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$2,698,800
| Bedrooms: | 6 |
| Bathrooms: | 6 |
| Listing Type: | Other |
| Sqft | 7,209 |
| Lot Size | 7,200 |
| Built: | 1912 |
| Price: | $2,698,800 |
| Listed By: | Dien Realty |
| MLS: | R2674519 |
Description
An excellent opportunity to own this 7209 sq/ft Edwardian Mansion(fully rented) to generate income. This multi-unit(9 legal units) character building is surrounded by other large historic character homes and sits on a large 60x120ft lot. Ideal for principal use and keep some tenants as income property for future development. Fire code and safety condition in good working order, features: fir, oak floors, bay windows with stained glass, clawfoot tubs, high ceilings, mosaic tiles, fire place and much more (please refer to updates list attached to listing). Cap rate of 3.5% with great rental upside, rents well below market. Excellent walking distance to Douglas college, skytrain, New Westminster Quay, Queens park and uptown, downtown restaurants & shopping!
Taxes (2021): $6,716.98
