About This Property
Immediate Income. Long-Term Value! With $2,500/month in rental income and approximately $2,590/month in carrying costs (20% down, 30-year amortization, $388.25/mo strata + $1,340.87/yr taxes), this residence offers a near cash flow investment profile. Set on the 17th floor, this TURN KEY READY renovated bachelor suite captures expansive WATER and CITY views! interior and Exterior sqftg total 516sqft Featuring an 83sqft undercover full-length balcony spanning the length of the home with exceptional views! The space is bright, modern, and thoughtfully designed with with stainless steel appliances, new vinyl flooring and A/C for year-round comfort. Tenant in place for immediate continuity of income. Bldg Amenities include pool, hot tub, sauna and fitness facilities. Ideally located steps to excellent restaurant T&T Market, Skytrain and SEAWALL! RARE to have parking, extra-large storage, water views and A/C all on a high floor at this price point! An excellent blend of lifestyle and long-term value! (id:64973)
The $449,000 price tag, translating to $1,008 per square foot, is competitive compared to the Vancouver condo market, where the average price per square foot is around $1,150. This one-bedroom, 445-square-foot unit presents an attractive investment opportunity for buyers seeking a turn-key rental property with a near cash-flow positive profile and expansive water and city views.
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