Absolutely rare opportunity here. Land value exceeds the list price of this unit. For now, great 6th floor concrete 2 bedroom unit (both large) will generate big rent. Unlimited rentals. Rent or move in either option you have a great investment. Big Upside. Recent Developers offer was substantially higher than the list price of this unit. Seller says to share this information in detail so you may see the obvious upside to this purchase. The offer was turned down by the strata owners by a narrow margin and the land value here will continue to be very valuable. Regardless of when the building sale happens, this suite is a great investment to live in or rent out. Awesome location facing Central Park with the Patterson Skytrain at your doorstep. CONTACT LISTING REALTORS FOR FURTHER DETAILS.
Property Details
Property Type
Apartment Unit
Style
End Unit
Title to Land
Freehold NonStrata
Year Built
1980
Area
Burnaby South · Metrotown
View
Park Outlook
Outdoor
Balcony(s)
Heating / Cooling
Baseboard
Flooring
Mixed
Construction
Concrete
Parking
Garage Underbuilding (1 stall)
Water Supply
City/Municipal
Kitchens
1
Units in Development
95
Financial
List Price$498,000
Gross Taxes$2,078 · 2019
Maintenance Fee$345/mo
✦ Included in the Maintenance Fee
Caretaker
Garbage Pickup
Hot Water
Recreation Facility
Rooms 6
Foyer
Main4' x 4'
Bedroom
Main12' x 10'6
Master Bedroom
Main12'6 x 11'6
Dining Room
Main13' x 7'
Kitchen
Main9' x 7'
Living Room
Main14' x 13'
Features & Appliances
✦ Bylaws & Pets
Pets Allowed w/Rest.
Rentals Allowed
Where this information comes from:
Listing details, room sizes, features and financials are from the active MLS® listing
R2481042, Real Estate Board of Greater Vancouver, listed by Sutton Group-West Coast Realty (Gregory Dunford).
Listed Jul 27, 2020. Feed last updated Sep 3, 2020.
Building-level information is from the BCCondos.net building database.
Measurements are provided by the listing brokerage and are approximate — buyer to verify all data.
Book a Showing
603 5932 PATTERSON AVENUE · Parkcrest · MLS® R2481042 · with Les Twarog
1428 W 7th Avenue, Vancouver, BC V6H 1C1604.602.1111 | info@bccondos.net
MLS®, REALTOR® and the associated logos are trademarks of The Canadian Real Estate Association
The listing data is provided under copyright by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver.The listing data is deemed reliable but is not guaranteed accurate by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board, Real Estate Board of Greater Vancouver, nor BCCondos.