRM

13.9

Break-even rent

$14,640

Financing

Down payment$480,000
Loan amount$1,920,000
Mortgage$9,728/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,100
Insurance$80
Maintenance$2,000
CapEx reserve$1,000
Vacancy loss$720

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $9,728/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 22, 2026.

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