RS-5 KERRISDALE-Cash Flowing Today, Goldmine Tomorrow. The unicorn: income-producing property with serious development upside on one of Kerrisdale's most coveted family streets. Two legal suites already generating cash flow while you plan your next move. Developers: 33' x 118' RS-5 lot screaming for multi-family development in a neighbourhood where inventory is non-existent. Teardown and rebuild, or convert the existing structure. Either way, you're playing in Vancouver's most stable, premium market where families pay top dollar to live. Multi-generational families: Three completely separate living levels-main floor 1BR suite for in-laws or nanny, middle level 2BR primary home with oversized media room, gourmet kitchen, and formal dining, top floor 1BR loft suite with private rooftop deck capturing stunning Gulf Island views. Live in one level, rent the other two, let tenants cover your mortgage. New builds of similar size in the area are double the price. Don't miss out. (id:27476)
