For Sale by the LiveKitsilano Team: Great Investment Property

19.11.2014

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Studio in the Capers Building: #210 1979 Yew St.

List Price $359,900
MLS®# V1094239
Type Apartment/Condo
Built In 1994
Living Area 518 sq.ft.
Bedrooms 0
Bathrooms 1 full
Maintenance Fee $250.00/mo.

This studio unit in the Capers Building at 1979 Yew St in Kitsilano is a great condo. The finishings are great, the floor plan makes great use of the small 518sqft space with a built in Murphy Bed and good sized kitchen and dining room. The outdoor space is big enough for a bistro style table and chairs, and even comes with some mountain views.

The unit has a lot of potential to be a great investment unit. Currently rented out for $1500/month to a good tenant, this space would be able to garner more in the rental market with some updates to the bathroom floors, and offering it furnished.

The location of this Kitsilano condo is unbeatable – you’re at the heart of West4th Ave being above the Capers Grocery Store (and across from the Safeway) with some of the best stores (Gravity Pope, JBNY, Lululemon), best restaurants and bars (Browns Social House, Burgoo, Trattoria, Fable, Maenam), great amenities (Yoga, and more) and Kits Beach with its beach, basketball courts, tennis courts, and more only a few blocks down the hill.

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Remarks: Rarely available Capers building! This sleek and modern studio comes equipped with built-in Murphy bed and desk combo, open kitchen with granite counters, stainless steel appliances and a cozy gas fireplace. Private patio is perfect for summer BBQs and offers mountain views. The famed Capers building boasts an unbeatable location, rainscreened concrete construction, a geothermal heating system and built-in water purification. Whole Foods, Semperviva and Kits Wine Cellar are literally at your doorstep! Parking and storage locker included. Insuite laundry. Pets and rentals welcome. Don’t miss this!

For more information and photos: #210 1979 Yew St or contact the LiveKitsilano Team.

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To view information about this Kitsilano condo building and to see if there are any other listings: Capers 1 and Capers 2.

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