High Quality, 1st Class, Investment Property w Huge Income! 8 Self Contained Suites. Completely rebuilt from foundation in 2005, add'l renos 2006-2007, bright Suites, great Tenants, low maintenance Bldg, sprinklered, minimal management reqd, zero vacancy. Some posted photos taken shortly after renos. Inc $9,416/mo, $112,992/yr, rent well below market. Cap Rate 5.4%. Potentials: Inc $12,700/mo, $152,400/yr, Cap Rate 7.7%. Great Mt Pleasant location, close to shopping, restaurants, transit, parks, mins Main St & D/T. Great investment, also perfect for non profit housing societies. Call LS for more info, floor plan, info pkg. Showings avail w 2 day notice. Showing Mon Dec 16 noon gone by 1:00pm by appt only. Offers if any, Mon Dec 16 after 5 PM, Email to LS.
Property Type:
Multifamily
Dwelling Type:
Other
Home Style:
2 Storey
Year built:
1925
(Age: 99)
Total area:
3,040 sq. ft.282 m2
Total Floor Area:
3,040 sq. ft.282 m2
Total unfinished area:
0 sq. ft.0 m2
Main Floor Area:
1,380 sq. ft.128 m2
Floor Area Above Main:
1,660 sq. ft.154 m2
Floor Area Above Main 2:
0 sq. ft.0 m2
Floor Area Below Main:
0 sq. ft.0 m2
Basement Area:
0 sq. ft.0 m2
Levels:
2
Bedrooms:
2
(Above Grd: 2)
Bathrooms:
7.0
(Full:7/Half:0)
Kitchens:
8
Rooms:
24
Taxes:
$6,367.73 /
2024
Lot Area:
3,259 sq. ft.303 m2
Lot Frontage:
37'11.3 m
Lot Depth:
88.09
Outdoor Area:
Patio(s) & Deck(s)
Water Supply:
City/Municipal
Heating:
Natural Gas, Radiant
Construction:
Frame - Wood
Foundation:
Concrete Perimeter
Basement:
None
Roof:
Asphalt
Parking:
None
Exterior Finish:
Vinyl
Title to Land:
Freehold NonStrata
# Bachelor Units:
6
# 1Bdrm Units:
2
# 2Bdrm Units:
0
# 3Bdrm Units:
0
# Other Units:
0
Income as at Date:
Dec 09, 2024
Income Per Annum:
112992.0
Oper. Expenses:
17943.0
Net Operating Income:
$95,049
LOT 8, BLOCK 102, PLAN VAP2466, DISTRICT LOT 301, NEW WESTMINSTER LAND DISTRICT
Floor
Type
Size
Other
Main
Living Room
14'4"4.37 m × 13'9"4.19 m
-
Main
Kitchen
8'6"2.59 m × 4'6"1.37 m
-
Main
Dining Room
8'6"2.59 m × 7'4"2.24 m
-
Main
Bedroom
13'4"4.06 m × 11'1"3.38 m
-
Main
Living Room
11'2"3.40 m × 8'7"2.62 m
-
Main
Kitchen
8'9"2.67 m × 7'2"2.18 m
-
Main
Bedroom
10'2"3.10 m × 8'8"2.64 m
-
Main
Living Room
20'7"6.27 m × 9'1"2.77 m
-
Main
Kitchen
9'1"2.77 m × 8'2"2.49 m
-
Main
Utility
7'3"2.21 m × 6'6"1.98 m
-
Main
Utility
11'2"3.40 m × 5'6"1.68 m
-
Main
Storage
21'6.40 m × 7'2.13 m
-
Main
Storage
21'6.40 m × 7'2.13 m
-
Above
Living Room
11'11"3.63 m × 11'11"3.63 m
-
Above
Kitchen
7'11"2.41 m × 5'6"1.68 m
-
Above
Eating Area
8'9"2.67 m × 5'1.52 m
-
Above
Living Room
13'3.96 m × 7'10"2.39 m
-
Above
Kitchen
11'4"3.45 m × 7'2"2.18 m
-
Above
Living Room
12'11"3.94 m × 11'11"3.63 m
-
Above
Kitchen
11'11"3.63 m × 6'7"2.01 m
-
Above
Living Room
12'7"3.84 m × 11'4"3.45 m
-
Above
Kitchen
10'2"3.10 m × 7'6"2.29 m
-
Above
Library
15'4.57 m × 8'2.44 m
-
Above
Kitchen
8'2.44 m × 5'1.52 m
-
Floor
Ensuite
Pieces
Other
Main
No
3
Main
Yes
4
Main
No
4
Above
No
4
Above
No
4
Above
No
4
Above
No
-
Above
No
4
Property Disclosure:
No
Fixtures Leased:
No
Sprinklers:
Yes
Smoke Detectors:
Yes
Services Connected:
Electricity, Natural Gas, Sanitary Sewer, Storm Sewer, Water
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