Here is information on Bob's New Listing at 610 Salsbury Drive Vancouver. Located a quiet Commercial Drive neighbourhood, this is a Great 3 Suite Building Plus a Cool Coach House all in good Condition with Great Income & Great Tenants. The 3 Level, 2150 SF Main House has 3 Self Contained Suites: Top Floor: 3 good sized Bdrms with ample bright living room & big kitchen rented @ $2,490/mo. Main Floor: 2 Bdrms with a big, open combined kitchen/dining/lounge space plus yard access rented @ $1,948/mo. Ground Floor: compact 1 Bdrm rented @ $1,275/mo. Rear: Detached 200 SF Studio Coach House rented @ $660/mo. Tenants pay approximately half of Utilities which, with coin laundry, brings Total Income of $79,824/yr & Cap Rate 3.6% (soon to be increased to $81,396/yr with Rental Upside). Potential Income is $92,148/yr with Potential Cap Rate 4.3%. The 2 Houses are in good condition with attractive Suites, Updated kitchens & baths - some with Downtown View!
The property is on a 33’ X 96’ RM4 Zoned Lot & nice quiet street in the heart of "The Drive". Close to Restaurants, Shopping, Schools, Parks & Transit, just minutes to Downtown. Vancouver Walk Score 95, Transit Score 70, Bike Score 87. This is a Great Easy Care Investment Property and also perfect for Owner Occupiers or Shared Ownership with lots of Mortgage help. Showing by Appointment with 2 Day Notice, must confirm attendance. Call Bob Bracken at 604-220-2035 for Info Pkg, Floor Plan, Viewing. Asking Price $1,799,000. Showing Sunday Sept 17th @ 1:00pm by Appointment Only, must confirm attendance. Asking Price $2,098,000
Property Type:
Residential Detached
Dwelling Type:
House/Single Family
Home Style:
2 Storey w/Bsmt.
Year built:
1910
(Age: 113)
Total area:
2,145 sq. ft.199.28 m2
Total Floor Area:
2,145 sq. ft.199.28 m2
Price Per SqFt:
$838.69
Total unfinished area:
210 sq. ft.19.51 m2
Main Floor Area:
750 sq. ft.69.68 m2
Floor Area Above Main:
795 sq. ft.73.86 m2
Floor Area Above Main 2:
0 sq. ft.0 m2
Floor Area Detached 2nd Residence:
200 sq. ft.18.58 m2
Floor Area Below Main:
390 sq. ft.36.23 m2
Basement Area:
0 sq. ft.0 m2
No. Floor Levels:
4.0
Bedrooms:
6
(Above Grd: 5)
Bathrooms:
4.0
(Full:4/Half:0)
Kitchens:
4
Rooms:
17
Taxes:
$7,354.82 /
2023
Lot Area:
3,268 sq. ft.303.61 m2
Lot Frontage:
33'10.058 m
Lot Depth:
99.6
Outdoor Area:
Balcny(s) Patio(s) Dck(s)
Water Supply:
City/Municipal
Plan:
VAP1628
Heating:
Forced Air, Natural Gas
Construction:
Frame - Wood
Foundation:
Concrete Perimeter
Basement:
Full, Partly Finished, Separate Entry
Roof:
Asphalt
Parking:
None
Exterior Finish:
Wood
Title to Land:
Freehold NonStrata
Floor
Type
Size
Other
Main
Living Room
10'7"3.23 m × 10'2"3.10 m
-
Main
Dining Room
9'10"3.00 m × 6'11"2.11 m
-
Main
Kitchen
10'10"3.30 m × 9'1"2.77 m
-
Main
Bedroom
10'3.05 m × 8'6"2.59 m
-
Main
Bedroom
12'1"3.68 m × 10'3.05 m
-
Above
Living Room
15'1"4.60 m × 9'4"2.84 m
-
Above
Kitchen
11'1"3.38 m × 10'2"3.10 m
-
Above
Bedroom
9'9"2.97 m × 9'2.74 m
-
Above
Bedroom
10'2"3.10 m × 9'2"2.79 m
-
Above
Bedroom
10'2"3.10 m × 9'8"2.95 m
-
Bsmt
Living Room
13'3.96 m × 7'10"2.39 m
-
Bsmt
Kitchen
13'3.96 m × 6'1.83 m
-
Bsmt
Bedroom
9'2.74 m × 8'6"2.59 m
-
Bsmt
Laundry
8'2.44 m × 6'1.83 m
-
Bsmt
Storage
10'3.05 m × 10'3.05 m
-
Below
Living Room
11'5"3.48 m × 8'10"2.69 m
-
Below
Kitchen
12'3.66 m × 6'1.83 m
-
Floor
Ensuite
Pieces
Other
Main
No
3
Above
No
4
Bsmt
No
4
Below
No
3
LOT B, BLOCK 7, PLAN VAP1628, DISTRICT LOT 183, NEW WESTMINSTER LAND DISTRICT, OF LOTS 1 & 2, OF BLK E
Dist to Public Trans:
1 block
Property Disclosure:
No
Fixtures Leased:
No
Services Connected:
Electricity, Natural Gas, Sanitary Sewer, Storm Sewer, Water
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